Price Reduced ListingAn 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.
| MLS # | A12100926 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1995 |
| Days On Site | 27 |
| Listing Provided By | The Firm Properties, LLC. | Adalis Carbo |
| Bed(s) | 9 |
|---|---|
| Bath(s) | 10 Total |
| Garage | 8 |
| Pool | Yes |
| Story(s) | 1 |
| Zoning | 2100 |
| Acreage | 1.35 |
| Water Front | Yes |
| Property View | Yes |
| Lot Features | One To Two Acres |
|---|
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Covered, Driveway |
| Tax Annual Amount | 360401 |
|---|
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami Beach |
| Zip Code | 33140 |
| Area | 2320 |
| Community Name | INDIAN BEACH CORP AMD PL |
| Listing VS Median (in INDIAN BEACH CORP AMD PL) | |
Price: $39,995,000 low | high Med: $75,000 On site: 27 low | high Med: 711 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami Beach |
| Zip Code | 33140 |
| Area | 2320 |
| Community Name | INDIAN BEACH CORP AMD PL |
| Listing VS Median (in INDIAN BEACH CORP AMD PL) | |
Price: $39,995,000 low | high Med: $75,000 On site: 27 low | high Med: 711 | |
![]() | $36,500,0004395 Pine Tree DriveMiami Beach, FL 33140 |