4521 Pine Tree Dr
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 |
|---|---|
| Property Type: | Residential |
| Status: | Active |
| Bathrooms Full: | 9 |
| Tax Annual Amount: | $360,401 |
| Waterfront?: | Yes |
| County Or Parish: | Miami-dade County |
| Postal Code: | 33140 |
| Building Name: | INDIAN BEACH CORP AMD PL |
| Elementary School: | North Beach |
| Flooring: | Other |
| Garage Spaces: | 8 |
| High School: | Miami Beach |
| Interior Features: | First Floor Entry, Cooking Island, Skylight, Vaulted Ceiling(s), Walk-In Closet(s), Atrium, Den/Library/Office, Family Room, Great Room, Maid/In-Law Quarters, Utility Room/Laundry |
| Listing Contract Date: | 2026-10-05 |
| Status: | Active |
| Parking Features: | Covered, Driveway |
| Postal Code Plus4: | 3133 |
| Rooms Total: | 0 |
| State Or Province: | FL |
| Water Source: | Municipal Water |
| Bathrooms Total Integer: | 10 |
| Building Area Units: | Square Feet |
| Carport Spaces: | 0 |
| Construction Materials: | CBS Construction |
| Covered Spaces: | 8 |
| Direction Faces: | East |
| Fireplace?: | Yes |
| Heating?: | Yes |
| Inclusions: | Dock Available, Private Dock |
| Living Area Units: | Square Feet |
| MLS Area Major: | Indian Beach Corp Amd Pl |
| Open Parking?: | Yes |
| Parcel Number: | 02-32-23-002-0320 |
| Possession: | Funding |
| Public Survey Range: | 32 |
| Public Survey Township: | 32 |
| Roof: | Barrel Roof |
| View?: | Yes |
| Window Features: | Skylight |
| Year Built Details: | Resale |
| Zoning: | 2100 |
| Ok To Advertise ListMiamire Ok To Advertise List: | No |
| Pool Dimensions: | 0 |
| Subdivision InformationMiamire Subdivision Information: | No Subdiv/Park Info |
| Room Bedroom Features: | At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level |
| Room Living Room Features: | Atrium, Den/Library/Office, Family Room, Great Room, Maid/In-Law Quarters, Utility Room/Laundry |
| List Price: | $42,500,000 |
|---|---|
| Property Sub Type: | Single Family Residence |
| Bedrooms Total: | 9 |
| Bathrooms Half: | 1 |
| Lot Size Square Feet: | 58,650 |
| Architectural Style: | Detached, One Story |
| City: | Miami Beach |
| Subdivision Name: | Indian Beach Corp Amd Pl |
| Year Built: | 1995 |
| Appliances: | Dishwasher, Disposal, Dryer, Refrigerator, Washer |
| Cooling: | Central Air |
| Exterior Features: | None |
| Fireplace Features: | Fireplace |
| Heating: | Other |
| Laundry Features: | Utility Room/Laundry |
| Lot Features: | 1 To Less Than 2 Acre Lot |
| Middle Or Junior School: | Nautilus |
| Parking Total: | 3 |
| Pool Features: | In Ground |
| Sewer: | Public Sewer |
| Community Features: | None |
| Cooling?: | Yes |
| Frontage Length: | 158 |
| Garage?: | Yes |
| Listing Terms: | All Cash, Conventional |
| Lot Size Units: | Square Feet |
| Original List Price: | $42,500,000 |
| Public Survey Section: | 23 |
| Structure Type: | House |
| Tax Year: | 2025 |
| View: | Canal, Garden |
| Waterfront Features: | WF/Pool/No Ocean Access, Canal Front |
| AreaMiamire Area: | 32 |
| Pool Yn: | Yes |
| RestrictionsMiamire Restrictions: | Other Restrictions |
| StyleMiamire Style: | WF/Pool/No Ocean Access |
| Type Of AssociationMiamire Typeof Association: | None |
| Room Dining Room Features: | Breakfast Area, Formal Dining, Snack Bar/Counter |
| Room Master Bathroom Features: | Bidet, Dual Sinks, Separate Tub & Shower |
Listing Courtesy of: The Firm Properties, LLC.
786-916-7393
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Copyright 2026 MIAMI REALTORS® MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.
MIAMI REALTORS® MLS data last updated on October 08, 2026 09:53 PM - PT
Property Last Updated: October 08, 2026 09:53 PM - PT



