NOT LISTED FOR SALE

Estimated Value: $4,517,366

4 Beds
3 Baths
3,940 Sq Ft
$1,147/Sq Ft Est. Value

Last Sold February 11, 2015

Last sale price $1,900,000 $482 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $30,114/month

Highlights

  • Property has ocean access
  • Home fronts navigable water
  • Gated Community
  • Private Dock
  • In Ground Pool
  • 3-minute walk to Baywood Park

About This Home

As of December 2023

Nestled in the hidden gem neighborhood of Belle Meade, a gated waterfront community with tree-lined streets and distinctive architectural style. This waterfront Mediterranean style home on a impressive 17,000 sq ft lot, featuring a large 130' private dock & outdoor pool area. A haven for boating enthusiasts, granting direct bay access with no fixed bridges. The home's design is showcased through clean lines, contemporary countertops, & large rooms. Outdoors, a spacious oasis awaits, outdoor kitchen, pool, tiki hut, fire pit, & relaxing water views. Centrally located, mere minutes from the Design District, Downtown, Miami Beach, & Bal Harbour, offering a unique and centrally located retreat in the heart of Miami's vibrant scene.

Last Agent to Rent the Property

Javier Santana

Sunland Real Estate, LLC. License #3451877 Listed on: 12/08/2023

Last Renter's Agent

Javier Santana

Sunland Real Estate, LLC. License #3451877 Listed on: 12/08/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $66,003

Year Built

  • Built in 1945

Lot Details

  • 0.38 Acre Lot
  • 130 Ft Wide Lot
  • Home fronts navigable water
  • Home fronts a canal
  • East Facing Home
  • Property is zoned 0100

Property Views

  • Canal
  • Pool

Home Design

  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 3,940 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Fireplace
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Circular Driveway
  • Open Parking

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • No Fixed Bridges
  • Private Dock
  • Patio
  • Outdoor Grill
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 12/8/23
  • 1 Year With Renewal Option,More Than 1 Year,Short Term Lease Lease Term
  • Assessor Parcel Number 01-32-07-031-0242

Community Details

Overview

  • No Home Owners Association
  • New Belle Meade Sub Subdivision
  • Maintained Community

Amenities

  • Picnic Area

Security

  • Gated Community
  • Walled

Home Details

Home Type

Single Family

Est. Annual Taxes

$66,003

Year Built

Built in 1945

Lot Details

0

Rental Info

  • Pets Allowed: Yes
  • Available Date: 2023-12-08
  • Lease Term: 1 Year With Renewal Option,More Than 1 Year,Short Term Lease

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1945
  • Property Sub Type: Single Family Residence
  • Architectural Style: First Floor Entry
  • Directions: BISCAYNE TO NE 76 ST GAURD GATE STRAIGHT TO THE END OF THE STREET THEN A SLIGHT RIGHT ON TO BELLE MEADE BLVD. THE PROPERTY IS LOCATED ON YOUR LEFT
  • Garage Yn: No
  • Horses: No
  • Inclusions: Private Dock, Private Dock,Water Available
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Single Family-Annual, House
  • Subdivision Name: NEW BELLE MEADE SUB
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Bar, Built-in Features, 3 Bedroom Split, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 3940
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Laundry

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Canal, Pool, Water
  • Exterior Features: Built-In Grill
  • Construction Type: Stucco
  • Direction Faces: East
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Porch, Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Front, Navigable Water, No Fixed Bridges, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: NEW BELLE MEADE SUB
  • Open Parking: Yes
  • Parking Features: 2 Spaces, Circular Driveway

Utilities

  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Room
  • Security: Walled

Condo/Co-op/Association

  • Association: No
  • Community Features: Gated Community, Maintained Community, Paved Road, Picnic Area, Street Lights

Lot Info

  • Parcel Number: 01-32-07-031-0242
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 16516
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2023
Sold by
Merabet Mohamed and Merabet Yamina
Bought by
7405 Belle Meade Llc
Current Estimated Value
$4,517,366

Purchase Details

Listed on
Oct 30, 2014
Closed on
Feb 10, 2015
Sold by
Arias Luis and Arias Luis A
Bought by
Merabet Mohamed and Sebbah Yamina
Seller's Agent
Jose Peyrellade
MMLS Assoc.-Inactive Member
Buyer's Agent
Jose Peyrellade
MMLS Assoc.-Inactive Member
List Price
$2,190,000
Sold Price
$1,900,000
Premium/Discount to List
-$290,000
-13.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.36%
Original Mortgage
$1,330,000
Interest Rate
3.94%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 8, 2011
Closed on
Jan 5, 2012
Sold by
Rodriguez Susanna Ester and Rodriguez Susana E
Bought by
Arias Luis
Seller's Agent
Piper Rothan
The Keyes Company
Buyer's Agent
Jose Peyrellade
MMLS Assoc.-Inactive Member
List Price
$840,000
Sold Price
$840,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.12%
Original Mortgage
$672,000
Interest Rate
4.07%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
7405 Belle Meade Llc $3,800,000 --
Merabet Mohamed $1,900,000 Attorney
Arias Luis $840,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merabet Mohamed Hadj $1,267,500
Previous Owner Merabet Mohamed $1,330,000
Previous Owner Arias Luis $850,000
Previous Owner Arias Luis $672,000
Previous Owner Rodriguez Susanna Ester $40,000
Previous Owner Rodriguez Susana Ester $450,000
Previous Owner Rodriguez Susana Ester $150,000
Previous Owner Rodriguez Susana Ester $175,000
Previous Owner Rodriguez Susana Ester $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2023 12/28/23 Rented $12,500 0.0% --
12/08/2023 12/08/23 For Rent $12,500 -22.8% --
11/25/2022 11/25/22 Rented $16,200 -4.7% --
11/08/2022 11/08/22 For Rent $17,000 0.0% --
02/11/2015 02/11/15 Sold $1,900,000 -13.2% $535 / Sq Ft
01/21/2015 01/21/15 Pending -- -- --
10/30/2014 10/30/14 For Sale $2,190,000 +160.7% $617 / Sq Ft
01/05/2012 01/05/12 Sold $840,000 0.0% $353 / Sq Ft
10/27/2011 10/27/11 Pending -- -- --
02/08/2011 02/08/11 For Sale $840,000 -- $353 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

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 $66,003 $3,271,204 $3,055,414 $215,790
2024 $41,494 $3,230,000 $3,055,759 $174,241
2023 $41,494 $1,732,965 $0 $0
2022 $38,236 $1,575,423 $0 $0
2021 $33,385 $1,432,203 $0 $0
2020 $28,842 $1,302,003 $1,018,247 $283,756
2019 $31,324 $1,416,568 $1,131,047 $285,521
2018 $29,886 $1,418,331 $1,131,047 $287,284
2017 $30,258 $1,420,095 $0 $0
2016 $30,731 $1,396,088 $0 $0
2015 $26,876 $970,591 $0 $0
2014 $17,055 $707,187 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11497794

MIAMI REALTORS® MLS

APN: 01-3207-031-0242