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Seaway301 Corp. Acquires Condo At Seaway At The Surf Club For $27.1M From Nadim Ashi

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SOLD
$27,100,000

Florida

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Condo
Sold 06/01/2026
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SOLD

Seaway301 Corp. Acquires Condo At Seaway At The Surf Club For $27.1M From Nadim Ashi

9149 Collins Avenue

See Similar Deals
Condo
Sold 06/01/2026
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Summary

FLORIDA
Asset Type:Condo
Transaction Type:Sale

A unit at the Seaway at the Surf Club in Surfside, located at 9149 Collins Avenue Unit 301, has been sold for $27.1 million. This condo measures 4,519 square feet, resulting in a price per square foot of approximately $5,997. The buyer, Seaway301 Corp., also acquired a $1 million staff unit within the same building, part of a luxury condo development with 34 residences managed by Fort Partners alongside the Four Seasons Surf Club amenities.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $27,100,000
  • Buyer: Seaway301 Corp.
  • Seller: Nadim Ashi - Fort Partners
  • Location: 9149 Collins Avenue Unit 301, Surfside, FL

This transaction highlights the involvement of Nadim Ashi representing Fort Partners in the sale to Seaway301 Corp., indicating a direct connection between the seller and the luxury condo development's management. The deal reflects a significant investment in the high-end real estate market in Surfside.

Players

18 deals$2.2B volume
SELLER

Details

SOLD
IMAGE: Nadim Ashi DATE: 06/01/2026 ADDRESS: 9149 Collins Avenue Unit 301 MARKET: Surfside, FL ASSET TYPE: Condo BUYER: Seaway301 Corp. SELLER: Nadim Ashi - Fort Partners SALE PRICE: $27,100,000 NOTE: A unit at the Seaway at the Surf Club in Surfside sold for $27.1 million to Jersey-based Seaway301 Corp., with the 4,519-square-foot residence at 9149 Collins Ave. pricing out at roughly $5,997 per square foot. The buyer also acquired a $1 million staff unit in the same building, a 34-residence luxury condo development operated under Fort Partners alongside the Four Seasons Surf Club amenities.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,445,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$96,280.58
Cash-on-Cash Return-1.27%
Monthly Debt Service$128,467.83
Annual Debt Service$1,541,613.91