Seller's Agent in 2018
Eloy Carmenate
The Corcoran Group
(305) 395-4982
2 in this area
69 Total Sales
4609 Pine Tree Dr Miami Beach, FL 33140
Nautilus NeighborhoodEstimated Value: $3,564,000 - $26,398,264
9
Beds
10.5
Baths
12,750
Sq Ft
$1,175/Sq Ft
Est. Value
Highlights
- Property has ocean access
- Private Dock
- In Ground Pool
- North Beach Elementary School Rated A-
- Built in 2016 | Newly Remodeled
- 5-minute walk to Pinetree Park
About This Home
As of September 2018This 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
The Corcoran Group License #3008688 Listed on: 12/02/2016
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,478,658
Avg. Annual Appreciation
-4.99%
Original Mortgage
$16,312,500
Outstanding Balance
$10,131,646
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$4,849,486
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
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
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 | 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 | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
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
-
Mick Duchon
Seller Co-Listing Agent in 2018
Mick Duchon
The Corcoran Group
(305) 395-4982
2 in this area
78 Total Sales
-
Orli Rudolph
Buyer's Agent in 2018
Orli Rudolph
Coldwell Banker Realty
(305) 778-7109
51 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A10177906
APN: 02-3223-002-0260
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