Bether Capital is pleased to announce that the United States Citizenship and Immigration Services (USCIS) has approved the I-956F application for the Four Seasons Surf Club Residences EB-5 Project in Surfside, Miami, Florida, in just 9 months.

“Pure elegance awaits” inside the Surf Club penthouse.

As luxury home prices rose across the country, the $48 million purchase of a decked-out, three-level oceanfront Surfside penthouse was the most expensive U.S. home sale recorded in the first quarter of 2024, according to a new report by real estate website Redfin. Luxury home prices climbed nine percent year over year — twice the rate of non-luxury prices — while the luxury home supply increased by 13 percent, a record spike, according to Redfin.

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.

If you’re looking for a snazzy new penthouse in Miami and your budget stretches to $55 million, you’re in luck because the sprawling penthouse at Residences at the Four Seasons Hotel at The Surf Club recently hit the market. The Surf Club Penthouse is the apex of a 12-story, all-glass tower overlooking the Atlantic Ocean and is located next-door to the iconic Surf Club, a social club founded in the 1930s and now operated by the Four Seasons. The almost 7,300-square-foot aerie encompasses the entire 11th and 12th floors of the residential tower and has a private rooftop with 270-degree views overlooking the endless horizon and Miami’s ever-evolving skyline.