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Miami Herald
Miami Herald
National
Jay Weaver

Surfside land sale now official. What’s next for the oceanfront property where 98 died?

Hussain Sajwani Surfside Ocean Donald Trump Damac Miami Michael Goldberg South Florida

MIAMI — When a 12-story Surfside condominium tower tumbled down last year — killing 98 people in a calamity that made headlines worldwide — South Florida developers kept their distance, choosing not to make an offer for the tragically stained oceanfront property.

Instead, thousands of miles away, a billionaire Middle Eastern developer pledged to pay $120 million for the roughly two-acre site where the Champlain Towers South once stood overlooking the Atlantic Ocean.

This past week, as the lone bidder, Dubai-based DAMAC Properties Inc. made the land purchase official. In a quiet closing, DAMAC took control of the valuable property 13 months after the building collapsed on June 24, 2021.

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