Published by The Real Deal South Florida, December 11, 2020
An entity linked to a New York-based apartment management firm bought an Oceanfront Condo at Surf Club Four Seasons in Surfside, Florida for $11.5 million.
Records show Sudbury Surf LLC bought unit S-1007 at 9001 Collins Ave from SC Residences Condominiums LLC, linked to the project’s developer, Fort Partners head Nadim Ashi. Sudbury Surf LLC is tied to family-owned Algin Management, founded in 1957 by Albert Ginsberg.
Charlotte Maietto with Surf Club Realty brokered the deal. The selling price equates to $2,712 per square foot.
The 4,240-square-foot condo has four bedrooms and five-and-a-half bathrooms. It is on the 10th floor, just below the penthouses, and includes views of the Atlantic Ocean and Intracoastal Waterway.
According to property records, Sudbury Surf LLC already owns another unit, S-805, in the same tower. The company bought the unit in 2018 for $6.3 million.
Completed in 2017, Four Seasons private Residences at The Surf Club enjoys a prime Oceanfront location on a 9-Acre site in the beautiful Town of Surfside, Florida. Designed by Pritzker Prize-winning architect Richard Meier, Four Seasons Residences at The Surf Club features 2 Residential Towers and a Four Seasons Hotel rising above the historical Surf Club, designed by Russell Pancoast in 1930. The 150 Residences, ranging in size from 1,800 square feet to 7,800 square feet, feature floor-to-ceiling Glass “Walls”, Contemporary design, spacious Terraces, private Elevator entry, premium interior finishes, 51 Floor plans, and up to twenty-foot-high Ceilings with expansive, luminous living spaces and beautiful views of the Atlantic Ocean, Biscayne Bay, and City Skyline.