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
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