Description

DEVELOPERS DREAM ~ SUBDIVIDE THIS WATERFRONT 2 ACRE MIAMI BEACH LEGACY ESTATE INTO 2 OR OPTIMALLY 3 LOTS! Build on prestigious Pine Tree Drive on approximately 2 acres of rolling lawns with 327 feet on the water. Split into 3 parcels as it originally once was platted in the Miami Beach hay days and develop 3 Luxury Modern Villas each with 109 feet on the water on approx 27,850 SF Lots. It could also be purchased as two 1 acre estates to develop 2 Waterfront Estate Villas or can be bought as one parcel to build your own Mega Trophy Villa. Existing are 2 MED-Revival gems that could be renovated and occupied by the new owner or serve as a good rental property.

Details

MLS #
A10488686
Bedrooms
10
Bathrooms
13
Half Baths
1
Lot Size
83,548 ft2
Living Area
11,356 ft2
Living Area (M2)
1,054 m2
Year Built
1925
Waterfront
N/A
Status
A
Listing Type
RE1
Maint Fee
N/A
Complex
N/A
Days On Market
169
Pool
N/A
Pool Description
Below Ground Pool
Pets Allowed
N/A
Parking Spots

Amenities

Interior Features
First Floor Entry
Exterior Features
Patio
Equipment
Dishwasher
Dryer
Microwave
Refrigerator
Wall Oven
Washer
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Location

About Miami Beach

Payment Options

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Similar Properties

Address List Price Bed/Bath Type SQFT $ / SQFT
5565 Pine Tree Dr $23,990,000 0/ Residential Land 0 0
5565 Pine Tree Drive $11,995,000 7/7 Single Family 6,413 1,870
5589 Pine Tree Dr $11,995,000 3/6 Single Family 4,943 2,426
5565 Pine Tree Dr $11,995,000 0/ Residential Land 0 0
5589 Pine Tree Dr $11,995,000 0/ Residential Land 0 0
5191 Pine Tree Drive $7,495,000 6/6 Single Family 5,829 1,285
5641 Pine Tree Dr $6,999,950 7/9 Single Family 8,428 830
5529 Pine Tree Dr $5,650,000 5/4 Single Family 3,496 1,616
5577 La Gorce Dr $3,078,000 6/5 Single Family 5,716 538

Recent Closed Sales

Over the past 18 Months in the Area
Address Closed Date Sold Price List Price Bed Bath Living Area $/sf $/m2 Days on Market
5400 Pine Tree Dr 12/14/2018 $2,625,000 $2,900,000 5 5 4,004 $724 $7,796 11 months
5665 La Gorce Dr 09/21/2018 $1,225,000 $1,299,000 4 3 2,685 $484 $5,208 1 year
5011 Pine Tree Dr 08/27/2018 $14,500,000 $21,950,000 10 9 13,546 $1,620 $17,442 1 year
5630 Pine Tree Dr 08/03/2018 $847,100 $1,000,000 3 3 2,797 $358 $3,849 1 year
5334 La Gorce Dr 07/12/2018 $3,590,000 $3,995,000 5 5 5,300 $754 $8,114 3 months
5640 Pine Tree Dr 07/09/2018 $2,189,000 $2,595,000 6 6 4,027 $644 $6,936 11 months
5347 La Gorce 06/13/2018 $1,150,000 $1,299,900 3 2 0 $0 $0 11 months
5401 Pine Tree Dr 06/11/2018 $4,150,000 $3,500,000 5 6 5,633 $621 $6,688 1 month
5540 Pine Tree Dr 05/29/2018 $1,780,000 $1,950,000 3 3 2,414 $808 $8,695 9 months
5245 Pine Tree Dr 05/18/2018 $5,150,000 $5,600,000 5 5 6,972 $803 $8,646 2 months
5184 Pine Tree Dr 05/17/2018 $1,335,000 $1,350,000 4 4 2,784 $485 $5,220 1 month
5325 La Gorce Dr 11/02/2017 $1,210,000 $1,395,000 4 3 2,343 $595 $6,409 4 months
5234 LaGorce Dr 10/12/2017 $1,825,000 $1,875,000 4 3 2,396 $783 $8,424 4 months
5515 LA GORCE DR 08/15/2017 $875,000 $975,000 3 2 1,957 $498 $5,363 1 month
5363 LA GORCE DR 07/21/2017 $1,525,000 $1,640,000 3 3 3,047 $538 $5,794 6 months
5465 Pine Tree Dr 07/11/2017 $8,075,000 $8,799,000 10 11 7,764 $1,133 $12,199 4 months
5709 LA GORCE DR 06/30/2017 $1,612,500 $1,699,000 12 11 6,251 $272 $2,926 1 year

Miami Beach Inventory Breakdown

5622
listings
3150
For Sale
2472
For Rent

For Sale

Average Price
$3,504,885
Average $ / SqFt
$941

For Rent

Average Price
$5,687
Average $ / SqFt
$4
Miamirealestate.com is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers personal, non-commercial use, It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real Estate listings held by brokerage firms other than the office owning this web site are marked with the IDX logo. Data provided is deemed reliable but not guaranteed. Listing provided by Luxe Living Realty