Thalía and Tommy Mottola flip Surf Club condo for $10M

They bought the unit for $8M in May

Miami /
Apr.April 02, 2021 04:30 PM
Tommy and Thalía Mottola and Four Seasons Residences at The Surf Club (Getty, Richard Meier & Partners Architects)

Tommy and Thalía Mottola and Four Seasons Residences at The Surf Club (Getty, Richard Meier & Partners Architects)

Music producer Tommy Mottola, and his wife, Mexican singer and actress Thalía, flipped their Surfside condo for $10.4 million, $2.4 million more than their purchase price less than a year ago.

Records show Mottola-led TNT Miami LLC sold unit S-307 at the Four Seasons Residences at The Surf Club to Richard Gold, a trustee of The South Fifth Residence Trust.

Mottola is chairman of Mottola Media Group and former chairman and CEO of Sony Music Entertainment.

Mottola and Thalía, whose real name is Ariadna S. Miranda, bought the 3,948-square-foot unit at 9001 Collins Avenue in Surfside for $8 million, or $2,026 per square foot, in May. This time it sold for $2,634 per square foot.

The initial listing price was $12.5 million in mid-January, and was raised to $12.7 million a few days later. A month earlier, Mary Anne Shula, widow of the late Miami Dolphins head coach Don Shula, was able to sell her Surf Club unit for $11.6 million.

Ximena Penuela with Fort Realty represented both sides in the recent sale.

The Four Seasons Residences at The Surf Club unit has four bedrooms and five-and-a-half bathrooms.

Thalía is referred to as the “Queen of Latin Pop,” and has sold 25 million records worldwide, according to La Nación. Mottola has worked with artists such as Carly Simon, John Mellencamp, Mariah Carey (his former wife), Celine Dion, Gloria Estefan, Ricky Martin, Shakira, Jennifer Lopez and Marc Anthony.

Also this year at the Surf Club, the co-managing partner of a private equity firm sold his condo in for $12.4 million.






    Related Articles

    arrow_forward_ios
    Novak Djokovic with the unit (Eighty Seven Park unit photo via Lenny Kagan, Djokovic via Getty)
    Novak Djokovic sells Miami Beach condo for modest profit
    Novak Djokovic sells Miami Beach condo for modest profit
     Adam Neumann (Getty, Bal Harbour Florida)
    Ex-WeWork CEO Adam Neumann inks $44M deal for Bal Harbour properties
    Ex-WeWork CEO Adam Neumann inks $44M deal for Bal Harbour properties
    Greg Norman and Tommy Hilfiger (Getty, iStock)
    Buy this, sell that: South Florida luxury homeowners reshuffle during resi boom
    Buy this, sell that: South Florida luxury homeowners reshuffle during resi boom
    Tommy and Dee Olceppo Hilfiger with 313 Dunbar Road (Getty, Google Maps)
    Tommy Hilfiger drops $21M for waterfront Palm Beach home
    Tommy Hilfiger drops $21M for waterfront Palm Beach home
    Alex Sapir and Giovanni Fasciano with Arte by Antonio Citterio in Surfside (Photos via Arte by Antonio Citterio/PR Newswire)
    Miami penthouse sets cryptocurrency sale record: $22.5M
    Miami penthouse sets cryptocurrency sale record: $22.5M
    Dwyane Wade and Gabrielle Union with 5980 North Bay Road. (Getty, Brett Harris Homes)
    Dwyane Wade, Gabrielle Union sell waterfront Miami Beach estate for $22M
    Dwyane Wade, Gabrielle Union sell waterfront Miami Beach estate for $22M
    Lynda Carter and the Four Seasons Residences at The Surf Club (Getty, Four Season)
    “Wonder Woman” Lynda Carter drops $15M on Surf Club Four Seasons condo
    “Wonder Woman” Lynda Carter drops $15M on Surf Club Four Seasons condo
    (Google Maps, Arte Surfside)
    Weekly condo sales flat while sales volume falls in last week of May
    Weekly condo sales flat while sales volume falls in last week of May
    arrow_forward_ios

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

    Loading...