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5589 Pine Tree Dr

Miami Beach, FL 33140

$11,995,000
BedsBathsLiving AreaYear BuiltDays on Market
36 4,943 sqft  (459 m²) 1924 134

Property Description

DEVELOPERS DREAM ~ 1 ACRE MIAMI BEACH LEGACY ESTATE ON MARKET FOR SALE FOR THE 1ST TIME! Reside on prestigious Pine Tree Drive on approximately 1 acre of rolling lawns with 137 feet on the water. It could be purchased together with the adjacent Lot 5565 Pine Tree Drive and 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 27,850 SF Lots. It could also be purchased as two 1 acre estates to develop 2 Waterfront Estate Villas... or Can be bought together 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#: A10496268Active-Available Home

Property Location

Pricing & Fees

Price Per Square Foot

$2,427

Association Fee

n/a

Taxes

$22,006 (2017)

Property Data & Specs

Pool

Yes

Parking

Driveway

Lot Size

3/4 To Less Than 1 Acre Lot

Pets Allowed

Yes

Pet Restrictions

Dog Ok

View

Water View

Waterfront

Yes

Waterfront Description

Intracoastal Front, Seawall

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305-921-0023

This listing is courtesy of Luxe Living Realty