Seller's Agent in 2023
Nancy Batchelor
Compass Florida, LLC.
(786) 578-4122
15 in this area
411 Total Sales
1125 Belle Meade Island Dr Miami, FL 33138
Upper East Side North Neighborhood
6
Beds
8
Baths
8,222
Sq Ft
0.28
Acres
Highlights
- Property has ocean access
- Property Fronts a Bay or Harbor
- Heated In Ground Pool
- Private Dock
- Home Theater
- Sitting Area In Primary Bedroom
About This Home
As of September 2023Welcome to Villa Q - Located bayfront on the double gated Belle Meade Island, this 4-level new construction is a symbol of modern opulence. Built in 2022, this home integrates luxury and refined functionality with a 14-car garage, elevator, soundproof theater, infinity pool, summer kitchen, outdoor dining area, and 75’ of water frontage w/ dock. The open-concept second level raises the bar for living and entertaining, featuring expansive water views, Italian porcelain floors, wine cellar, custom built-ins and lighting, and 2 terraces. The third level has 4 bedrooms all with en-suite bathrooms and walk-in closets, 2 of which have built-in drop-down projector screens. The fourth floor opens to a roof terrace with stunning views of the bay and Miami. Welcome to your dream home in paradise.
Last Agent to Sell the Property
Compass Florida, LLC. Brokerage Phone: 305-903-2850 License #0416207 Listed on: 04/25/2022
Co-Listed By
Compass Florida, LLC. Brokerage Phone: 305-903-2850 License #0684026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $27,358
Year Built
- Built in 2022
Lot Details
- 0.28 Acre Lot
- 75 Ft Wide Lot
- Property Fronts a Bay or Harbor
- South Facing Home
- Property is zoned 0100
Parking
- 14 Car Garage
- Driveway
- On-Street Parking
- Open Parking
Property Views
- Bay
- Pool
Home Design
- Concrete Roof
Interior Spaces
- 8,222 Sq Ft Home
- Built-In Features
- Electric Shutters
- Great Room
- Family Room
- Open Floorplan
- Home Theater
- Wood Flooring
- High Impact Door
Kitchen
- Eat-In Kitchen
- Gas Range
- Microwave
- Ice Maker
- Dishwasher
- Cooking Island
Bedrooms and Bathrooms
- 6 Bedrooms
- Sitting Area In Primary Bedroom
- Primary Bedroom Upstairs
- Closet Cabinetry
- Walk-In Closet
- Bidet
- Dual Sinks
- Shower Only
Laundry
- Dryer
- Washer
Pool
- Heated In Ground Pool
- Outdoor Shower
Outdoor Features
- Property has ocean access
- Private Dock
- Balcony
- Exterior Lighting
- Outdoor Grill
Schools
- Miami Shores Elementary School
- Mann; Horace Middle School
- Miami Edison High School
Additional Features
- Accessible Elevator Installed
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 01-32-07-037-0260
Community Details
Overview
- Property has a Home Owners Association
- Belle Meade Island Subdivision
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 25, 2022
Closed on
Sep 27, 2023
Sold by
Ledezma Hugo M and Ledezma Nefmar
Bought by
Cruz Thomas M
Seller's Agent
Nancy Batchelor
Compass Florida, LLC.
Buyer's Agent
Minette Schwartz
Compass Florida, LLC.
List Price
$19,900,000
Sold Price
$17,750,000
Premium/Discount to List
-$2,150,000
-10.8%
Views
283
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,860,548
Avg. Annual Appreciation
-19.55%
Original Mortgage
$8,750,000
Interest Rate
7.09%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Feb 4, 2022
Sold by
1125 Bmi Properties Llc
Bought by
Ledezma Hugo M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,869,374
Interest Rate
3.55%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 21, 2020
Sold by
Ledezma Hugo
Bought by
1125 Bmi Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3%
Mortgage Type
Commercial
Purchase Details
Listed on
Jun 26, 2018
Closed on
Jul 31, 2018
Sold by
1125 Belle Meade Llc
Bought by
Ledezman Hugo
Seller's Agent
Jack Coden
Keller Williams Eagle Realty
Buyer's Agent
Joel Key
LoKation
List Price
$1,249,000
Sold Price
$1,170,000
Premium/Discount to List
-$79,000
-6.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.43%
Purchase Details
Listed on
Apr 19, 2013
Closed on
Jun 6, 2014
Sold by
Fabelo Joel and Fabelo Magdalena
Bought by
1125 Belle Meade Llc
Seller's Agent
Jack Coden
Keller Williams Eagle Realty
Buyer's Agent
Constantin Gorges
Compass Florida, LLC.
