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1105 Belle Meade Isle Drive...

Rare Off-Market Waterfront SFR Sold In Miami's Belle Meade Island For $3.1M
SOLDSingle Family Residence

Rare Off-Market Waterfront SFR Sold In Miami's Belle Meade Island For $3.1M

1105 Belle Meade Isle Drive, Miami, Florida 33138, United States

$3,100,000

$250/SF

Building Size

12,375 SF

Asset Type

Single Family Residence

Closing

Feb 24, 2022

AI

A waterfront single-family residence located at 1105 Belle Meade Island Dr in Miami has been sold in an off-market transaction. The property, spanning 12,375 square feet, is situated in the exclusive double guard-gated community of Belle Meade Island. The sale was facilitated by Juliet Silver of One Sotheby's International Realty, who represented both the buyer and the seller.

Summary of transaction details

  • Property Type: Single-Family Residence
  • Transaction Amount: $3,100,000
  • Address: 1105 Belle Meade Island Dr
  • Market: Miami
  • Square Footage: 12,375
  • Price per Square Foot: $250
  • Broker: Juliet Silver - One Sotheby's International Realty

This off-market sale presents a rare opportunity to acquire a waterfront property in the esteemed Belle Meade Island community. For more information on off-market land opportunities in Miami, interested parties can contact Juliet Silver at 650-465-5208 or email [email protected].

Players

Juliet Silver

Sotheby's International Realty

Broker

$11.4M

vol

3 deals

Broker

Miami 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

5.12%

Cash-on-Cash

-1.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93