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 Provided Courtesy of The Firm Properties, LLC. at 786-916-7393
Property Details
Price:
$39,995,000
MLS #:
A12100926
Status:
Active
Beds:
9
Baths:
9.5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
INDIAN BEACH CORP AMD PL
Neighborhood:
2320
Listed Date:
Oct 5, 2026
Lot Size:
2,554,794,000 sqft / 1.35 acres (approx)
Year Built:
1995
See this Listing
Schools
Elementary School:
North Beach
Middle School:
Miami Beach Nautilus
High School:
Miami Beach
Interior
Appliances
Dishwasher, Disposal, Dryer, Refrigerator, Washer
Bathrooms
9 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Other
Heating
Other
Interior Features
Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s)
Levels
One
Exterior
Association Amenities
None
Construction Materials
CBS
Covered Spaces
8
Direction Faces
East
Exterior Features
None
Garage Spaces
8
Parking Features
Covered, Driveway
Roof
Barrel
View
Canal, Garden
Waterfront Features
Canal Front
Window Features
Skylight(s)
Financial
Tax Year
2025
Taxes
$360,401
Map
Community
- Address4521 Pine Tree Drive Miami Beach FL
- SubdivisionINDIAN BEACH CORP AMD PL
- CityMiami Beach
- CountyMiami-Dade
- Zip Code33140
Market Summary
Current real estate data for Single Family in Miami Beach as of Nov 01, 2026
250
Single Family Listed
155
Avg DOM
1,991
Avg $ / SqFt
$10,734,483
Avg List Price
Property Summary
- Located in the INDIAN BEACH CORP AMD PL subdivision, 4521 Pine Tree Drive Miami Beach FL is a Single Family for sale in Miami Beach, FL, 33140. It is listed for $39,995,000 and features 9 beds, 10 baths, and has approximately 0 square feet of living space, and was originally constructed in 1995. The average price per square foot for Single Family listings in Miami Beach is $1,991. The average listing price for Single Family in Miami Beach is $10,734,483.
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