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Old Hollywood elegance meets tropical Miami living in Belle Meade! Nestled in one of Miami’s most sought-after gated neighborhoods, this one-of-a-kind 1938 Old Spanish estate sits on a lush double lot surrounded by mature trees, tropical landscaping, and serene garden spaces. The private compound includes a 3-bedroom, 2-bath main residence plus three additional living spaces: a 1-bedroom apartment above the main house and two separate guest cottages, offering a total of 6 bedrooms and 5 bathrooms across multiple living Spaces. Architectural details include dramatic vaulted ceilings in the great room, arched windows, a fireplace, and multiple second-story patios overlooking the verdant grounds. Additional features include impact windows throughout, remodeled kitchen and bathrooms in the main house, updated plumbing and electrical, a newer roof, and a well-water irrigation system. The enchanting outdoor spaces feature lush gardens, a fenced yard, carport, 5 parking spaces and exceptional privacy behind walls and gates. Ideally positioned adjacent to the Belle Meade guard gate for added security and convenience. Located within walking distance to neighborhood shops and restaurants and close proximity to the Design District & beaches, this is a rare opportunity to own a true Miami classic in one of the city’s most beloved neighborhoods.
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 6-bed rentals across Miami-Dade, from 55 active listings; the middle half ask $16,000–$49,900.That is what landlords ask, not what units let for — edit it if you know better.
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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