NOT LISTED FOR SALE

Estimated Value: $3,809,000 - $27,569,176

12 Beds
14.5 Baths
19,530 Sq Ft
$803/Sq Ft Est. Value

Last Sold June 01, 2022

Last sale price $27,720,000 $1,419 Per Sq Ft

Est. 43% decrease in value since last sale

Current estimated payment $116,612/month

127 Days on Market

Highlights

  • Ocean Front
  • Deeded Boat Dock
  • Boat Lift
  • North Beach Elementary School Rated A-
  • Guest House
  • Tennis Courts

About This Home

As of June 2022

A magnificent gated estate - Villa Sole is designed for palatial living on Miami Beach’s storied Pine Tree Drive, with views over Indian Creek and glimpses of the ocean beyond. On an oversized 44,000 square foot lot with 100 feet of water frontage, the 19,530 square foot home is rich in architectural details, including twin grand staircases, a stately great hall to rival any castle, intricate tilework and moldings, and stones from around the world. Unique features include a velvet-paneled home theater complete with miniature box office, a palatial master suite, two pools, a lighted tennis/basketball court, two guest apartments, a billiards room and bar, and a full hair salon.

Last Agent to Sell the Property

Oren Alexander

MMLS Assoc.-Inactive Member License #3296414 Listed on: 01/24/2022

Last Buyer's Agent

Oren Alexander

MMLS Assoc.-Inactive Member License #3296414 Listed on: 01/24/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $159,055

Year Built

  • Built in 2005

Lot Details

  • 1.01 Acre Lot
  • 100 Ft Wide Lot
  • Ocean Front
  • East Facing Home
  • Property is zoned 2200

Parking

  • 4 Car Garage
  • 6 Attached Carport Spaces
  • Automatic Garage Door Opener
  • Driveway
  • Open Parking

Property Views

  • Direct Ocean
  • Pool

Home Design

  • Mediterranean Architecture
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 19,530 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Custom Mirrors
  • Built-In Features
  • Bar
  • Sliding Windows
  • Great Room
  • Formal Dining Room
  • Media Room
  • Den
  • Sun or Florida Room
  • Storage Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Marble
  • Terrazzo

Bedrooms and Bathrooms

  • 12 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Doors

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Boat Lift
  • Deeded Boat Dock
  • Tennis Courts
  • Deck
  • Patio
  • Exterior Lighting
  • Shed
  • Outdoor Grill

Additional Homes

  • Guest House
  • Guest House Includes Living Room
  • Guest House Includes Kitchen

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Indian Beach Corp Amd Pl Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-23-002-0241

Home Details

Home Type

Single Family

Est. Annual Taxes

$159,055

Year Built

Built in 2005

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story, Mediterranean
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Private Dock, Dock Owned/Included,Lift,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: INDIAN BEACH CORP AMD PL
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_GuestHouseDescription: Kitchen, Living Room
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Bar, Built-in Features, Closet Cabinetry, Cooking Island, Custom Mirrors, Elevator, Pantry, Split Bedroom, Walk-In Closet(s), Wet Bar, Den/Library/Office, Family Room, Florida Room, Great Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Media Room, Storage, Utility Room/Laundry
  • Accessibility Features: Accessible Elevator Installed, Accessible Doors
  • Full Bathrooms: 14
  • Half Bathrooms: 1
  • Total Bedrooms: 12
  • Door Features: High Impact Doors
  • Flooring: Marble, Terrazzo
  • Furnished: Unfurnished
  • Living Area: 19530
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Possible Use: Unknown/Withheld
  • Window Features: High Impact Windows, Impact Glass, Sliding
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Family/Dining Combination, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Florida Room, Great Room, Separate Guest/In-Law Quarters, Guest House, Maid/In-Law Quarters, Media Room, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Shingle
  • View: Ocean, Direct Ocean, Pool
  • Exterior Features: Barbeque, Built-In Grill, Lighting, Tennis Court(s)
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Other Structures: Extra Building/Shed, Guest House
  • Patio And Porch Features: Deck, Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: INDIAN BEACH CORP AMD PL
  • Carport Spaces: 6
  • Covered Parking Spaces: 10
  • Garage Spaces: 4
  • Open Parking: Yes
  • Parking Features: Attached Carport, Driveway, Slab/Strip

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Alarm, Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-23-002-0241
  • Lot Size Sq Ft: 43900
  • Zoning: 2200
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 159055

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2022
Closed on
Jun 1, 2022
Sold by
Meyerson Joel J and Meyerson Amended
Bought by
4701 Pine Tree Drive Land Trust and 4701 Pine Tree Drive Llc
Seller's Agent
Oren Alexander
MMLS Assoc.-Inactive Member
Buyer's Agent
Oren Alexander
MMLS Assoc.-Inactive Member
List Price
$31,000,000
Sold Price
$27,720,000
Premium/Discount to List
-$3,280,000
-10.58%
Current Estimated Value
$15,689,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,030,912
Avg. Annual Appreciation
-14.48%
Original Mortgage
$16,632,000
Outstanding Balance
$15,385,836
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$303,252

Purchase Details

Closed on
Dec 16, 2015
Sold by
J Meyerson Marital Trust
Bought by
The Amended & Restated Tamara Meyerson T

Purchase Details

Closed on
May 29, 2012
Sold by
Meyerson Joel and Meyerson Tamara Fox
Bought by
Meyerson Joel and Meyerson Tamara Fox

Purchase Details

Closed on
Jul 5, 2001
Sold by
J W Tutt Iii I
Bought by
Robert Gray Properties

Purchase Details

Closed on
Mar 3, 1999
Sold by
Wamoco Inc
Bought by
Robert Gray Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
6.79%
Mortgage Type
Commercial
Source: Public Records
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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
4701 Pine Tree Drive Land Trust $27,720,000 None Listed On Document
4701 Pine Tree Drive Land Trust $27,720,000 None Listed On Document
The Amended & Restated Tamara Meyerson T -- Attorney
Meyerson Joel -- Attorney
T Meyerson Family Trust $353,700 Attorney
J Meyerson Marital Trust $353,700 Attorney
Robert Gray Properties $100 --
Robert Gray Properties Inc $2,499,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 4701 Pine Tree Drive Land Trust $16,632,000
Closed 4701 Pine Tree Drive Land Trust $16,632,000
Previous Owner Robert Gray Properties Inc $675,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2022 06/01/22 Sold $27,720,000 -10.6% $1,419 / Sq Ft
01/24/2022 01/24/22 For Sale $31,000,000 -- $1,587 / 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 $424,618 $21,180,777 $13,170,000 $8,010,777
2024 $427,887 $22,596,545 $14,487,000 $8,109,545
2023 $427,887 $22,643,460 $14,487,000 $8,156,460
2022 $164,819 $8,813,180 $0 $0
2021 $164,419 $8,556,486 $0 $0
2020 $162,573 $8,438,350 $0 $0
2019 $159,056 $8,248,632 $0 $0
2018 $151,445 $8,094,831 $0 $0
2017 $150,202 $7,928,336 $0 $0
2016 $150,047 $7,765,266 $0 $0
2015 $151,978 $7,711,287 $0 $0
2014 $154,613 $7,650,087 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11148837

MIAMI REALTORS® MLS

APN: 02-3223-002-0241