Financial tech exec scoops up condo at Surfside’s Fendi Château

4,660 sf condo traded hands for about $1,710 psf

Miami /
Jan.January 15, 2018 03:30 PM

Unit 706 at Fendi Château Residences and Jeffrey S. Sloan (Credit: Condoblackbook.com and Global Payments Inc.)

Financial technology executive Jeffrey S. Sloan and his wife Victoria just dropped $8 million for a condo at Fendi Château Residences in Surfside, property records show.

Jeffrey Sloan is CEO of the publicly traded financial technology company Global Payments, and is also chairman and president of the Electronic Transactions Association. He earned $8.2 million in fiscal 2016, according to Global Payments’ 2017 proxy filed in March with the Securities and Exchange Commission.

The Sloans new three-bedroom, 4,660-square-foot condo traded hands for about $1,710 per square foot. New York attorney Christian Curtis signed on behalf of the seller, Nassau, Bahamas-based Chateau Ocean Unit 706 LLC, managed by Kim Thompson and Dillian R. Dean. Records show the company paid $6.9 million, or about $1,400 per square foot, for the unit in 2016.

Shortly after buying the condo, the Bahamian financial executives listed it for $9.58 million, or nearly $2,000 a foot. The latest trade reflects a 16 percent discount off its original asking price.

The Château Group completed the 12-story, 58-unit building at 9365 Collins Avenue in September 2016. The beachfront development was designed by Arquitectonica and includes pools, a Jacuzzi, 12 private cabanas, a restaurant and bar, a fitness center and a spa, kids’ club, private theater, private dining room, wine cellar and Shabbat elevators.


Related Articles

arrow_forward_ios
Hussain Sajwani of Damac with Surfside (Wikipedia)
Damac to buy Surfside collapse site for $120M — no other bidders for property
Damac to buy Surfside collapse site for $120M — no other bidders for property
369 North Hibiscus Drive (Villazzo Realty, iStock) Buddhist, Mansion
Lawyer pays $14M for waterfront Hibiscus Island manse that hosted Tibetan Buddhist masters
Lawyer pays $14M for waterfront Hibiscus Island manse that hosted Tibetan Buddhist masters
A photo illustration of the letter unit owners of Champlain Towers South in Surfside sent to the court (Getty Images, iStock)
Surfside collapse unit owners ask court to up their $83M payout
Surfside collapse unit owners ask court to up their $83M payout
Michele and Kevin Segalla and Ilya Karpov with 320 Hibiscus Drive (LinkedIn, Craig Denis) Miami, Mansions
Mobile gaming tycoon, investment manager wife pay $29M for Hibiscus Island spec mansion
Mobile gaming tycoon, investment manager wife pay $29M for Hibiscus Island spec mansion
Surfside collapse site (Getty)
Surfside collapse lawsuit reaches nearly $1B settlement
Surfside collapse lawsuit reaches nearly $1B settlement
Douglas Elliman's Scott Gordon with 2770 South Ocean Boulevard (Douglas Elliman, Google Maps)
Auto dealership magnate Terry Taylor buys oceanfront Palm Beach condo
Auto dealership magnate Terry Taylor buys oceanfront Palm Beach condo
A photo illustration of the Four Seasons Residences at Biscane Bay (left), the Mansions at Acqualina (middle), and the 1 Hotel & Homes at Miami Beach (right) (Condo.com, iStock)
Here are Miami-Dade’s top condo sales in April
Here are Miami-Dade’s top condo sales in April
18 La Gorce Circle (The Jills Zeder Group/1 Oak Studios) Mansion, Miami
La Gorce Island compound in Miami Beach hits market for $170M
La Gorce Island compound in Miami Beach hits market for $170M
arrow_forward_ios

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

Loading...