Sam Logan Acquires Waterfront Mansion In Miami's Belle Meade From Mohammed Hussain For $22.1M
905 Belle Meade Island Drive
$22,100,000
$2,210/SF
Building Size
10,000 SF
Asset Type
Single Family
Closing
Nov 20, 2025
AI
A single-family property located at 905 Belle Meade Island Drive in Miami, consisting of 0.4 acres, has been sold. The asset spans 10,000 square feet and was sold for $22,100,000, resulting in a price per square foot of $2,210. This transaction marks a significant milestone in the Belle Meade neighborhood, as it sets a new record for the area.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $22,100,000
- Address: 905 Belle Meade Island Drive
- Market: Miami
- Square Footage: 10,000
- Acres: 0.4
- Previous High Sale: $17,800,000
- Buyer: Sam Logan
- Seller: Mohammed Hussain
Sam Logan, known for his association with Siesta Key reality television and belonging to a billionaire family, completed the purchase from developer Mohammed Hussain. The acquisition is notable for surpassing the previous high sale price within the neighborhood, indicating the buyer's significant investment in the area.
Players
Miami 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
0.72%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93