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$9,990,000

Beds
8
Baths
7.0
sq ft
6,458

5681 Pine Tree Dr, Miami Beach, FL 33140

5681 Pine Tree Dr

Miami Beach, FL 33140

  • 105 days on market
    • Price drop $1,910,000↓
Enjoy living in this exquisite waterfront historic estate on prestigious Pine Tree Dr. A picturesque garden courtyard greets you as you enter this grand 8 bedroom, 6 full bathroom and 2 half bathroom residence. The interior has been stripped down to a blank canvas for you to design your dream home while keeping the incredible bones of the estate. Large flow-through windows and high ceilings bring in an abundance of natural light. This 8,578 total square foot home features 76 feet of prime waterfrontage, sparkling views of the bay, coffered ceilings, new roof with handmade spanish tiles and balconies off the bedrooms overlooking the water. The outdoor area features a private dock with a boat lift and large pool.

Details

Property type

Single Family Residence

Est. home value

$10,378,263

Lot size

0.3 acres

Price per sq ft

$1,547

Year built

1935

Annual property taxes

$149,265

Price History

05/26/2024
SEF

SEF #A11553403

Listed
$9,990,000
05/14/2024
SEF

SEF #A11553403

Pending
$9,990,000
04/25/2024
SEF

SEF #A11553403

Price change
$9,990,000
-16.05%

Schools & Community

Neighborhood: 

La Gorce

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Fuse 10 Llc

Loan start date

October 2021

Original loan amount

$7,000,000

Est. remaining balance

Not provided

Interest rate

2.87%

Loan type

Commercial

Seller

5681 Pine Tree Drive Llc

Lender

Fuse 10 Llc

Loan start date

October 2021

Original loan amount

$7,000,000

Est. remaining balance

Not provided

Interest rate

2.87%

Loan type

Commercial

Seller

5681 Pine Tree Drive Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/02/2024 at 7:15 PM

Listing updated: 06/05/2024 at 12:34 PM

Listed by: Daniel Hertzberg, Coldwell Banker Realty Phone #: (305) 672-6300

MLS: SEF #A11553403

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