Surf Club Four Seasons Penthouse Sells for Document M

Surf Club Four Seasons Penthouse Sells for Document $44M

An entity joined to Apple marketed an oceanfront penthouse at Four Seasons Residences at the Surf Club in Surfside for a history $44 million.

Home data exhibit PDE 1186 LLC, a Florida entity, offered PH4 in the north setting up to G5C Funds Company, a organization based mostly in Ontario, Canada. Both the purchaser and vendor are concealed. Apple legal professional Victoria Nassi signed on behalf of the seller.

Mick Duchon and Eloy Carmenate of the Corcoran Group experienced the listing, and Ximena Penuela of Fort Realty brought the buyer. 

The penthouse final bought for $29.1 million in 2018, property data clearly show. It spans 7,300 sq. feet, with 5 bedrooms, 5 loos and one fifty percent-bathroom, and incorporates a yoga home, gym, spa, outdoor back garden and 75-foot rooftop pool, the listing displays. 

Fort Partners, led by Nadim Ashi, concluded the oceanfront Surf Club Four Seasons in 2017. Made by Pritzker Prize-winner Richard Meier and Kobi Karp, it involves two 12-tale condo structures, a 72-crucial resort, a private club, four swimming pools and a restaurant by Thomas Keller. 

The condos are a beloved between South Florida’s perfectly-heeled prospective buyers. In February, undertaking capitalist Ken Seiff dropped $24 million on a unit in the south making. In January, Robert Trone and Anna Marie Parisi-Trone, the homeowners of Overall Wine & A lot more, acquired a north setting up unit for $15.9 million. Former Ford CEO Jacques Nasser offered his rental for $18.5 million in August.  

The penthouse outlined for $55 million in November, Redfin reveals. It shut for $11 million down below its asking price tag. The up coming best priced sale at Surf Club Four Seasons was non-public equity founder Doug Kimmelman’s 2019 order of a south setting up penthouse for $35 million.  

Rental gross sales have slowed in South Florida, but the ultra-rich are still snapping up penthouses. News broke last month that the Shore Club, a planned Auberge-branded oceanfront project in Miami Seashore, identified a consumer for its $120 million penthouse. It’s nevertheless yrs from completion, but if and when the offer closes it would be a rate record for rental product sales in Florida.

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