Belle Meade 1st Homes for Sale

Belle Meade 1st Addn is a luxury waterfront, luxury community in Miami, Miami-Dade County, Florida. Properties are priced from $1,500,000 to $9,900,000. Pure Equity lists homes in Belle Meade 1st and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers Belle Meade 1st and the Miami area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 2 Belle Meade 1st Miami homes for sale as of October 2026. The median asking price is $11.4M. Asking prices run from $8.9M to $14M.

That is 1675% above the Miami median of $645,000. On a per-foot basis, homes here ask about $1,289 per square foot, compared with $509 across Miami. So the median price buys roughly 8,900 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 91 days on the market. That is faster than the Miami average of 144 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Belle Meade 1st date from 1937 to 2021. That puts them between 5 and 89 years old.

The range straddles 2002, when Florida adopted its statewide building code. Therefore two similar-looking homes here can carry very different insurance premiums. Ask for the wind mitigation report on any home you consider, since it drives much of that difference.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Belle Meade 1st includes waterfront homes. Waterfront lots in South Florida often sit in FEMA special flood hazard areas, where lenders require flood insurance. Before you commit, look up the address on the FEMA Flood Map Service Center and ask the seller for an elevation certificate.

At a median near $11.4M, Belle Meade 1st sits in the luxury tier of Miami. Jumbo financing and proof of funds usually come up early in these negotiations.

Here is what the median Belle Meade 1st price means in Florida closing terms. At $11.4M, a 20% down payment comes to about $2.29M, leaving a loan near $9.16M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $32,060. Next, the intangible tax of 0.2% adds about $18,320. Buyers normally pay both at closing.

On the seller side, Miami-Dade charges deed stamps of 60 cents per $100 on a single-family home, about $68,700 at this price. Condos and other property types pay a higher rate.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Belle Meade 1st listings show assignments to Morningside K-8 Academy (Miami-Dade) (elementary), Horace Mann (middle) and Miami Edison (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.