See Home Value
Miami 33138 Upper East Side
7305 BELLE MEADE ISL DR
$9,432,031*
House - Off Market

7305 BELLE MEADE ISL DR

Miami, FL 33138
bedrooms
5 Beds
bathrooms
7 Baths
square feet
6545 Sqft
$4,482,000 - $5,478,000
Reference Base Price*
89.40%
Since Aug 1, 2017
FL-Miami
Primary Model
Sold Jun 03, 2022
$8,150,000
$8,100,000 by Jpmorgan Chase Bank Na
Mortgage Due Jun 01, 2052
Sold Feb 26, 2018
$4,115,000

About This Property

This rare exotic Home, one of only a few found in Miami, is a true Caribbean beach house with beyond impressive direct Ocean and downtown views. Sitting on a significant 22,021 sq ft lot surrounded by the 162 ft of open waterfront, Finest Vintage Bahamian designs, Large pool, outdoor bar, big dock, boat lift, full house generator, manicured tropical landscaping. This house is a Floridian Paradise! Adjusted Area is 6,545 sq ft

The manager has listed the unit size as 6545 square feet.
Unit Size
6,545Ft²
Days on Market
-
Land Size
-
Price per sqft
$761
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950

Price History

Date / Event Date Event Price
Jun 3, 2022 Sold to Emre Balci $8,150,000
Sold to Emre Balci
Jul 30, 2017 Listed $4,980,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 7
  • Full Bathrooms: 7
  • Partial Bathrooms: 7
  • Building Quality: E
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 538
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 22,022
  • Lot Size Depth Feet: 4,730
  • Lot Size Frontage Feet: 1,393
  • Total Building Area: 7,483
  • Gross Building Area: 7,483
  • Building Area: 5,805
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,805
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELLE MEADE ISLAND
  • Land Acres: 0.506
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BELLE MEADE ISLAND PB 40-89 LOT 39 & N1/2 OF LOT 40 LOT SIZE IRREGULAR OR 18441-3910 0199 1 COC 25188-3402 12 2006 5

Ownership

  • Current Owner : BALCI EMRE
  • Previous Owner : JOHN T PETROZZA REVOCABLE TRUST
  • Owner Before Previous Owner: BELLE MEADE ISLAND LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 001302

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 168
  • District: 01
  • Parcel: 01-3207-037-0370
  • Lot: 39,40
  • Meridian: SEC 07 TWN 53S RNG 42E
  • Municipality: MIAMI
  • Latitude: 25.8424
  • Longitude: -80.1743

    Address

  • Full Address: 7305 Belle Meade Island Dr
  • Address - House Number: 7305
  • Address - Street Name: Belle Meade Island
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miami
  • Carrier Code: C003
  • 4-Digit Zip Code: 5255
  • Zip Code: 33138

Valuation

    Tax

  • Total Area: 6,545
  • Tax Year: 2023
  • Tax Amount: $153,757
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.2681
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 61
  • Final Value: 7,052,947
  • High Value: 8,943,907
  • Low Value: 5,161,987

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $8,100,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jun 03, 2022
  • First Open Lien Mortgage Loan Amount: $8,100,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Market Valuation

  • Market Total Value: $7,178,065
  • Market Land Value: $5,946,169
  • Market Improvement Value: $1,231,896

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,178,065
  • Assessed Land Value: $5,946,169
  • Assessed Improvements Value: $1,231,896

    Sales

  • Current Sale Contract Date: May 25, 2022
  • Current Sale Recording Date: Jun 03, 2022
  • Current Sale Transaction ID: 11889996088
  • Current Sale Price: $8,150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 447889
  • Previous Sale Recording Date: Feb 26, 2018
  • Previous Sale Contract Date: Feb 12, 2018
  • Previous Sale Amount: $4,115,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jun 03, 2022
  • First Mortgage Loan Amount: $8,100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
4.5 Baths
4,210 ft²
$1,021/ft²
$4,300,000 Jun 13, 2022
-
$861/mo
House
4 Beds
4 Baths
3,850 ft²
$1,531/ft²
$5,895,000 Dec 30, 2022
-
$1,537/mo
House
4 Beds
3 Baths
1,996 ft²
$2,756/ft²
$5,500,000 Feb 8, 2023
-
$4,134/mo
House
4 Beds
3 Baths
2,220 ft²
$1,842/ft²
$4,090,000 Dec 7, 2022
-
$2,278/mo
Condo
3 Beds
3.5 Baths
3,143 ft²
$1,273/ft²
$4,000,000 Feb 28, 2023
-
$2,352/mo
Land
Loft
-
-
$4,999,999 Jan 11, 2023
-
$1,460/mo

About Northern Miami


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Frequently Asked Questions

When was property at 7305 Belle Meade Island Drive built and last sold?
The property at 7305 Belle Meade Island Drive was built in 1950 and last sold on May 25, 2022 for $8,150,000.
How much is this home worth?
The estimated value of the home located at 7305 Belle Meade Island Drive is $5,029,800.
What are some comparable homes to 7305 Belle Meade Island Drive?
There are currently no comparable homes to 7305 Belle Meade Island Drive.

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