Aerial of Edgewater property with Spider’s Alejandro Eskenazi and Andres Goldenberg (Apex Capital Realty)
Spider sold an assemblage in Miami’s Edgewater neighborhood for $7.25 million, after scrapping plans to build a 12-story condominium.
Spider, led by Andres Goldenberg and Alejandro Eskenazi, sold the 28,000-square-foot site to Edgewater investor Jehad Audy, according to a press release.
The two lots are at 113 and 123 Northeast 25th Street, and include a 1926-built house on the second property. Spider had planned to build the 93-unit condo 25 on the site.
Real estate investor Spider, with offices in Miami as well as throughout South America and in Mexico, bought the property in August 2015 for $4.3 million.