In 2017, the Four Seasons Hotel & Residences at the Surf Club (Phase I) located in Miami, Florida opened its doors; a seamless blend of the heritage and glamour of the original Surf Club from the 1930s and the renowned quiet elegance of the Four Seasons brand. It has gone on to become one of the most successful Four Seasons hotels in the world and one of the most sought-after and exclusive addresses on the world-renowned Miami beachfront.
On the heels of this success, the Four Seasons Surf Club Residences (Phase II) has been launched; an ultra-luxury beachfront condominium project, as an extension of the existing Four Seasons Hotel & Residence. Once complete, the project will consist of 53 units housed in 2 towers directly north and 1 tower directly south of the existing property.
This best-in-class project is being developed by Fort Partners, a Miami based privately held real estate and hospitality development firm and one of the leading developers and owners of Four Seasons properties around the world.
This EB-5 offering is raising up to $132 million from 165 discerning investors. Read on to find out more about this EB-5 investment opportunity.
The February condo sales report for the Miami-Dade area was recently released. Here are the key points from the report:
• Sales Surge: Total sales amounted to $559 million, a significant increase from $466 million in January, with 704 units sold compared to 598 in the previous month.
• Priciest Sale: The most expensive sale was at Four Seasons Residences at the Surf Club, unit S-901 in Surfside, which sold for $24 million.
My 2023 ranking of the best Condos in Miami is based on a scored combination of what clients consider to be the most important characteristics: location, services, floor plans, and privacy. Unsurprisingly these condos also happen to achieve the highest price per sqft while appreciating the most over the last 5 years. These top 10 provide consistent quality. But how did we analyze performance? We analyzed in part by using our Condo Geeks tool to historically track back and see their price per sqft performance.
A Florida entity linked to a real estate agent sold a Four Seasons Residences at the Surf Club condo for $22.8 million — marking a $13.5 million, or 145 percent price gain in six years. Records show Nikki Investment Corporation, managed by Francesca Halpryn, sold unit N-521 in the north building at 9111 Collins Avenue in Surfside to SP Land Trust, with Simon Levin as trustee. The true buyer is unknown.
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