Undertaking Capitalist Ken Seiff Buys Surf Club Rental for M

Undertaking Capitalist Ken Seiff Buys Surf Club Rental for $24M

Venture capitalist Ken Seiff bought a condo at 4 Seasons Residences at the Surf Club in Surfside for $24 million.

Documents show Eric Kenneth Seiff purchased unit S-901 at 9001 Collins Avenue from the trust of the late Marguerite DeLany Hark. Jackie Feldman of One Sotheby’s Intercontinental Realty had the listing, and Miltiadis Kastanis and Pablo Alfaro of Douglas Elliman brought the consumer.

Seiff is controlling spouse at Miami-primarily based Blockchange Ventures, which focuses on investing in blockchain technological innovation. 

Hark, who died in 2022, was a descendent of Thomas Jefferson and Sally Hemings, according to printed reviews. Her maternal grandfather was Walter Beverly Pearson, a fantastic-grandson of Jefferson and Hemings. Pearson was also president of the Conventional Screw Enterprise, which is right now acknowledged as the motor vehicle components maker Stanadyne. Hark’s late husband, Dr. William A. Hark, was an orthopedic surgeon at Hurry College Medical Heart in Chicago. Her jewelry assortment marketed for a combined $4.4 million at auction, in accordance to the auction house Freeman’s | Hindman. 

Hark bought the Surf Club 4 Seasons condominium for $22 million in 2017, the year it was concluded. The 5,900-square-foot unit has 4 bedrooms, six loos and 1 50 %-rest room, according to residence data. Her belief listed the unit for $30 million in May possibly, and dropped the selling price to $28 million in July, Redfin exhibits. 

According to Feldman, the unit had not been altered since Hark acquired it. Still, South Florida’s luxurious potential buyers do not want bare bones. They want completed units with all the finishes, she stated. 

“If we had had this unit wholly embellished with millwork, created-ins, it could have long gone for more than $30 [million],” she explained. 

Nadim Ashi’s Fort Partners produced Surf Club Four Seasons, which was intended by Richard Meier and Kobi Karp. It incorporates a 72-critical hotel, two 12-tale condo structures, a private club, 4 swimming pools, a health club and a Thomas Keller cafe. 

Final thirty day period, the proprietors of Total Wine & A lot more bought a Surf Club Four Seasons rental for $15.9 million. In August, previous Ford CEO Jacques Nasser marketed a device for $18.5 million. In July, a Florida entity joined to a authentic estate agent marketed a condo for $22.8 million.  

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