Walton Street’s Neil Bluhm buys $20M South Florida penthouse condo

His Surf Club Miami Penthouse LLC paid $20M for nearly 7K sf unit in September

Four Seasons Residences at The Surf Club and Neil Bluhm
Four Seasons Residences at The Surf Club and Neil Bluhm

Billionaire real estate and casino tycoon Neil Bluhm has been revealed as the owner of a penthouse at the Four Seasons Residences at The Surf Club in Surfside, Florida.

Bluhm took out a $10 million mortgage on Penthouse 5 at the luxury condo and hotel development, according to property records. Bank of America is the lender.

The Chicago real estate mogul owns a number of trophy properties in the Windy City, including the 900 North Michigan skyscraper. He co-founded JMB Realty and is a managing director of Walton Street Capital, a private equity real estate investment firm based at 900 North Michigan.

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Bluhm’s Surf Club Miami Penthouse LLC paid $20.4 million for the four-bedroom, 6,671-square-foot unit in Surfside in September.

Fort Partners, led by Nadim Ashi, completed the luxury beachfront development last year. It includes a 72-room hotel, a Le Sirenuse restaurant and a Thomas Keller restaurant. Pritzker Prize-winning architect Richard Meier — earlier this year accused of sexual harassment — and Kobi Karp designed the Surfside project, restoring the original Henry Firestone Club.

Theory co-founder and CEO Andrew Rosen and South Florida auto dealer Alan Potamkin are among Bluhm’s neighbors in the Four Seasons-branded complex.