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Slice RealtyPropiedad Futura

$42,500,000

9 bd · 10 ba · Single Family Residence

4521 Pine Tree Dr, Miami Beach FL 33140

For Sale · Active listing

Est. payment $214,903/mo · Mortgage calculator

Listed by The Firm Properties, LLC. / Adalis Carbo

Contact: 786-916-7393 (listing contact).

Shown through Slice Realty. Requests from this page reach Slice Realty / Propiedad Futura, not the listing agent.

About this home

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.

Facts
MLS #
A12100926
Subdivision
INDIAN BEACH CORP AMD PL
Property type
Residential
Property subtype
Single Family Residence
Year built
1995
Days on market
15
County
Miami-Dade County
Date listed
Oct 5, 2026
Last updated
Oct 20, 2026
Financial considerations
Taxes
$360,401 (2025)
Exterior features
Waterfront
Yes
View
Canal, Garden
Construction
CBS Construction
Roof
Barrel Roof
Additional features
None
Interior features
Heating
Other
Cooling
Central Air
Appliances
Dishwasher, Disposal, Dryer, Refrigerator, Washer
Window features
Skylight
Additional 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
Additional features
Community
None

Mortgage calculator

Includes principal and interest, taxes and insurance.

Rate shown is a default estimate. Confirm with your lender.

Loan amount$34,000,000
Total cost of mortgage$77,365,126
Monthly payment$214,903

Local context (our analysis)

1,883 homes and condos are listed for sale in Miami Beach, at a median list price of $646,500 and $703 per sq ft.

Miami Beach market stats and buildings

Source: Southeast Florida MLS (SEFMLS). Last updated Oct 20, 2026, 3:29 PM ET

Listing data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.