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5589 Pine Tree Dr

3 bedrooms | 6 bathroom | 0 half bath | 4,943 sqft | Miami Beach 33140

$9,500,000

Property Details

MLS #
A10496268
Listing Type
Single Family
Unit #
Status
Active
Address
5589 Pine Tree Dr  map  
Maintenance Fee
$0
Bedrooms
3
Bathrooms
6
Half Baths
0
Living Area(f2)
4,943
Lot Size (f2)
0
Year Built
1924
Parking Spaces
2
Waterfront
Yes
Complex
BEACH VIEW SUB
Days On Market
638
Pool
Pets Allowed
N/A
Irina Kim-Sang

      Irina Kim-Sang

      Broker

      Atlantic VIP Realty LLC

Irina Kim-Sang
Irina Kim-Sang
Inquire About this Property

Property Description

DEVELOPERS DREAM ~ 1 ACRE MIAMI BEACH LEGACY ESTATE ON MARKET FOR SALE FOR THE 1ST TIME! Reside on prestigious Pine Tree Drive on approximately 1 acre of rolling lawns with 137 feet on the water. It could be purchased together with the adjacent Lot 5565 Pine Tree Drive and 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 27,850 SF Lots. It could also be purchased as two 1 acre estates to develop 2 Waterfront Estate Villas... or Can be bought together 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.

Property Amenities

Equipment
  • Other Equipment/Appliances
Interior Features
  • First Floor Entry
  • Family Room
Exterior Features
  • Lighting

Similar Properties

Address Price %Chng Bed/Bath Square Feet Squarem2 $/sq.ft. $/m2 Maint/$ List Date Floor
1802 Baker Hwy $750,000  41.51%   3/2 2,136 198 $351 $3,780 $0 08/24/2018
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5725 LA GORCE DRIVE $3,990,000  -16.7%   5/5 6,010 558 $664 $7,146 $0 05/03/2019
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5170 Pine Tree Dr $4,450,000   5/5 4,292 399 $1,037 $11,161 $0 03/06/2020
5709 La Gorce Dr $4,495,000  -9.19%   6/6 6,493 603 $692 $7,452 $0 04/03/2019
5454 Pine Tree Dr $5,250,000  new 6/6 0 0 $0 $0 $0 03/30/2020
5763 Pine Tree Dr $5,750,000   5/4 5,354 497 $1,074 $11,560 $0 11/18/2019
# of Units Avg Price Avg $/Square Ft Lowest Median Highest Avg Days on Market
15 $3,043,733 $688 $750,000 $2,996,000 $5,750,000 176
Price Reductions This Week: 0
Price Reductions last 30 Days: 3
Price Reductions last 90 Days: 4

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