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Hedge funder buys Oceanfront Condo at Arte in Surfside for $13 Million

Published by The Real Deal South Florida, May 18, 2021 The co-founder of a New York-based hedge fund bought an Oceanfront Unit at Arte Surfside in the Town of Surfside, Florida for $13 million. Records show Emilio Bassini bought unit 401 from SC 8955 LLC, a Delaware corporation. Alex Sapir, who leads the development firm Sapir Corp., signed the deed for the selling entity. Bassini is the managing principal and co-founder of Bassini & Co., a hedge fund based in New York. He is also a board member of The Prostate Cancer Foundation, according to its website. The Condo sold for $2,497 per square foot. Miltiadis Kastanis of Douglas Elliman represented the seller, and Dina Goldentayer of the same brokerage represented the buyer. Property records show that the 4,788-square-foot unit has four bedrooms and four bathrooms. In December of 2020, the Penthouse at Arte Surfside sold for $33 Million. Ivanka Trump and Jared Kushner are renting a unit at Arte. Arte Surfside completed construction in 2020, it’s a luxury Boutique style Condo with a total of only 16 Residences and enjoys a prime Oceanfront location at 8955 Collins Avenue in the beautiful Town of Surfside, Florida, adjacent to Bal Harbour and only 2 Miles from Miami Beach. Arte Surfside was designed by Antonio Citterio and Patricia Viel with Kobi Karp Architecture & Interior Design. Residences at Arte Surfside occupy a full Floor or half Floor, with very spacious Floor plans, featuring floor-to-ceiling Impact Windows and Doors, Contemporary design, spacious Terraces, private Elevator entry, premium interior finishes, and beautiful direct Ocean views.

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Attorney sells oceanfront Delray Beach mansion for $34M

Charles H. Johnson, a U.S. military vet, sold the nearly 20K sf home for twice its purchase price in 2013 Published by The Real Deal South Florida October 22, 2021 An oceanfront Delray Beach mansion changed hands for a princely sum of $34 million, double the seller’s purchase price eight years ago. Records show Charles H. Johnson, a U.S. military veteran and estate lawyer, sold the nearly 20,000-square-foot home to a Delaware LLC that shares the same name as the property: 855 South Ocean Boulevard. Nick Malinosky of Douglas Elliman in Delray Beach represented both the buyer and seller. Built in 2008, the mansion last sold for $17 million in July 2013, records show. It was listed Oct. 4 for $35 million, according to Redfin. According to the listing, the 1.3-acre property has five bedrooms, eight full bathrooms and two half-bathrooms. This sale represents the latest in a series of high-priced real estate sales in the Delray Beach area. This month, a healthcare investor paid $17.2 million for a lakefront mansion west of Delray Beach, on the heels of selling his Highland Beach estate for more than $30 million. In August, New York Mets owner and billionaire hedge fund manager Steven Cohen paid $21.6 million for a waterfront mansion, also west of Delray Beach. And in July, Randal Perkins, the founder of AshBritt Environmental, a national disaster response and environmental services contractor, flipped a Delray Beach oceanfront mansion for $21.9 million.

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Shaq Scores a Buyer for His Massive Florida Mansion After Three Years

Shaquille O’Neal’s Windermere Florida, megamansion has sold for $11 million after more than three years on the market, several real estate agents and an array of price tags. That final sale price is solidly below the $16.5 million the home was most recently asking and a whopping 60% less than the $28 million ask that the 15-time NBA All-Star first tried to net for the property when he first hoisted it onto the market in 2018, listing records show. A deed for the sale on Friday had yet to hit public property records, and as such, Mansion Global could not determine the buyer of the home. The supersized 31,000-square-foot, Mediterranean-style mansion occupies a nearly 4-acre swath of the town’s exclusive Isleworth Golf and Country Club, and comes fitted with a full-sized NBA-certified basketball court, a 17-car showroom and a recording studio. “I was on floor duty when the call came in from an unrecognizable number. ‘This is Shaq, and I’m calling you to sell my home.’ I responded, ‘It’s about time you called me.’” listing agent Benjamin Hillman, of Premier Sotheby’s International Realty, said in a statement.

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