A four-bedroom condominium at the Four Seasons Residences at the Surf Club in Surfside closed at $19 million on or before August 10, 2026, making it the highest residential sale recorded in South Florida for that week at $4,800 per square foot.
Who sold the Surfside Four Seasons unit and for how much?
A trust connected to Richard Gold sold the 4,000-square-foot unit at 9001 Collins Avenue, Surfside, to a limited liability company managed by a private aviation executive and an accountant, netting $19 million — nearly double what the trust paid five years prior.
- Gold's trust originally acquired the unit in 2021 for $10.4 million.
- The 2026 sale price of $19 million represents an increase of roughly $8.6 million over the 2021 purchase price.
- At $4,800 per square foot, the deal ranks among the most expensive per-square-foot residential closings in the coastal Miami Beach and Surfside corridor.
What does the $19 million sale price reveal about the luxury market?
The transaction signals that ultra-luxury demand along the coastal Miami Beach and Surfside corridor remains exceptionally strong heading into the second half of 2026, with buyers willing to pay significant premiums over already-elevated purchase prices set just five years ago.
- The Four Seasons Residences at the Surf Club sits at 9001 Collins Avenue, one of the most sought-after addresses on the Atlantic coast between Miami Beach and Bal Harbour.
- Buyers in the deal are represented by an LLC rather than individuals, a common structure in high-net-worth real estate transactions that offers privacy and potential tax advantages.
- The per-square-foot price of $4,800 places this closing well above most luxury benchmarks in the broader Miami-Dade County market.
Why does this sale matter for the broader Miami Beach real estate picture?
The closing reinforces a pattern of sustained appreciation in oceanfront Surfside and Miami Beach condominiums, where inventory at the ultra-luxury tier remains constrained even as new branded residences continue to attract global buyers.
- Supply of trophy units in branded buildings such as the Four Seasons Surf Club is limited by the finite number of residences developed in the original project.
- Buyers from the private aviation and financial sectors have become increasingly prominent in South Florida's top-tier transactions.
- The 82 percent appreciation from the 2021 purchase price to the August 2026 sale underscores how rapidly values have compounded in this segment.
Original reporting by The Real Deal Miami, published August 11, 2026.