Barry Brodsky’s Brodson Construction paid $5.3 million for a waterfront Sunset Islands lot with plans to build a spec home.

Brodson Construction bought the land at 1630 West 21st Street in Miami Beach from Kenneth J. Kerr. Brodson Construction plans to demolish the current home, according to the brokers involved in the sale.

Allan Kleer and Fabian Garcia-Diaz of One Sotheby’s International Realty brokered the sale. According to Kleer, the 0.33-acre property was on the market for five years before being sold. The property was first listed in 2015 for $9 million and was most recently asking $7 million as of June, according to

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