Updated Sep 25, 2025
Jackson Keddell of Douglas Elliman Represents Buyer & Seller in $5.65M Sale of 1820 Daytonia Road
1820 Daytonia Road
$5,650,000
$1,973/SF
Building Size
2,863 SF
Asset Type
Single Family Residence
Closing
Sep 14, 2025
About this deal
AI
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.
On the Map
$5,650,000
$1,973/SF
Single Family Residence
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Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.81%
Cash-on-Cash
-0.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93