Ocean club

Magid and Linda Abraham pay $14 million for Turnberry Ocean Club Condo

Magid and Linda Abraham (LinkedIn, Turnberry)

Trusts tied to a data science veteran duo have bought a condo at Jeffrey Soffer’s Turnberry Ocean Club in Sunny Isles Beach for $14.3 million.

Property records show that Magid M. Abraham and his wife, Linda B. Abraham, used trusts in their names to purchase Unit 4301 at 18501 Collins Avenue from the developer.

The Abrahams co-founded Comscore, a media measurement and analytics company based in Reston, Va., in 1999. Magid Abraham served as CEO for 14 years and took Comscore public in 2007, according to his biography on the website. Stanford University. He is originally from Lebanon and studied at MIT Sloan School of Management and Ecole Polytechnique in Paris.

He and his wife left Comscore in 2014. Linda Abraham is a board member of Beachwood, Ohio-based real estate investment firm SITE Centers, according to her LinkedIn profile.

Property records show the Sunny Isles Beach condo spans 5,968 square feet. Room and bathroom information is not listed.

The 54-story, 154-unit Turnberry Ocean Club was developed by Soffer’s Fontainebleau Development. Closures began in 2020. The developer received $460 million in refinancing from JP Morgan Chase and Mack Real Estate Credit Strategies in 2019.

The tower includes 70,000 square feet of amenities over six floors, a sky club with two pools and two spas, a fitness and spa level, and a dining level. Units range from 2,750 square feet to 10,000 square feet, with three- to six-bedroom floor plans that span two and three levels.

Last year, Nick Woodhouse, president of Authentic Brands Group, and his wife, Jocelyne, purchased a Turnberry Ocean Club condo for $5.2 million. And Laurie Stark, co-owner of designer brand Chrome Hearts, paid $6.5 million for one unit.

In 2020, an Argentinian politician paid $11.9 million for two development units.