$30.3M Surf Club Flip in Surfside Hits $7,143 a Foot
Unit S-1003 traded all-cash for nearly triple the price per foot of other Miami-Dade luxury condo contracts signed the same week.
An anonymous owner flipped a condo at the Four Seasons Residences at The Surf Club in Surfside for $30.3 million, or roughly $7,143 per square foot, after buying the same unit for $18.4 million in July 2025. The all-cash deal closed with a 65 percent gain, about $11.9 million, in just over a year.
Why it matters
For agents working Miami-Dade’s ultra-luxury tier, this is a live read on how much pricing power sellers still hold above the $20 million mark along the South Florida coastline. Unit S-1003 had been asking $31.5 million under a signed contract in mid-August before closing lower at $30.3 million, yet the final price per square foot still outran every comparable listing at the property this year. Brokers pitching new inventory in Surfside and neighboring Bal Harbour towers now have a fresh, closed comp instead of an asking price to point to when buyers push back on nine-figure-adjacent pricing. Read more from our South Florida market coverage.
The numbers
The unit sold for $30.3 million, about $7,143 a square foot, against an $18.4 million purchase price in July 2025, a 65 percent gain worth roughly $11.9 million in just over 12 months. The same week the deal topped Miami-Dade’s signed-contract activity, six other luxury condo contracts across the county averaged $11.5 million, or $2,500 per square foot, meaning this sale closed at nearly triple the going rate for the broader ultra-luxury market that week.
What’s next
For developers pricing new ultra-luxury condo product in Surfside and along the barrier island, the sale sets a fresh per-square-foot ceiling that brokers will cite in comps, but it is one data point tied to a scarce, branded address rather than proof of a broader repricing. Whether other Surf Club or Four Seasons-branded resales follow at similar premiums, or this stands as a one-off owner markup, will tell agents and developers whether Miami-Dade’s top tier can actually hold $7,000-plus-a-foot pricing at volume.
On the record
What we checked ourselves, and where you can check it too.
- Public recordThe six other Miami-Dade luxury condo contracts signed the same week the Surf Club unit topped the list averaged $11.5 million, or $2,500 per square foot, roughly a third of the flip's $7,143-per-foot close.View the record on therealdeal.com