Daniel Nadler, founder of the Google-backed medical AI company OpenEvidence, has purchased a $38.2 million triplex penthouse at the Surf Club, Four Seasons Private Residences in Surfside, Florida, marking his first real-estate acquisition in the US.
The deal closed off-market, with Nadler paying cash for the fully furnished, oceanfront residence, according to the Wall Street Journal.
The roughly 6,000-square-foot home includes five bedrooms, some 2,000 square feet of terrace space and a rooftop deck with an infinity-edge pool overlooking the Atlantic.
“It actually just feels almost like one of those Venetian palazzos, but in the sky,” Nadler told the Journal.
The seller, an entity tied to Claire and Anthony Florence, had acquired the property for $29.35 million in 2022, according to public records. They could not be reached for comment.
Ximena Penuela of Fort Realty handled both sides of the transaction.
Nadler, 42, moved to Miami earlier this year and had been staying at the adjoining Four Seasons Hotel, which made its heralded opening there less than a decade ago.
“I didn’t want the overhead of dealing with houses and all of the stuff that comes with houses,” he said. “If I could wake up at 4 a.m. and just order room service — this is so perfect.”
The idea of living in a hotel, he added, was partly inspired by inventor Nikola Tesla, who spent his final years residing in a New York hotel.
“It sounds completely insane, but there’s precedent,” Nadler said.
The penthouse was not publicly listed when it caught his attention, but Nadler said he was eager to move quickly.
“I wanted to pounce on it,” he said, believing the property will appreciate substantially. “Whatever I paid, I think it will be double that in five years.”
As for negotiations, Nadler said there were none. “He said that’s what he wanted, and I said OK.”
Originally from Canada — as is the Four Seasons brand — Nadler co-founded Kensho Technologies, which sold for $550 million in 2018. His current venture, OpenEvidence, is valued at $3.5 billion.
OpenEvidence was created to help physicians efficiently sort through a copious amount of medical research information.
Nadler said he was drawn to Florida’s pro-business climate and is bullish on the Miami market, which he believes will be reflected in future property values.