NOT LISTED FOR SALE

4609 Pine Tree Dr Miami Beach, FL 33140

Nautilus Neighborhood

Estimated Value: $3,613,000 - $27,340,746

9 Beds
10.5 Baths
12,750 Sq Ft
$1,214/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $21,750,000 $1,706 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $110,310/month

663 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • In Ground Pool
  • North Beach Elementary School Rated A-
  • Newly Remodeled
  • 5-minute walk to Pinetree Park

About This Home

As of September 2018

This 9 bed, 10.5 bath limestone estate is the latest edition to Pine Tree Drive. Designed with elegance by Cesar Molina, furnishings include Holly Hunt & Christian Liagre, carefully selected wall treatments, millwork & exquisite textiles by Holly Hunt. The residence embodies a refreshing emphasis on the value of meditation with Curmaru wood overhangs and mahogany windows & doors. The tropical modern design blends interiors and exteriors with an expansive courtyard in addition to a two level gazebo with a full kitchen, bathroom, outdoor shower & fireplace.

Last Agent to Sell the Property

Eloy Carmenate

The Corcoran Group License #3008688 Listed on: 12/02/2016

The Corcoran Group

Co-Listed By

Mick Duchon

The Corcoran Group License #3225793

Last Buyer's Agent

Orli Rudolph

Coldwell Banker Realty License #0708335

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $116,730

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 0.99 Acre Lot
  • 105 Ft Wide Lot
  • River Front
  • East Facing Home
  • Property is zoned RS-1

Parking

  • 4 Car Attached Garage
  • Driveway
  • Open Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 12,750 Sq Ft Home
  • 2-Story Property
  • Custom Mirrors
  • Furnished
  • Built-In Features
  • Fireplace
  • Wood Flooring
  • River Views

Kitchen

  • Built-In Oven
  • Microwave
  • Ice Maker

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • Roman Tub

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Property has ocean access
  • Private Dock
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Indian Beach Corp Amd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-23-002-0260

Home Details

Home Type

Single Family

Est. Annual Taxes

$116,730

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Co List Office Mls Id: DEOM15
  • Co List Office Phone: 305-696-6075
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: Indian Beach Corp Amd
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Ice Maker, Microwave, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Custom Mirrors, Roman Tub, Walk-In Closet(s), Other
  • Full Bathrooms: 10
  • Half Bathrooms: 1
  • Total Bedrooms: 9
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Wood
  • Furnished: Furnished
  • Living Area: 12750
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs
  • Living Room Features: Other

Exterior Features

  • Roof: Other
  • View: River
  • Exterior Features: Built-In Grill, Outdoor Shower
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access, River
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Indian Beach Corp Amd
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: Yes
  • Parking Features: Covered, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-23-002-0260
  • Lot Size Sq Ft: 43000
  • Zoning: RS-1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 116730

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2016
Closed on
Sep 28, 2018
Sold by
Lerner Michael
Bought by
Khaled Khaled M M
Seller's Agent
Eloy Carmenate
The Corcoran Group
Buyer's Agent
Orli Rudolph
Coldwell Banker Realty
List Price
$29,500,000
Sold Price
$21,750,000
Premium/Discount to List
-$7,750,000
-26.27%
Current Estimated Value
$15,476,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,273,127
Avg. Annual Appreciation
-3.84%
Original Mortgage
$16,312,500
Outstanding Balance
$10,304,266
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$6,244,939

Purchase Details

Closed on
Apr 1, 2013
Sold by
Kestenor Properties Llc
Bought by
Lerner Michael

Purchase Details

Closed on
Jul 29, 2006
Sold by
Gerszberg Seth
Bought by
Kestenor Properties Llc

Purchase Details

Closed on
Jul 20, 2004
Sold by
Pinetree Pioneer Holdings Llc
Bought by
Gerszberg Seth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,850,000
Interest Rate
6.24%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 13, 2004
Sold by
Duker Sharon and Duker Sharon M
Bought by
Pinetree Pioneer Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,800,000
Interest Rate
6.03%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 31, 1998
Sold by
Eldeb Inc
Bought by
Rosenbaum Elanna

Purchase Details

Closed on
Aug 12, 1998
Sold by
Wamoco Inc
Bought by
Eldeb Inc

Purchase Details

Closed on
Aug 9, 1996
Sold by
Wamoco Inc
Bought by
Duker Sharon
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Khaled Khaled M M $21,750,001 Attorney
Lerner Michael $4,950,000 Attorney
Kestenor Properties Llc $12,100,000 Attorney
Gerszberg Seth $9,000,000 --
Pinetree Pioneer Holdings Llc $5,350,000 --
Rosenbaum Elanna $285,000 --
Eldeb Inc $402,000 --
Duker Sharon $2,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khaled Khaled M M $16,312,500
Previous Owner Lerner Michael $7,040,000
Previous Owner Lerner Michael $7,000,000
Previous Owner Gerszberg Seth $5,850,000
Previous Owner Pinetree Pioneer Holdings Llc $4,800,000
Previous Owner Duker Sharon $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $21,750,000 -16.0% $1,706 / Sq Ft
09/27/2018 09/27/18 Pending -- -- --
03/09/2018 03/09/18 Price Changed $25,900,000 -12.2% $2,031 / Sq Ft
12/02/2016 12/02/16 For Sale $29,500,000 -- $2,314 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $334,214 $18,343,769 -- --
2024 $321,309 $17,826,793 -- --
2023 $321,309 $17,044,592 $0 $0
2022 $310,153 $16,548,148 $0 $0
2021 $309,417 $16,066,164 $6,235,000 $9,831,164
2020 $312,206 $16,167,481 $6,235,000 $9,932,481
2019 $335,274 $17,342,100 $7,310,000 $10,032,100
2018 $318,121 $17,119,220 $6,987,500 $10,131,720
2017 $121,968 $6,066,698 $0 $0
2016 $117,909 $5,515,180 $0 $0
2015 $103,721 $5,013,800 $0 $0
2014 $92,606 $4,558,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eloy Carmenate

    Seller's Agent in 2018

    Eloy Carmenate

    The Corcoran Group

    (305) 395-4982

    2 in this area

    73 Total Sales

    Eloy Carmenate
    Section Image
  • Mick Duchon

    Seller Co-Listing Agent in 2018

    Mick Duchon

    The Corcoran Group

    (305) 395-4982

    2 in this area

    81 Total Sales

    Mick Duchon
    Section Image
  • Orli Rudolph

    Buyer's Agent in 2018

    Orli Rudolph

    Coldwell Banker Realty

    (305) 778-7109

    50 Total Sales

    Orli Rudolph
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10177906

MIAMI REALTORS® MLS

APN: 02-3223-002-0260

Florida Miami/Dade County Miami Beach 33140 Nautilus

4609 Pine Tree Dr, Miami Beach, FL

This home is located at 4609 Pine Tree Dr, Miami Beach, FL 33140 since 02 December 2016 and is currently estimated at $15,476,873, approximately $1,213 per square foot. This property was built in 2016. 4609 Pine Tree Dr is a home located in Miami-Dade County with nearby schools including North Beach Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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