4521 Pine Tree Drive, Miami Beach, FL 33140

New Listing
$42,500,000
Property Type: Residential Bedrooms: 9 Baths: 10 Status: Active
Current Price: $42,500,000 List Date: 10/05/2026 Last Modified: 10/05/2026

Overview

Description

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 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 l ...

Listing Details MLS# A12100926

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
9
Bathrooms Total
10
Bathrooms Full
9
Bathrooms Half
Yes
Year Built
1995
Garage YN
Yes
Garage Spaces
8
Covered Spaces
8
Lot Size Area
58650
Lot Size Acres
1.35
Senior Community YN
No
Waterfront YN
Yes
Water Frontage Feet
158
Stories Total
Yes
Direction Faces
East
Fireplace YN
Yes
Pool Private YN
Yes

Property Features

Dining Area: Breakfast Area; Formal Dining; Snack Bar/Counter Exterior Features: None Flooring: Other Parking Features: Covered; Driveway Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Refrigerator; Washer Boat and Dock Features: Private Dock Construction Materials: CBS Cooling: Central Air Heating: Other Interior Features: Kitchen Island; Vaulted Ceiling(s); Walk-In Closet(s) Levels: One Listing Terms: Cash; Conventional Pool Features: In Ground Possession: Close Of Escrow; Negotiable Restrictions: Other Restrictions Roof: Barrel Sewer: Public Sewer Special Information: Sold As-Is Tax Information: City/County View: Garden Water Source: Public Water View: Canal Waterfront Features: Canal Front Window Features: Skylight(s) Showing Requirements: Appointment Only; Call Listing Agent Room Types: Atrium; Den; Family Room; Great Room; Laundry; Maid/In-Law Quarters Acreage Description: 1 To Less Than 2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
42500000
Occupant Type
Vacant

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
4521
Street Name
Pine Tree
Street Suffix
Drive
City Name
Miami Beach
Municipal Code
2
State Or Province
FL
Postal Code
33140
Postal Code +4
3133
Postal Zip
33140
Subdivision Name
INDIAN BEACH CORP AMD PL
Area
2320
Elementary School
North Beach
Middle Or Junior School
Miami Beach Nautilus
High School
Miami Beach
Parcel Number
0232230020320
Subdivision Number
2
Zoning
2100
Flood Zone
AE

Financial Information

Membership Fee Required YN
No
Tax Annual Amount
360401
Tax Year
2025
Tax Legal Description
INDIAN BEACH CORP AMD PL PB 8-61 LOT 45 LOT SIZE 150.000 X 391 OR 15129-1162 0791 4

Status Change Information

Major Change Timestamp
2026-10-05T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-10-05

More Information

Entry Information

Entry Level
Yes

Boat and Dock Information

Dock
Yes

Section Details

Parcel Number MLX
0320

Originating Details

Originating System Key
565889960
Originating System ID
M00000151

Room Information

Room Name
Atrium
Den
Family Room
Great Room
Maid/In-Law Quarters
Laundry
IDX
Listing Office: The Firm Properties, LLC.
Source MLS Verified
Last Updated: October - 05 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.