305-609-4190
4521 Pine Tree Dr, Miami Beach FL 33140
Active Single Family Residence Waterfront

4521 Pine Tree Dr, Miami Beach FL 33140

Miami Beach, FL, 33140

$42,500,000

Est. $214,903/mo (20% down)

9
Beds
9.5
Baths
—
Sq Ft
1995
Year Built
—
Lot Sq Ft
8
Garage

Photo Gallery (4 photos)

About This Property

An extraordinary opportunity to create a landmark waterfront estate on prestigious Pine Tree Drive. Beside Pine Tree Park in Miami Beach’s coveted Mid-Beach neighborhood, this approximately 1.35-acre property features a brand-news seawall and offers 58,650 SF of land per county records and 158 feet of canal frontage per prior listing. Exceptional scale and a prime waterfront setting offer developers and private buyers the opportunity to bring an ambitious vision to life. The existing residence remains on the property. Offered as a redevelopment opportunity with seller-reported approved plans for an approximately 25,000 SF tropical modern estate by Studio Tehila Shelef. The proposed design features 9 bedroom suites, an 8-car garage, a waterfront guest residence and staff quarters. Floor-to-ceiling glass, a central atrium and expansive terraces connect the envisioned interiors with the landscape and water. Planned amenities include an infinity pool, hot tub, gym, spa and saunas, cinema/game room, sport court, rooftop lounge and yacht dock. Main, service and outdoor kitchens complement generous dining and entertaining spaces. Sale includes the property and plans; construction of the proposed estate is not included. Renderings illustrate the proposed residence and amenities. Site visits by appointment only. Plan documents available exclusively to verified, qualified buyers.

Property Details

MLS #

A12100926

Status

Active

Property Type

Residential

Sub Type

Single Family Residence

Year Built

1995

Days on Market

1

Pool

No

Waterfront

Yes

HOA Fee

None

Est. Insurance

$14,167/mo

Tax Year

2025

Tax Amount

$360,401

Garage

8 Car

Lot Size

—

MLS Area

Indian Beach Corp Amd Pl

Subdivision

INDIAN BEACH CORP AMD PL

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Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$276,250
Est. Monthly Rent
-0.4%
Cap Rate
-1.8%
Cash-on-Cash
$-154,640
Net Operating Income

ROI Projections (4% Annual Appreciation)

99%
5-Year ROI
Value: $51,707,748
222%
10-Year ROI
Value: $62,910,382
373%
15-Year ROI
Value: $76,540,099

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

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