Belle Meade Island in Miami

Belle Meade Island
Homes for Sale in Miami, FL

Community in Miami · Miami-Dade County · ZIP 33138
Median sale $6.50M
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True comps, carrying-cost math, and listings before the portals.

Photo via MIAMI MLS

Built fromLive MIAMI MLS data14 years of closingsUpdated twice daily

As of September 2026, Belle Meade Island in FL has 3 homes for sale. Over the 12 months ending 2026-09-12, 3 recorded sales closed at a median of $6,500,000, $1,818 per square foot, a median 204 days on market, sellers accepting 81% of original asking. Homes listed or recently sold were built 1956–2025 with 1 new construction. At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $114,360 ($113,640 with the full homestead exemption).

Live · Belle Meade Island Housing Pulse MIAMI MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$6.50M
Median sold · 12 mo
$1818/sf
Sold $/sqft · 12 mo
peak $2159 in 2024
81.3%
Sale vs ask
Miami-Dade median: 94.0%
Tempo
204days
Median DOM · closed
0 days at the 2018 low
0%
Under contract
Miami-Dade: 18% (3,290 of 18,399)
3 · 0
For sale · pending
live counts, refreshed twice daily
3
Sold · last 12 mo
10-yr average: about 3 a year
Track record · 14 years of records
3,150sqft
Median sold home size
12-mo windows, closed sales

Homes For Sale Right Now in Belle Meade Island

Live MLS inventory for Belle Meade Island. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Belle Meade Island listings as of 2026-09-12, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2025. Tap any home to ask about it.

Jon Brooks, founder of Momentum Realty
Jon's Current Read

The number that matters most here is the days-on-market figure, not the price. At a median of just over 200 days, Belle Meade Island is trading on a timeline closer to a year's real estate cycle than a typical market sprint. With only four closings in the current window, this is a thin, low-volume market where a single sale can move the median meaningfully in either direction.

At a median price of $6.1M and a median price per square foot of roughly $1,814, this is a market priced for scarcity and location rather than volume. Sellers here need to expect a longer runway to close, and buyers who move decisively when the right property surfaces have real leverage precisely because so few transactions are happening at once.

The 60-Second Overview

Belle Meade Island market snapshot (as of September 12, 2026): the median sale price is about $6.50M ($1818 per sq ft over the trailing 12 months of closed sales), and a median 204 days on market for closed sales.

Belle Meade Island sits in the ultra-low-volume tier of Miami-Dade's waterfront market, where a handful of closings a year sets the tone and every listing behaves like its own micro-market.

Best for

  • Buyers with flexible timelines who can wait out a market where homes commonly sit six-plus months
  • Buyers focused on waterfront land and structure value rather than square-footage pricing
  • Sellers who can carry a listing through a long marketing period without pressure to close quickly

Probably not for

  • Buyers who need to close on a tight schedule
  • Sellers expecting a fast transaction based on typical market days-on-market figures
  • Buyers comparison-shopping on price per square foot against higher-volume markets

Windows contain 0 to 8 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2025. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$2M$4M$6M20122014201620182020202220242026
Every sale since 2012 · price vs size
$0$5M$10M$15M2k4k6k8k
44 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$1K$2K20122014201620182020202220242026
Up from $532 in 2012 to a $2159 peak in 2024; $1818 now.
Median days on market · closed sales
010020020122014201620182020202220242026
0 days at the 2018 low; 204 now.
Sale price vs original ask · median
80%90%100%20122014201620182020202220242026
81.3% now vs Miami-Dade 94.0%.
Homes sold per 12-mo window
025820122014201620182020202220242026
0 to 8 a year; 3 in the current window.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Miami-Dade County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$3,172/mo
Miami-Dade County typical true cost to own
$158/mo
Miami-Dade County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

How much local inventory is already under contract

16% of homes for sale in ZIP 33138 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-12).

BELLE MEADE ISLAND Market Scorecard

Thin data

BELLE MEADE ISLAND is currently a thin data market. Limited supply, a median asking price of $22,899,800, and homes go under contract in about 411 days.

n/a
Months supply
$22,899,800
Median list
n/a
Median sold
$3080
Per sqft
411
Days on mkt
3/0/0
Active/Pend/Sold

Typical home value in the 33138 ZIP is $806,988, about 126.1% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

If we were buying in Belle Meade Island today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Belle Meade Island.

