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A 6,000-square-foot, five-bedroom, ninth-floor condo in Surfside recently sold for $24 million. Sarah Paynter reports on the sale in The Wall Street Journal, writing:
Serial entrepreneur Ken Seiff has purchased a Miami-area condo for $24 million, according to people familiar with the deal.
The roughly 6,000-square-foot condo at the Surf Club Four Seasons in Surfside went on the market for $30 million in 2023, but was most recently asking $28 million, according to listing agent Jacqueline Feldman of ONE Sotheby’s International Realty.
The seller was the estate of the late Chicago philanthropist Marguerite Hark, who bought the condo for $22 million when the building was completed in 2017, according to property records. Hark died in 2022. Hark’s family couldn’t be reached for comment.
The five-bedroom condo sits on the ninth floor of the building’s south tower, Feldman said. It has floor-to-ceiling windows and large balconies with views of the Atlantic Ocean and Miami, she said. There is a media room, a great room and a living room with a wet bar.
Seiff couldn’t immediately be reached for comment. He founded the discount designer-brands retailer Bluefly and the golf apparel company Pivot Rules, and co-founded the office supplies company Poppin. He is now managing partner at two venture-capital firms specializing in blockchain and e-commerce, according to his LinkedIn profile.
In 2021, Seiff and his wife, Nikki Kule, the founder of an eponymous clothing line, bought a smaller condo in a neighboring building for $9 million, property records show. It is currently listed for sale, asking $15.9 million.
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