Mortgage lending chief sells Venetian Islands lot for $10M
Sellers bought property for $6.8M in 2021
A mortgage lending chief sold a waterfront Venetian Islands lot for $9.5 million, two years after buying it for $6.8 million.
Records show Moses David Silverman and Sandra Silverman sold the property at 1330 South Venetian Way on San Marco Island in Miami to Pompea Mountain Trust, with James A. Liburdi signing as trustee.
Dina Goldentayer of Douglas Elliman and Evan Weiss of 305 Degrees Realty had the listing, and Ally Russell of Keller Williams brought the buyer. Goldentayer declined to comment on the deal.
Liburdi is based in the Tampa area, the deed and public records show. He is a businessman, with several LLC’s registered in his name, records show.
Moses David Silverman, who goes by David, is CEO of NFM Lending, a Linthicum, Maryland-based mortgage lender with $310.9 million in annual revenue, according to ZoomInfo. David and Sandra Silverman founded the firm together in 1998, his LinkedIn shows.
In 2016, the couple bought the 3,600-square-foot house at 4515 North Michigan Avenue in Miami Beach for $3 million, according to property records.
The Silvermans bought the Venetian Islands lot for $6.8 million in 2021, a year after they bought the adjacent lot at 1350 South Venetian Way for $6.3 million, records show. Each lot is 0.3 acres, with 70 feet of waterfront.
The couple first listed the lot at 1350 South Venetian Way for $12.3 million in September, and listed the 1330 South Venetian Way property for $11 million earlier this month, Redfin shows. Redfin shows the adjacent 1350 South Venetian Way property has a sale pending.
Luxury buyers have coveted properties on the Venetian Islands since the pandemic-fueled real estate boom took off in South Florida, pushing up prices for homes and buildable lots.
In January, Bahamian casino mogul Sebastian Bastian sold his waterfront Venetian Islands home for $28.3 million. Cybersecurity CEO Lane Bess bought a renovated waterfront house on the Venetian Islands for $26 million in December. In November, the estate of the late founder of Topshop, Sir Ralph Halpern, sold the fashion magnate’s waterfront Venetian Islands home for $15 million.