Best Buy
Buyers and sellers who are comfortable operating in a low-volume, high-price waterfront market rather than a fast-moving one.
Biggest Risk
A median of just over 200 days on market means sellers should plan for a long hold before closing.
Sweet Spot
Waterfront-oriented buyers whose priority is land and location rather than a quick, high-volume transaction.
Avoid If
You need a fast sale or a quick close — this is not a market that moves quickly.

A market measured in months, not showings

With a median of just over 200 days on market, homes here are not moving quickly by any conventional measure. That pace is consistent with a market where inventory is scarce, price points are high, and the buyer pool for any given property is naturally small. It does not necessarily signal weak demand — it signals a market where the right buyer and the right property take time to find each other.

The median price per square foot of about $1,814, paired with a median price of $6.1M, points to a market priced on land, water access, and structure quality rather than square footage alone. With only four closings in the current window, there is not enough transaction volume to draw firm conclusions about pricing trends — every sale should be evaluated on its own terms rather than against a market average.

The location and the amenities are priced into every listing in Belle Meade Island. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

A market with four closings and a 200-plus day median hold time rewards patience and precision, not volume-based tactics. We price and position Belle Meade Island listings against the handful of comparable sales that actually exist, and we counsel buyers on realistic timelines rather than typical-market expectations.

Belle Meade Island in 15 seconds.

Best forBuyers and sellers who are comfortable operating in a low-volume, high-price waterfront market rather than a fast-moving one.
Biggest advantageExtremely limited transaction volume means each sale is negotiated largely on its own merits, giving prepared buyers real leverage.
Biggest riskA median of just over 200 days on market means sellers should plan for a long hold before closing.
Sweet spotWaterfront-oriented buyers whose priority is land and location rather than a quick, high-volume transaction.
Avoid ifYou need a fast sale or a quick close — this is not a market that moves quickly.

HOA, CDD & Fees

In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Belle Meade Island sales matched to your home.

What is your Belle Meade Island home worth?

Get a no-obligation home value based on real comparable sales in Belle Meade Island, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Belle Meade Island on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Belle Meade Island?
The median sale price in Belle Meade Island was $6.50M over the 12 months ending September 12, 2026 (3 closed sales, MIAMI MLS).
How long do homes in Belle Meade Island take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 204 days on market (3 sales, MIAMI MLS).
Who is the best real estate agent for Belle Meade Island?
The best agent for Belle Meade Island is one who actively works Miami and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Belle Meade Island.
How do I find a top Miami real estate agent who knows Belle Meade Island?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Belle Meade Island and the wider Miami area.
Can Momentum Realty connect me with an agent for Belle Meade Island?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Belle Meade Island purchase or sale - no call center and no pressure.
Buyers with flexible timelines who can wait out a market where homes commonly sit six-plus monthsExcellent fit
Buyers focused on waterfront land and structure value rather than square-footage pricingExcellent fit
Sellers who can carry a listing through a long marketing period without pressure to close quicklyExcellent fit
Buyers who need to close on a tight scheduleProbably not
Sellers expecting a fast transaction based on typical market days-on-market figuresProbably not
Buyers comparison-shopping on price per square foot against higher-volume marketsProbably not

Nearby Communities

Explore more neighborhoods near Belle Meade Island with Momentum Realty’s local guides.

HVHaynsworth Village0.1 mi awayNBNew Belle Meade Sub0.2 mi awayCBCoral Bay Racquet Club Co0.2 mi awayMBMiami Bayview Condo0.2 mi awayBMBelle Meade Rev Pl0.2 mi awayTHTudor House Condo0.2 mi away

Browse all neighborhood guides →

Data sources & freshness

Live listingsMIAMI MLS, refreshed twice daily (last: September 12, 2026)
Community market statsMIAMI MLS closed sales, 12-month windows ending September 12, 2026
Under-contract sharesMIAMI MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2012 (44 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of MIAMI MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the MIAMI MLS member average and 8 days faster, and we’ll price yours against live local comps.

Looking to buy here? Search homes for sale →

What’s your home worth in your area?

A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.

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CallFree valuation →
Thinking of selling in BELLE MEADE ISLAND? 3 recorded closings; median 204 days on market (window ending 2026-09-12). See the Miami-Dade County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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