Premier Brokers International
4521 Pine Tree Drive, Miami Beach, FL 33140
Price reducedMLS listing sourceMIAMI REALTORS® MLS
Price reducedMLS® A12100926
$39,995,000

↓ Price reduced $2,505,000 on Oct 28, 2026

4521 Pine Tree Drive, Miami Beach, FL 33140

Beds
9
Baths
10
Sqft
—
Est. payment$257,557/mo
Home type
Single Family Residence
Year built
1995
Lot size
58,806 sqft
Price / sqft
—
HOA
$0/mo
Community
INDIAN BEACH CORP AMD PL

Property 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 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.

Listing activity

Days on market
23
Listed
Oct 5, 2026
MLS listing updated
Oct 28, 2026
Feed last checked
9 minutes ago

Listed by Adalis Carbo · The Firm Properties, LLC.

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
9
Bathrooms
10
Bathrooms (decimal)
9.5
Full bathrooms
9
Half bathrooms
1

Rooms & features

Rooms
6
Interior features
Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s)
Flooring
Other
Appliances
Dishwasher, Disposal, Dryer, Refrigerator, Washer
Fireplace
Yes
Window features
Skylight(s)

Heating & cooling

Heating
Other
Cooling
Central Air
Property

Parking

Garage spaces
8
Garage
Yes
Carport spaces
0
Covered spaces
8
Parking features
Covered, Driveway
Attached garage
No

Exterior

Stories
1
Entry level
1
Exterior features
None
Pool
Yes
Pool features
In Ground
View
Canal, Garden
Waterfront
Canal Front
Waterfront property
Yes

Lot

Lot size
58,806 sqft
Lot size (acres)
1.35 acres
Zoning
2100
Construction

Type & style

Home type
Single Family Residence
Year built
1995
New construction
No

Materials

Construction
CBS
Roof
Barrel
Property condition
Resale
Levels
One
Faces
East
Utilities & green energy

Utilities

Sewer
Public Sewer
Water
Public
Community & HOA

Community

Subdivision
INDIAN BEACH CORP AMD PL
MLS area
2320
55+ community
No

Association

Has association
No
Estimated monthly dues
$0
Amenities
None
Lease details

Not reported by the listing source.

Location

Area details

City
Miami Beach
County
Miami-Dade
ZIP code
33140
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12100926
Possession
Close Of Escrow, Negotiable
Original list price
$42,500,000
Parcel number
0232230020320
Annual property tax
$360,401
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
Additional MLS details

Reported by the listing source

Association Amenities
None
Association
No
Bathrooms Total Decimal
9.5
Bathrooms Total Integer
10
Construction Materials
CBS
County Or Parish
Miami-Dade
Days On Market
23
Direction Faces
East
Elementary School
North Beach
High School
Miami Beach
List Price
39995000
Listing Contract Date
2026-10-05
Lot Size Acres
1.35
Lot Size Area
58650
MLSArea Major
2320
Middle Or Junior School
Miami Beach Nautilus
Mls Status
Active
On Market Date
2026-10-05
Photos Count
4
Postal Code
33140
Price Change Timestamp
2026-10-28T14:38:52Z
Property Sub Type
Single Family Residence
Property Type
Residential
Rooms Total
6
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-10-05T04:00:00Z
Stories Total
1
Subdivision Name
INDIAN BEACH CORP AMD PL
Water Source
Public
Waterfront Features
Canal Front
Tax Annual Amount
360401
Bathrooms Full
9
Pool Private
Yes
Bedrooms Total
9
Bathrooms Half
1

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Oct 5, 2026ListedMIAMI REALTORS® MLS$42,500,000
Oct 28, 2026Price reducedMIAMI REALTORS® MLS$39,995,000

Public tax history

YearProperty taxesAssessment
2025$360,401—

Payment calculator

Estimated monthly payment$257,557/moIllustrative estimate, not a loan offer.
Principal & interest
$207,525
Property taxes
$30,033
Insurance
$19,998
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

INDIAN BEACH CORP AMD PL

Miami Beach · Miami-Dade County · 33140

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

North BeachElementary
—
Miami Beach NautilusMiddle
—
Miami BeachHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of The Firm Properties, LLC.. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.