The transaction involved a condo located at 9165 Collins Avenue in Surfside, which sold for $121,220,000. The property spans 25,088 square feet, resulting in a price per square foot of $4,832. The asset is part of the Seaway at the Surf Club North, a boutique, 10-unit oceanfront condominium project that includes large residences with Four Seasons services.

Summary of transaction details:

• Property Type: Condo
• Transaction Amount: $121,220,000
• Square Footage: 25,088
• Price per Square Foot: $4,832
• Address: 9165 Collins Avenue
• Market: Surfside
• Seller: Nadim Ashi - Fort Partners

Fort Partners completed the sale of three ultra-luxury units at the property, with individual deals ranging from $37 million to $44.22 million. The development was financed with a $107.6 million construction loan, connecting it to the upscale market segment.