A Florida real estate agent-linked entity sold a Four Seasons home in Surf Club Apartments for $22.8 million, representing a price increase of $13.5 million, or 145%, in six years.
Nikki Investment Corporation, managed by Francesca Halpryn, sold unit N-521, North Building, 9111 Collins Avenue, Surfside, to SP Land Trust with Simon Levin acting as trustee, records show. The actual buyer is unknown.
Halpryn is a broker with One Sotheby’s International Realty and the wife of investor Glenn Halpryn. Records show he has ties to various Florida companies that have been active in South Florida over the years.
Francesca Halpryn’s entity acquired the Surf Club Four Seasons unit for $9.3 million in 2017, the same year the building was completed by Miami developer Fort Partners. Records show the 4,000-square-foot apartment has four bedrooms, five and half bathrooms.
Surf Club Four Seasons is led by Fort Partners CEO Nadim Ashi and includes a 72-room hotel, two 12-story apartment buildings and a private club. The property also includes four swimming pools, two restaurants, a gym and a waterfront garden. It was designed by Pritzker Prize-winning architects Richard Meier of New York and Kirby Karp of Miami.
In 2012, Fort Partners spent $116 million on the nine-acre development that is home to tire magnate Harvey Firestone’s private beach club founded in 1930. Guests of the original Surf Club included Winston Churchill, Frank Sinatra and Elizabeth Taylor.
When the redeveloped Surf Club condominiums were completed in 2017, Ashi claimed the Fort Partners building had achieved $1 billion in sales. Since its opening, it has attracted many well-known buyers.
In May, former Bottega Veneta creative director Tomas Maier and his husband, Andrew Preston, bought a condo for $13 million. In December, retail tycoon Michael George sold his condo for $21 million, up from the $8.9 million he bought it in 2018. Last July, a penthouse in the building sold for $29.4 million to an LLC with an East Hampton mailing address.
Other buyers over the years have included “Wonder Woman” actress Lynda Carter, billionaire real estate and casino mogul Neil Bloom, former Miami Heat head coach Pat Riley and car dealer Alan Carter. Potamkin.
