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Off market
  • $24,892,600

    5465 Pine Tree Dr, Miami Beach, FL 33140

    10beds
    7,764sqft
    SingleFamily
    Built in 1926
    0.49 Acres Lot
    $24,892,600 Zestimate®
    $3,206/sqft
    $4,586 Estimated rent

    Home value

    $24,892,600

    $20.16M - $30.37M

    $4,586/mo

    Zestimate® history
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    $171,875/mo

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    $171,875/mo

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    What's special

    A rarely available opportunity on the widest part of Indian Creek Waterway awaits yacht enthusiasts in Miami Beach. Featuring a seldom found half-acre lot with 125 feet of deep water frontage -- and no fixed bridges to Biscayne Bay and the Atlantic Ocean -- this exquisite compound is on the market for $8,799,000 (a price reduction of over $4 million). Located on prestigious Pinetree Drive, the amenities and details of the villa mirror the extraordinary luxuries of a private resort. Architecturally distinct inside and out, the estate comprises 10 bedrooms, 11 full and two half-baths spread throughout 7,764 adjusted square feet of living space. A grand foyer opens to the sunlit interior, complemented by high ceilings, marble floors and wide windows. The open layout, paired with a variety of unique and generously scaled living areas, makes the home as ideal for grand-scale entertaining as it is for hosting informal gatherings. While the kosher-style kitchen has a center island, large pantry, stainless steel appliances and casual snack seating overlooking the tennis court, the media room features a large built-in bar with additional seating. The richly-appointed master suite is complete with a large bath, midnight kitchen and an inviting balcony overlooking the Waterway. Enhancing the home's unusual array of amenities, there is also a gym with an adjacent steam room. Well-designed for use as a corporate or family retreat, the estate has six bedrooms upstairs and two downstairs in the main house, plus there is a detached, three-bedroom guesthouse including anartist s studio, full kitchen and washer/dryer on top of the three-car garage. Impact windows and doors are yet another of the residence's many conveniences. On the grounds of the estate, residents will enjoy special finds, including a koi pond with a fountain and a majestic 200-year-old banyan tree. The backyard has a pool, gazebo, summer kitchen, tennis court and an oversize dock with two boat lifts. Adding to the unmistakable appeal of the walled and gated property, it is within close proximity to Bal Harbour Shops, beach, gourmet restaurants, A+ Schools, vibrant nightlife venues and is minutes from La Gorce Country Club.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 13
    • Full bathrooms: 11
    • 1/2 bathrooms: 2
    Heating
    • Forced air
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Carpet, Hardwood
    Interior area
    • Total interior livable area: 7,764 sqft

    Property

    Parking
    • Parking features: Garage - Detached
    Features
    • Exterior features: Stucco
    • Has view: Yes
    • View description: yes
    Lot
    • Size: 0.49 Acres
    Details
    • Parcel number: 0232140030240

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • concrete
    • Roof: Other
    Condition
    • Year built: 1926

    Community & neighborhood

    Location
    • Region: Miami Beach

    Price history

    DateEventPrice
    3/22/2022Sold$26,000,000-13.3%$3,349/sqft
    Source: MIAMI #A11094696 Report a problem
    3/10/2022Pending sale$29,999,999$3,864/sqft
    Source: MIAMI #A11094696 Report a problem
    3/8/2022Listing removed--
    Source: MIAMI #A11094696 Report a problem
    9/8/2021Listed for sale$29,999,999+271.5%$3,864/sqft
    Source: MIAMI #A11094696 Report a problem
    7/11/2017Sold$8,075,000-8.2%$1,040/sqft
    Source: Public Record Report a problem
    4/4/2017Price change$8,799,000-2.1%$1,133/sqft
    Source: EWM Miami Beach #A10229189 Report a problem
    2/25/2017Listed for sale$8,990,000-18.3%$1,158/sqft
    Source: EWM Realty International #A10229189 Report a problem
    1/1/2017Listing removed$10,999,000$1,417/sqft
    Source: Douglas Elliman #A10056596 Report a problem
    9/20/2016Price change$10,999,000-12%$1,417/sqft
    Source: Douglas Elliman #A10056596 Report a problem
    5/27/2016Price change$12,500,000-3.1%$1,610/sqft
    Source: Douglas Elliman #A10056596 Report a problem
    3/29/2016Listed for sale$12,900,000+171.6%$1,662/sqft
    Source: Douglas Elliman #A10056596 Report a problem
    4/26/2011Sold$4,750,000-4%$612/sqft
    Source: Public Record Report a problem
    1/24/2011Price change$4,950,000-5.7%$638/sqft
    Source: ONE Sotheby's International Realty #M1381456 Report a problem
    9/11/2010Price change$5,250,000-4.4%$676/sqft
    Source: ONE Sotheby's International Realty #M1381456 Report a problem
    4/10/2010Price change$5,490,000-30.5%$707/sqft
    Source: ONE Sotheby's International Realty #M1381456 Report a problem
    12/23/2009Listed for sale$7,900,000$1,018/sqft
    Source: RE/MAX Consultants Realty #M1165675 Report a problem
    4/17/2009Listing removed$7,900,000$1,018/sqft
    Source: Number1Expert #M1165675 Report a problem
    4/14/2009Listed for sale$7,900,000$1,018/sqft
    Source: Number1Expert #M1165675 Report a problem
    10/3/2008Listing removed$7,900,000$1,018/sqft
    Source: NRT Florida #M1165675 Report a problem
    6/20/2008Listed for sale$7,900,000$1,018/sqft
    Source: NRT Florida #M1165675 Report a problem
    12/9/2007Listing removed$7,900,000$1,018/sqft
    Source: Realty Generator #M1165675 Report a problem
    12/1/2007Price change$7,900,000-11.2%$1,018/sqft
    Source: Realty Generator #M1165675 Report a problem
    11/14/2007Listed for sale$8,900,000+535.7%$1,146/sqft
    Source: Number1Expert #M1078848 Report a problem
    12/21/1999Sold$1,400,000$180/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$347,426 -12.9%$18,519,400 -12.8%
    2024$398,862 +1.5%$21,225,886 +2.1%
    2023$392,864 +347.9%$20,790,104 +399.1%
    2022$87,712 +11%$4,165,685 +1.8%
    2021$79,002 -11.1%$4,091,640 -14.1%
    2020$88,876 -3.8%$4,761,582 -0.1%
    2019$92,346 -22.5%$4,765,398 -25.3%
    2018$119,166 $6,378,262 -7.8%
    2017$119,166 -9.5%$6,918,088 +50.6%
    2016$131,741 +47.1%$4,592,899 +0.7%
    2015$89,563 -1.7%$4,560,973 +0.8%
    2014$91,115 +13.7%$4,524,775 +16.8%
    2013$80,124 0%$3,872,654 -1.1%
    2012$80,124 +134.4%$3,914,181 +131.4%
    2011$34,177 -4.7%$1,691,450 +1.5%
    2010$35,876 +10.2%$1,666,454 +2.7%
    2009$32,551 +4.2%$1,622,643 -54.8%
    2007$31,247 -12.2%$3,590,232
    2006$35,589 --
    2005$35,589 +15.5%--
    2004$30,814 +74.4%--
    2003$17,669 -12.7%--
    2002$20,230 --
    2001$20,230 --

    Find assessor info on the county website

    Neighborhood: La Gorce

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: DADE

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

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    Estimated market value
    $24,892,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $24,892,600