See Home Value
$13,987,944*
House - Off Market

4721 Pine Tree Dr

Miami Beach, FL 33140
bedrooms
Studio
bathrooms
0 Bath
$9,900,000 - $12,100,000
Reference Base Price*
27.16%
Since Nov 1, 2021
FL-Miami
Primary Model
Sold Feb 19, 2021
$10,750,000
$16,000,000 by City National Bank Of Florida
Mortgage Due Sep 01, 2052
Sold Dec 29, 2012
Transfer

About This Property

This 43,900 SqFt. Bayfront estate lot provides a rare development opportunity to build your own waterfront haven located on luxurious estate section of Pine Tree Drive, one of the most coveted streets in Miami Beach. The lot has the ability to yield a residence of over 20,000 SqFt., and includes 100 ft of water frontage on Indian Creek, the deepest waterway in Miami allowing for Yachts of any size as well as quick access to Biscayne Bay.
Unit Size
-
Days on Market
-
Land Size
1.01 acres
Price per sqft
-
Property Type
House
Property Taxes
$12,063
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Jan 17, 2021 In contract -
In contract
Oct 7, 2020 Listed $11,000,000
Listed

Property Highlights

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Roof Cover Type: Composition shingle
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,900
  • Lot Size Depth Feet: 4,390
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Subdivision: INDIAN BEACH CORP AMD PL
  • Land Acres: 1.008
  • Standard Land Use Code: Residential-vacant land
  • State Land Use Code: Miscellaneous (general)
  • Legal Description 1: 23 53 42 INDIAN BEACH CORP AMD PL PB 8-61 LOT 34 LOT SIZE 100.000 X 439 OR 18501-4734 0299 2

Ownership

  • Current Owner : BUERSTEDDE FRANZ
  • Current Owner 2: BUERSTEDDE BRITTANY PELTZ
  • Previous Owner : MEYERSON JOEL J
  • Previous Owner 2: MEYERSON SUCCESSION TRUST
  • Owner Before Previous Owner: T MEYERSON FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI BEACH
  • Census Tract: 004000

Zoning

  • Zoning: 2200

Geography

  • Assessors Map Reference: 177
  • District: 02
  • Parcel: 02-3223-002-0240
  • Lot: 34
  • Meridian: SEC 23 TWN 53S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.8222
  • Longitude: -80.1251

    Address

  • Full Address: 4721 Pine Tree Dr
  • Address - House Number: 4721
  • Address - Street Name: Pine Tree
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C017
  • 4-Digit Zip Code: 3136
  • Zip Code: 33140

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $217,933
  • Tax Rate Code Area: 200

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $16,000,000
  • First Open Lien Mortgage Lender: CITY NATIONAL BANK OF FLORIDA
  • First Open Lien Mortgage Recording Date: Sep 09, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $16,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2052

    Market Valuation

  • Market Total Value: $14,493,626
  • Market Land Value: $14,487,000
  • Market Improvement Value: $6,626

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,906,823

    Sales

  • Current Sale Contract Date: Jan 28, 2021
  • Current Sale Recording Date: Feb 19, 2021
  • Current Sale Transaction ID: 11823552752
  • Current Sale Price: $10,750,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0130212
  • Previous Sale Recording Date: Dec 29, 2012
  • Previous Sale Contract Date: Dec 06, 2012
  • Previous Sale Document Type: Special Warranty Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Quadruplex
Stu
-
4,909 ft²
$2,200/ft²
$10,800,000 Jan 15, 2022
-
$1,290/mo
House
5 Beds
5.5 Baths
4,862 ft²
$2,242/ft²
$10,900,000 Jun 17, 2022
-
-
House
5 Beds
4.5 Baths
3,496 ft²
$3,275/ft²
$11,450,000 Nov 1, 2022
-
$5,565/mo
House
9 Beds
9.5 Baths
7,360 ft²
$1,698/ft²
$12,500,000 Oct 15, 2022
-
$3,383/mo

About Nautilus


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Frequently Asked Questions

When was property at 4721 Pine Tree Drive built and last sold?
The property at 4721 Pine Tree Drive was built in and last sold on Jan 28, 2021 for $10,750,000.
How much is this home worth?
The estimated value of the home located at 4721 Pine Tree Drive is $11,110,000.
What are some comparable homes to 4721 Pine Tree Drive?
There are currently no comparable homes to 4721 Pine Tree Drive.

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