Private equity head Thompson Dean listed a fully furnished penthouse at The Four Season Surf Club in the Miami area for $21.5 million on Friday.
Mr. Dean, managing partner and chief executive at New York-based firm Avista Capital Partners, stands to make more than $5 million in less than seven months, as he bought the unit in December from the developer for $15.9 million, according to property records. The lavish condo unit at the newly opened development in Surfside, Florida, hit the market with listing agents Liz Hogan and Karen Krotov of Compass.
Approximately 6,000 square feet, the unit sits at the southern corner of the building, providing expansive views east, west and south, Ms. Hogan said, adding that it benefits from being in the residential-only southern tower.
“The north tower has the hotel and gets to be a little bit more transient,” she said. “This is definitely the more private of the buildings.”
The investor hired interior designer Alexis Banks Humiston of ABH Interiors to decorate the four-bedroom, six-and-a-half-bathroom penthouse.
She complemented the panoramic views over the turquoise Atlantic waters with a cool and neutral color palette, including blue crushed velvet couches, in one of two living rooms, and oriented the second living space toward sweeping views of the barrier island, images of the home show.
Part of the renovations included opening the kitchen out to the ocean views, one of the only such configurations in the building, Ms. Hogan said. He also converted an entire bedroom into one of the master closets, which Ms. Hogan called “ginormous.”
Other features include pale hardwood floors, a dark, richly decorated media room and custom furniture, according to the listing.
It also includes smart home technology, such as speakers and subwoofers, an integrated TV system, as well as motorized shades and curtains.
The Surf Club residences fill two Richard Meier-designed towers that flank a Four Seasons Hotel. Residents have access to hotel services and amenities.
This is one of several luxury condos Mr. Dean has snapped in recent years. He also owns a unit down the road at Surfside’s Chateau Ocean and is selling a four-bedroom penthouse in Bal Harbour, Florida, for $3.6 million, property records show.
Mr. Dean did not immediately return an email requesting a comment.
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