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5565/5589 Pine Tree Dr

Mid Beach / Miami Beach

$21,000,000 USD 12.5% Reduced $2,990,000

$21,000,000
12.5% Reduced $2,990,000

1.92 Acres

5565/5589 Pine Tree Dr

Mid Beach / Miami Beach

$21,000,000
12.5% Reduced $2,990,000

1.92 Acres Disagree?

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Property Highlights

  • MLS# : A10488671
  • Listing Type : Land
  • Subdivision : Beach View Sub, Pine Tree Drive
  • Days on Market : 751
  • Status : Active
  • Development : Beach View Sub
  • Waterfront : Yes

Property Details

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.

General Information
  • Acres: 1.92
  • Lot Description: 1 To Less Than 2 Acre Lot, Build To Suit
  • Zoning: 0800
  • Front Faces: East
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Natural Gas Available
  • Front Faces: East
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Natural Gas Available
Boating and Water Information
  • Waterfront: Yes
    Fees and Membership
    • Tax Amount: $169,171
    • Tax Year: 2019
    • Tax Year: 2019

    Listing Courtesy of Luxe Living Realty.

    Mid Beach Market Stats

    Estimated Values

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    Jeff Lichtenstein's Echo Fine Properties

    Echo Fine Properties

    C 561-500-ECHO

    O 561-500-ECHO

    F 561-277-2500

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    Jeff Lichtenstein's Echo Fine Properties

    ECHO FINE PROPERTIES

    C 561-500-3246

    O 561-500-3246

    F 561-277-2500

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