NY developer buys Surf Club condo

Howard and Michelle Swarzman paid $10.25M for Four Seasons unit

Miami /
Nov.November 28, 2017 11:15 AM

Surf Club Four Seasons and Howard Swarzman

New York real estate developer Howard Swarzman and his wife, Michelle, paid $10.25 million for a condo in Surfside, property records show.

The Swarzmans closed on unit 621 in the north tower of the Four Seasons Private Residences at The Surf Club, which was completed earlier this year. Their MSHS Surf Club LLC financed the deal with a $4.35 million mortgage.

Howard Swarzman is a grandson of the late Leonard Litwin, a billionaire developer and head of Glenwood Management. Swarzman and his wife are also philanthropists.

At the Four Seasons, the Swarzmans join other buyers, including Albert “Aldo” Bensadoun, the billionaire Montreal-based founder of the Aldo retail shoe empire, a former Esquire publisher, telecommunications tycoon Rajendra Singh and former Publix Super Markets CEO Charles Jenkins Jr.

Fort Partners developed the project, which includes a 77-room hotel and two 12-story residential towers. Units range from $3.7 million to $31 million, and from 1,800 square feet to more than 7,000 square feet.

The Surf Club development features a private club, two restaurants, four swimming pools, cabanas, a gym and oceanside gardens. It was designed by Pritzker Prize-winning architect Richard Meier with Kobi Karp.


Related Articles

arrow_forward_ios
Unit 6A at 3315 Collins Avenue with Arvind Sanger (Redfin, PrathamUSA)
Hedge funders make a deal: Faena House condo trades for $15.5M
Hedge funders make a deal: Faena House condo trades for $15.5M
Hassan Whiteside and 528 Lakeview Court in Miami Beach (Getty, Joe Azar/Compass)
NBA’s Hassan Whiteside lists Miami home for $23M, triple what he paid for it
NBA’s Hassan Whiteside lists Miami home for $23M, triple what he paid for it
6800 fisher Island Drive (Zillow, iStock)
$30M Fisher Island closing tops Miami-Dade’s weekly condo sales
$30M Fisher Island closing tops Miami-Dade’s weekly condo sales
Surf Club Four Seasons (Condo)
$14M Surf Club Four Seasons closing tops Miami-Dade’s weekly condo sales
$14M Surf Club Four Seasons closing tops Miami-Dade’s weekly condo sales
(ONE Sotheby's Realty)
Former mayor George “Bud” Scholl’s waterfront home hits market for $13.9M
Former mayor George “Bud” Scholl’s waterfront home hits market for $13.9M
Home prices notched record-shattering growth in 2021, but slowdown is likely
Home prices notched record-shattering growth in 2021, but slowdown is likely
Home prices notched record-shattering growth in 2021, but slowdown is likely
6315 11th Ave Gulfport (iStock, Heckler Realty Group, Illustration by Shea Monahan for the Real Deal)
Tampa-area home billed as first in US to be sold as an NFT
Tampa-area home billed as first in US to be sold as an NFT
From left: 1840 South Ocean Boulevard, 1341 South Ocean Boulevard and 2000 South Ocean Boulevard
These were South Florida’s largest resi sales of 2021
These were South Florida’s largest resi sales of 2021
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...