Updated Jul 9, 2025
Mark And Meredith Frisch Sell Oceanfront Home At 1725 Beach Avenue For $15.5M
1725 Beach Avenue
$15,500,000
$2,052/SF
Building Size
7,551 SF
Asset Type
Single Family
Closing
Jul 1, 2025
About this deal
AI
A single-family oceanfront home located at 1725 Beach Avenue in Atlantic Beach has been sold for $15,500,000. The property encompasses 7,551 square feet and sits on approximately 0.55 acres. This transaction marks a significant achievement in the market at a price per square foot of $2,053. The estate features luxury finishes, a carriage house, and a saltwater pool. Previously, it was purchased for $3.33 million in 2018 by sellers Mark and Meredith Frisch. The property was on the market for over 100 days before the sale was finalized.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $15,500,000
- Address: 1725 Beach Avenue
- Market: Atlantic Beach
- Acres: 0.55
- Square Feet: 7,551
- Price Per Square Foot: $2,053
- Seller: Mark & Meredith Frisch
- Buyer's Representative: Griffin Rapp - KST Group LLC
- Seller's Representatives: Jennifer Sexton & Wes Mock - Compass Florida
Griffin Rapp represented the buyers in this transaction, which involved a Florida couple acquiring the property. Jennifer Sexton and Wes Mock acted on behalf of the sellers, contributing to the successful closing of this high-value deal.
Players
Atlantic Beach Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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About $2.1K per square foot on a published $15.5M for 7,551 square feet (2025).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.02%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93