List Price
$1,395,000
Sold Price
$1,265,000
Premium/Discount to List
-$130,000
-9.32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.86%
Purchase Details
Closed on
Dec 23, 1997
Sold by
Cavallo Gregory
Bought by
Fabelo Joel and Fabelo Magdalena
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.26%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $17,750,000 | None Listed On Document | |
| Quit Claim Deed | -- | Espinoza Raul | |
| Warranty Deed | -- | Attorney | |
| Warranty Deed | $1,170,000 | Attorney | |
| Warranty Deed | $1,265,000 | Attorney | |
| Warranty Deed | $200,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $8,845,000 | New Conventional | |
| Closed | $8,750,000 | Seller Take Back | |
| Previous Owner | $650,000 | New Conventional | |
| Previous Owner | $2,869,374 | New Conventional | |
| Previous Owner | $800,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $1,000,000 | Commercial | |
| Previous Owner | $128,000 | Unknown | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $140,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/27/2023 09/27/23 | Sold | $17,750,000 | -6.1% | $2,159 / Sq Ft |
| 08/23/2023 08/23/23 | Pending | -- | -- | -- |
| 10/26/2022 10/26/22 | Price Changed | $18,900,000 | -5.0% | $2,299 / Sq Ft |
| 04/25/2022 04/25/22 | For Sale | $19,900,000 | +1600.9% | $2,420 / Sq Ft |
| 07/31/2018 07/31/18 | Sold | $1,170,000 | -6.3% | $536 / Sq Ft |
| 07/30/2018 07/30/18 | Pending | -- | -- | -- |
| 06/20/2018 06/20/18 | For Sale | $1,249,000 | -1.3% | $572 / Sq Ft |
| 06/06/2014 06/06/14 | Sold | $1,265,000 | -9.3% | $579 / Sq Ft |
| 04/11/2014 04/11/14 | Pending | -- | -- | -- |
| 11/07/2013 11/07/13 | For Sale | $1,395,000 | +10.3% | $639 / Sq Ft |
| 09/18/2013 09/18/13 | Off Market | $1,265,000 | -- | -- |
| 07/15/2013 07/15/13 | Price Changed | $1,395,000 | -6.7% | $639 / Sq Ft |
| 04/19/2013 04/19/13 | For Sale | $1,495,000 | -- | $685 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $303,080 | $14,836,528 | $2,908,125 | $11,928,403 |
| 2024 | $101,041 | $14,835,655 | $2,784,301 | $12,051,354 |
| 2023 | $101,041 | $4,673,987 | $0 | $0 |
| 2022 | $88,539 | $3,965,419 | $0 | $0 |
| 2021 | $27,358 | $1,056,495 | $1,051,974 | $4,521 |
| 2020 | $24,075 | $899,787 | $891,074 | $8,713 |
| 2019 | $26,230 | $998,725 | $989,901 | $8,824 |
| 2018 | $26,792 | $1,159,737 | $1,150,801 | $8,936 |
| 2017 | $23,804 | $900,108 | $0 | $0 |
| 2016 | $21,766 | $900,207 | $0 | $0 |
| 2015 | $28,194 | $1,061,946 | $0 | $0 |
| 2014 | $9,186 | $244,232 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
M
Seller Co-Listing Agent in 2023
Michelle Shurtleff
Compass Florida, LLC.
(305) 299-2062
5 in this area
82 Total Sales
-
Buyer's Agent in 2023
Minette Schwartz
Compass Florida, LLC.
(305) 439-6628
2 in this area
103 Total Sales
-
Seller's Agent in 2018
Jack Coden
Keller Williams Eagle Realty
(305) 694-3843
28 in this area
257 Total Sales
-
J
Buyer's Agent in 2018
Joel Key
LoKation Real Estate
(305) 775-6924
3 Total Sales
-
Buyer's Agent in 2014
Constantin Gorges
Compass Florida, LLC.
(646) 234-5686
11 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11179547
APN: 01-3207-037-0260
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