A high-floor condo at the Four Seasons Residences at the Surf Club in Surfside has quietly gone under contract after hitting the market this month with a $31.5 million asking price. The residence, just one tier below the penthouse line, last traded in summer 2025 for roughly $18.35 million, setting up a potential paper gain north of 70 percent if the contract closes near ask. The pending deal is the latest signal that trophy properties on Collins Avenue are still moving even as the summer market starts to cool.
According to The Real Deal, the contract is for unit S-1003 in the south tower at 9001 Collins Avenue. Marketing materials describe a flow-through, four-bedroom layout with five full bathrooms and a powder room across about 4,640 square feet. That puts the asking price near $6,800 per square foot. The unit was listed by Compass agent Bryan Halda.
Redfin's public listing page shows the condo was relisted in early June with the $31.5 million ask. County sale records cited on the site show a July 25, 2025 closing at roughly $18.35 million. That deal, recorded under an LLC in the MLS history, is the benchmark for the more-than-70 percent uplift the sellers are now targeting.
Flip Math And Market Context
The spread between the 2025 purchase price and the current ask works out to a hefty premium, well over 70 percent on paper, and illustrates how sellers of hotel-branded, turnkey product are trying to capitalize on post-pandemic demand. Industry reporting, drawing on Douglas Elliman's Eklund‑Gomes weekly roundup, notes that the number of luxury contracts slipped in the most recent week, even as overall dollar volume and sky-high asking prices remain clustered around a few headline-grabbing listings. As detailed by The Real Deal, the Eklund‑Gomes update tracked nine luxury contracts in Miami‑Dade for the week and kept the Surf Club deal near the top of the board.
Why Buyers Keep Circling Collins Avenue
Market roundups show the Surf Club continues to draw deep-pocketed buyers who value Four Seasons service, direct ocean frontage and the building's high-profile design pedigree. A late-May corner resale at the Surf Club closed for roughly $27.3 million, according to a market summary from Miami Business Magazine, and broader coverage of May transactions placed multiple Surf Club deals among the county's largest closings. A Homes.com market roundup also pointed to several oceanfront closings that helped fill out May's top-sales lists, underscoring appetite for turnkey, branded residences along the sand.
The contract on S-1003 still has to clear the usual hurdles, including inspections, any financing contingencies and final paperwork, so the $31.5 million figure will not be official until a new deed hits county records. For now, the pending Surf Club sale serves as a pointed reminder that well-positioned, hotel-backed units on Collins Avenue can still command aggressive pricing in South Florida's ultra-luxury segment.
