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5860 Pine Tree Dr
About This Property
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 10, 2026 | Listed by BHHS EWM Realty | $4,450,000 | |
| Listed by BHHS EWM Realty | |||
| Nov 26, 2025 | Listed | $5,450,000 | |
| Listed | |||
| | |||
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On one of Miami Beach’s most coveted addresses, this Pine Tree Drive jewel blends classic Mediterranean charm with effortless indoor-outdoor living. The layout flows seamlessly from sun-filled spaces inside, to the lush outdoor gardens and courtyards reminiscent of a European villa. The pool has southern exposure, granting the private oasis sunshine throughout the day. The home features warm finishes and an architectural elegance that simply cannot be remastered today. The chef's kitchen is massive, with a gas Viking stove as the center piece. A central courtyard connects the foyer, living room, dining room, and den, creating a harmonious flow to every space. Upstairs the oversized bedrooms all have en-suite bathrooms and spacious closets. Blending old world Mediterranean character with modern flexibility, the home can be customized effortlessly to meet any vision. 2 car garage, storage spaces, and electric charging capabilities.
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| Feb 27, 2008 | Sold | ||
| Sold | |||
| Oct 6, 2003 | Sold | ||
| Sold | |||
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About La Gorce
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$5,500 /mo
- 1 Bed
- 1 Bath
- 820 ft²
$7,000 /mo
- 3 Beds
- 2 Baths
- 1,700 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017