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Delaware entity linked to health care mogul Frederick Howe acquired two units in Seaway at the Surf Club, a newly completed oceanfront condo project, for $31.1 million. The buyer, Surfclub 701 LLC, purchased units 701 and 305 from Nadim Ashi's Fort Partners at 9149 Collins Avenue. Records show the mailing address listed on the deed is MedImpact Healthcare Systems' San Diego headquarters, where Howe serves as chairman and CEO of the largest independent pharmacy benefits manager in the country.

    Howe paid $30.4 million for the nearly 8,400-square-foot unit 701 and $770,000 for the 311-square-foot unit 305. Smaller units are gaining popularity in South Florida's luxury condo projects, often getting snapped up early in sales processes. Fort Partners completed Seaway, an 11-story, 34-unit building designed by Joseph Dirand with landscaping by Peter Wirtz, earlier this year.

    Residents of Seaway have access to amenities at Surf Club Four Seasons, including a private club and Thomas Keller restaurant. Other notable buyers include Belinda Stronach, CEO of Stonach Group, who purchased a condo for $14.6 million, and David Foley, senior managing director for Blackstone's private equity group, who bought a 7,000-square-foot unit for $24.5 million.

    Nadim Ashi is developing another luxury condo project adjacent to Surf Club Four Seasons, the 17-unit Surf House at 8955 Collins Avenue, which Fort Partners acquired for $60 million in April.