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For sale
  • Price cut: $2.5M (10/28)
    $39,995,000

    4521 Pine Tree Dr, Miami Beach, FL 33140

    9beds
    --sqft
    : 
    $281,383/mo
    Get pre-qualified
    Single Family Residence
    Built in 1995
    1.35 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Beside pine tree park
    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 shovel ready 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 approved plans to start building immediately; 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.
    32 days
    1,891
    97

    Zillow last checked:

    Listing updated:

    Listed by:

    Adalis Carbo 786-916-7393,

    The Firm Properties, LLC.

    Source: MIAMI,MLS#: A12100926MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 10
      • Full bathrooms: 9
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Den/Library/Office, Family Room, Great Room
      Heating
      • Other
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Refrigerator, Washer
      • Laundry: Laundry Room
      Features
      • Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s), Atrium, Maid/In-Law Quarters
      • Flooring: Other
      • Windows: Skylight(s)
      • Has fireplace: Yes
      Video & virtual tour

      Property

      Parking
      • Total spaces: 8
      • Parking features: Covered, Driveway
      • Garage spaces: 8
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Entry location: First Floor Entry
      • Exterior features: None
      • Has private pool: Yes
      • Pool features: In Ground
      • Has view: Yes
      • View description: Canal, Garden
      • Has water view: Yes
      • Water view: Canal
      • Waterfront features: WF/Pool/No Ocean Access, Canal Front
      • Frontage length: 158
      Lot
      • Size: 1.35 Acres
      • Features: 1 To Less Than 2 Acre Lot
      Details
      • Parcel number: 0232230020320
      • Zoning: 2100

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • CBS Construction
      • Roof: Barrel Roof
      Condition
      • Year built: 1995

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Municipal Water

      Community & HOA

      Community
      • Features: None, No Subdiv/Park Info
      • Subdivision: Indian Beach Corp Amd Pl
      HOA
      • Has HOA: No
      Location
      • Region: Miami Beach

      Financial & listing details

      • Tax assessed value: $19,211,021
      • Annual tax amount: $360,401
      • Date on market: 10/5/2026
      • Listing terms: All Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        10/28/2026Price change$39,995,000-5.9%
        Source: MIAMI #A12100926 Report a problem
        10/5/2026Listed for sale$42,500,000+78.6%
        Source: MIAMI #A12100926 Report a problem
        12/3/2024Sold$23,800,000-14.7%
        Source: MIAMI #A11359437 Report a problem
        2/5/2024Pending sale$27,900,000
        Source: MIAMI #A11359437 Report a problem
        1/8/2024Listed for sale$27,900,000
        Source: MIAMI #A11359437 Report a problem
        1/5/2024Pending sale$27,900,000
        Source: MIAMI #A11359437 Report a problem
        10/6/2023Listed for sale$27,900,000-6.7%
        Source: MIAMI #A11359437 Report a problem
        3/20/2023Listed for sale$29,900,000
        Source: MIAMI #A11359437 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$360,401 +17.8%$19,211,020 +42.3%
        2024$306,033 +4.3%$13,496,291 +10%
        2023$293,453 +27.9%$12,269,356 +10%
        2022$229,400 +17.2%$11,153,960 +10%
        2021$195,783 -0.5%$10,139,964 -0.2%
        2020$196,727 -2.8%$10,161,751 +4.4%
        2019$202,315 +10.9%$9,733,222 +10%
        2018$182,434 $8,848,384 +10%
        2017$182,434 +3.9%$8,043,986 +10%
        2016$175,629 +15.4%$7,312,715 +10%
        2015$152,250 +10.5%$6,647,923 +10%
        2014$137,735 +31.8%$6,043,567 +10%
        2013$104,541 +0%$5,494,152 +10%
        2012$104,541 +9.7%$4,994,684 +10%
        2011$95,302 +4.6%$4,540,622 +10%
        2010$91,087 -13.3%$4,127,839 -19.2%
        2009$105,047 -32.9%$5,106,566 -34.2%
        2007$156,586 +22%$7,761,526
        2006$128,308 --
        2005$128,308 +43.9%--
        2004$89,169 +13.7%--
        2003$78,402 +42.9%--
        2002$54,847 --
        2001$54,847 --
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Nautilus

        Getting around

        77 / 100
        Very Walkable
        54 / 100
        Good Transit
        60 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: North Beach
        • Middle: Nautilus
        • High: Miami Beach

        Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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