Jackson Keddell of Douglas Elliman Represents Buyer & Seller in $5.65M Sale of 1820 Daytonia Road
SOLD
$5,650,000
Florida
See Similar DealsSingle Family Residence2,863 SF
Sold 09/15/2025
SOLD
Jackson Keddell of Douglas Elliman Represents Buyer & Seller in $5.65M Sale of 1820 Daytonia Road
1820 Daytonia Road
See Similar DealsSingle Family Residence2,863 SF
Sold 09/15/2025
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,973
Total Square Footage:2,863 SF
Transaction Type:Sale
The asset involved in this transaction is a single-family home located at 1820 Daytonia Road in Miami Beach. The property was sold for $5,650,000, encompassing a total of 2,863 square feet, which translates to a price per square foot of $1,973.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $5,650,000
- Address: 1820 Daytonia Road
- Market: Miami Beach
- Square Footage: 2,863
- Price per Square Foot: $1,973
- Seller: Melvin & Corrine Wiesel
- Buyer & Seller's Representative: Jackson Keddell - Douglas Elliman
Jackson Keddell represented both the buyer and the seller in this transaction. The deal set a record sale price for land in the gated Biscayne Point area at $502 per square foot.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$301,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$20,073.27
Cash-on-Cash Return-1.27%
Monthly Debt Service$26,783.88
Annual Debt Service$321,406.59
Is there something missing? Send suggestions
