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5565/5589 Pine Tree Dr

Miami Beach, FL 33140

$23,990,000
BedsBathsLiving AreaYear BuiltDays on Market
1013.5 11,356 sqft  (1,055 m²) 1925 136

Property Description

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.
MLS#: A10488686Active-Available Home

Property Location

Pricing & Fees

Price Per Square Foot

$2,113

Association Fee

n/a

Taxes

$156,171 (2017)

Property Data & Specs

Pool

Yes

Parking

Driveway

Lot Size

3/4 To Less Than 1 Acre Lot

Pets Allowed

Yes

Pet Restrictions

None

View

Ocean View, Water View

Waterfront

Yes

Waterfront Description

Intracoastal Front, No Fixed Bridges

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305-921-0023

This listing is courtesy of Luxe Living Realty