Updated Oct 21, 2026
Michael Krieger Of MRK Hotel Collection Sells Miami Beach Mansion For $27.9M
34 West Di Lido Drive
$27,900,000
$5,166/SF
Building Size
5,400 SF
Asset Type
Single Family
Closing
Oct 20, 2026
About this deal
AI
The property asset involved in this transaction is a single-family home located at 34 West Di Lido Drive in Miami Beach, FL. The asking price for the mansion is $27.9 million, with a total square footage of 5,400. The asset spans approximately 0.3 acres and features 110 feet of waterfront, complemented by a guest house, koi ponds, and a dock that accommodates a 90-foot yacht.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $27,900,000
- Location: 34 West Di Lido Drive, Miami Beach, FL
- Asset Size: 5,400 SF
- Price Per Square Foot: $5,167
- Seller: Michael Krieger - MRK Hotel Collection
- Brokers: Jason Zarco & Esther Percal - BHHS EWM Realty
- Transaction Date: 10/20/2026
Michael Krieger, the co-founder and CEO of MRK Hotel Collection, is responsible for the listing of this property. The brokers facilitating the transaction are Jason Zarco and Esther Percal, representing the seller in this contract agreement.
On the Map
$27,900,000
$5,166/SF
Single Family
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Players
Ladd Single Family Market Snapshot
Boundary boundary · Single Family · Undercontract transactions
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Deal FAQ
About $5.2K per square foot on a published $27.9M for 5,400 square feet (2026).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.57%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93