4521 Pine Tree Drive
Miami Beach, FL 33140
$42,500,000
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 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 plans; 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 Id: | A12100926 |
|---|---|
| List Price: | $42,500,000 |
| Property Type: | Residential |
| Type: | SingleFamilyResidence |
| Status: | Active |
| Total Bedrooms: | 9 |
| Full Baths: | 9 |
| Half Baths: | 1 |
| Taxes: | $360,401 |
| Acres: | 1.35 |
| Design: | Other |
| Waterfront: | Yes |
| City: | Miami Beach |
| County: | Miami-dade |
| Zip Code: | 33140 |
| Year Built: | 1995 |
| Area: | 2320 |
| Carport Spaces: | 0.0 |
| Cooling: | CentralAir |
| Elementary School: | North Beach |
| Exterior Features: | None |
| Flooring: | Other |
| Garage Spaces: | 8.0 |
| Heating: | Other |
| High School: | Miami Beach |
| Interior Features: | BreakfastBar, Bidet, BreakfastArea, Bathtub, DiningArea, SeparateFormalDiningRoom, DualSinks, KitchenIsland, MainLevelPrimary, SoakingTub, SeparateShower, VaultedCeilings, WalkInClosets |
| Possession: | CloseOfEscrow, Negotiable |
| Roof: | Barrel |
| State/Province: | FL |
| Subdivision: | Indian Beach Corp Amd Pl |
| Tax Year: | 2025 |
| Total Floors/Stories: | 1 |
| View: | Canal, Garden |
| Zoning: | 2100 |
| Appliances: | Dryer, Dishwasher, Disposal, Refrigerator, Washer |
| Association Amenities: | None |
| Bathrooms Total Integer: | 10 |
| Construction Materials: | CBSConcreteBlockStructure, Block |
| Cooling?: | Yes |
| Covered Spaces: | 8.0 |
| Cumulative Days On Market: | 1 |
| Direction Faces: | East |
| Entry Level: | 1 |
| Fireplace?: | Yes |
| Frontage Length: | 158.00 |
| Frontage Type: | Waterfront |
| Garage?: | Yes |
| Heating?: | Yes |
| Levels: | One |
| Listing Agreement: | ExclusiveRightToSell |
| Listing Terms: | Cash, Conventional |
| Lot Features: | OneToTwoAcres |
| Lot Size Area: | 58650.0 |
| Middle Or Junior School: | Miami Beach Nautilus |
| Mobile Dim Units: | Feet |
| Current Price: | $42,500,000.00 |
| Original List Price: | $42,500,000 |
| Country Subdivision: | 12025 |
| Frontage Length Remarks: | 158.00 |
| Other Parking: | CarportSpaces:0.00 |
| Parcel Number: | 0232230020320 |
| Parking Features: | Covered, Driveway |
| Parking Total: | 3 |
| Record Signature: | -859,071,501 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:12025:0232230020320 |
| Pool Features: | InGround |
| Pool Private?: | Yes |
| Postal City: | Miami Beach |
| Postal Code Plus4: | 3133 |
| Property Condition: | Resale |
| Public Survey Township: | 2 |
| Rooms Total: | 6 |
| Sewer: | PublicSewer |
| Special Listing Conditions: | ListedAsIs |
| View?: | Yes |
| Waterfront Features: | CanalFront |
| Water Source: | Public |
| Window Features: | Skylights |
| Basement Yn: | No |
| Listing Contract Date: | 2026-10-05 |
| Stories Total: | 1 |
| Property Sub Type Additional: | SingleFamilyResidence |
Listing Courtesy of: The Firm Properties, LLC.
Listing Agent: Adalis Carbo
786-916-7393
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BeachesMLS data last updated on October 08, 2026 05:11 PM - ET
Property Last Updated: October 08, 2026 05:11 PM - ET



