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845 East Dilido Drive

Jacob Siewert Of Iconiq Capital Purchases Waterfront Mansion From Michael Parker For $35 Million
SOLDSingle Family

Jacob Siewert Of Iconiq Capital Purchases Waterfront Mansion From Michael Parker For $35 Million

845 East Dilido Drive

$35,000,000

$6,936/SF

Building Size

5,046 SF

Asset Type

Single Family

Closing

May 8, 2026

AI

A single-family waterfront mansion located at 845 East Dilido Drive in Miami Beach, FL, has been sold for $35 million. The property spans 5,046 square feet, resulting in a price per square foot of $6,936.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $35,000,000
  • Address: 845 East Dilido Drive
  • Market: Miami Beach, FL
  • Square Footage: 5,046
  • Price Per Square Foot: $6,936
  • Buyer: Jacob Siewert - Iconiq Capital
  • Seller: Michael Parker - NationsBenefits

This transaction highlights Michael Parker, co-CEO of NationsBenefits, who sold the property shortly after acquiring it, achieving a 79% gain. The buyer, Jacob Siewert, is associated with the 845 East Dilido Property Trust, indicating ongoing investor interest in luxury waterfront homes in Miami Beach.

Players

Jacob Siewert

Iconiq Capital

Buyer

$35M

vol

1 deal

Buyer

Michael Parker

NationsBenefits

Seller

$35M

vol

1 deal

Seller

Bonifay Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.45%

Cash-on-Cash

-0.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93