Enterprise capitalist Kareem Zaki and his spouse Raquel Zaki purchased the waterfront Miami Seaside home of Edmond and Robin Leidesdorf for $26.8 million. It marks the most recent expensive sale in South Florida actual property’s busy season.
Data present the Leidesdorfs bought the home at 1350 West twenty ninth Road to the Zaki’s Agape Sundown Land Belief, with Carolina Waldrop signing. The Zakis financed the acquisition with an $18.8 million mortgage from Financial institution of America, information present.
Michael Leduc and Mirce Curkoski of One Sotheby’s Worldwide Realty had the itemizing, and Curkoski and fellow One Sotheby’s agent George Burns introduced the customer.
Kareem Zaki is a enterprise capitalist and a accomplice at New York-based Thrive Capital, and has investments in Affirm, Robinhood, Stripe, and different tech corporations, his LinkedIn reveals. The Zakis have high-profile pals: in 2019 they attended the Wyoming wedding ceremony of Josh Kushner and Karlie Kloss, in keeping with Every day Mail.
Edmond Leidesdorf is the grandson of Samuel D. Leidesdorf, who was Albert Einstein’s accountant and the founding father of S. D. Leidesdorf & Firm, a pioneering early accounting agency. Samuel D. Leidesdorf was additionally a distinguished philanthropist in New York Metropolis within the twentieth century, together with to New York College Medical Heart, in keeping with the New York Occasions. Leidesdorf’s eponymous agency merged with Ernst & Younger in 1978, which is at this time often known as EY and is likely one of the Huge 4 accounting corporations within the U.S.
Edmond and Robin Leidesdorf purchased the Miami Seaside dwelling in 2003 for $3.3 million, property information present. The 7,400-square-foot home was constructed on 0.6 acres in 1934, in keeping with information. The house has 10 bedrooms, seven loos, a visitor home, workers quarters, a pool, 325 ft of waterfront and a dock with capability for a 100-foot yacht, the itemizing and information present.
The house hit the marketplace for $34.5 million in August, in keeping with Redfin.
It’s near Sundown Island I and North Bay Street, which has been a hub of luxurious gross sales in current months. Earlier this month, spec developer Todd Glaser and his companions went into contract on a 2.3-acre property for $105 million. He plans to both flip the property for between $150 million and $175 million, or redevelop it right into a spec mansion that might be listed for $250 million.
Additionally this month, a 0.7-acre North Bay Street teardown bought for $25.5 million. On close by Allison Island, Karlton Firms bought a waterfront spec mansion for a report $31.5 million.
