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9149 Collins Avenue

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

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

9149 Collins Avenue

$27,100,000

Building Size

Asset Type

Condo

Closing

Jun 1, 2026

AI

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

Nadim Ashi

Fort Partners

Seller

$2.2B

vol

18 deals

Seller

Leonardtown Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.59%

Cash-on-Cash

-0.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93