NOT LISTED FOR SALE

5111 Pine Tree Dr Miami Beach, FL 33140

La Gorce Neighborhood

Estimated Value: $4,412,000 - $13,711,656

9 Beds
8 Baths
10,271 Sq Ft
$745/Sq Ft Est. Value

Sale Details

Date Sold: April 27, 2012

Last sale price $8,500,000 $828 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $49,856 / mo

292 Days on Market

Highlights

  • 170 Feet of Waterfront
  • Active Adult
  • Main Floor Primary Bedroom
  • In Ground Pool
  • Canal View
  • No HOA

About This Home

As of April 2012

This exceptinal property is truly a one of a kind opportunity to purchase a 1929 Estate with 170ft of waterfrontage on Indian Creek with the possibility of adding additional 100' (lot asking $2,750,000) of adjoining lot which would equal almost 2.7 acres. This 9 bedroom 8 bath tropically landscaped Mansion exhibits its old world craftsmanship and detail throughout, with pool, gym, tennis and basketball court on centrally located and prestigious Pinetree Dr.

Last Agent to Sell the Property

Kenneth Raymond

BHHS EWM Realty License #0613345 Listed on: 04/17/2011

Last Buyer's Agent

Rafael Arias

One Sotheby's International Realty License #0607359

One Sotheby's International Realty
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $124,469

Year Built

  • Built in 1929

Lot Details

  • Lot Dimensions are 84x 374
  • 170 Feet of Waterfront
  • Home fronts a canal
  • East Facing Home
  • Property is zoned 21/EST 1

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 10,271 Sq Ft Home
  • 2-Story Property
  • Sliding Windows
  • Formal Dining Room
  • Canal Views

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Primary Bedroom on Main
  • 8 Full Bathrooms

Parking

  • Covered Parking
  • Circular Driveway

Outdoor Features

  • In Ground Pool
  • No Fixed Bridges

Utilities

  • Central Heating and Cooling System

Community Details

  • Active Adult
  • No Home Owners Association
  • Beach View Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0232140030020

Home Details

Home Type

Single Family

Est. Annual Taxes

$124,469

Year Built

Built in 1929

Lot Details

1.58 Acres

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1929
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Main Level Primary, Other
  • Furnished: Unfurnished
  • Full Bathrooms: 8
  • Total Bedrooms: 9
  • Flooring: Other
  • Living Area: 10271.0
  • Stories: 2
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Other
  • View: Canal
  • Road Frontage Type: Waterfront
  • Lot Features: 1-2 Acres
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Front, No Fixed Bridges
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Garage Yn: No
  • Parking Features: Circular Driveway, Covered, Driveway

Utilities

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

Condo/Co-op/Association

  • Senior Community: Yes
  • Amenities: Other
  • Association: No

Lot Info

  • Parcel #: 0232140030020
  • Lot Size: 84X 374
  • Mobile Dim Units: Feet
  • Zoning: 21/EST 1

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 124469.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2019
Sold by
Jcb Miami Llc
Bought by
Current Estimated Value
$7,649,552

Purchase Details

Closed on
Mar 8, 2017
Sold by
Meruelo Richard and Meruelo Maria
Bought by
Jcb Miami Llc

Purchase Details

Closed on
Jan 30, 2015
Sold by
Contemporary Contractors Of Florida Inc
Bought by
Meruelo Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Listed on
Apr 17, 2011
Closed on
Apr 25, 2012
Sold by
Al Jumaa Inc
Bought by
Meruelo Richard and Meruelo Maria
Seller's Agent
Kenneth Raymond
BHHS EWM Realty
Buyer's Agent
Rafael Arias
One Sotheby's International Realty
List Price
$8,900,000
Sold Price
$8,500,000
Premium/Discount to List
-$400,000
-4.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.73%
Original Mortgage
$6,375,000
Interest Rate
4.13%
Mortgage Type
Unknown
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in La Gorce, FL

  • Mara Boccolini Real Estate Agent - South Beach Estates, LLC

    Mara Boccolini

    South Beach Estates, LLC

    (786) 882-6856

    62 Total Sales

    3 in La Gorce

    $2,235,000 Price Range

    Mara Boccolini
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  • Bruce Jordan Real Estate Agent - One Sotheby's International Realty

    Bruce Jordan

    Responds Quickly

    One Sotheby's International Realty

    (786) 706-0113

    21 Total Sales

    4 in La Gorce

    $1.6M - $2.7M Price Range

    Bruce Jordan
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  • CLIFFORD BERMAN Real Estate Agent - Berger Realty Group Inc

    CLIFFORD BERMAN

    Berger Realty Group Inc

    (561) 794-3251

    19 Total Sales

    2 in La Gorce

    $5,195,000 Price Range

    CLIFFORD BERMAN
     Section Image
  • Silvia Yaniz Real Estate Agent - One Sotheby's International Realty

    Silvia Yaniz

    One Sotheby's International Realty

    (855) 743-1994

    38 Total Sales

    1 in La Gorce

    $3,515,000 Price

    Silvia Yaniz
     Section Image
  • Taryn Pisaneschi Real Estate Agent - EXP Realty LLC

    Taryn Pisaneschi

    EXP Realty LLC

    (561) 621-1077

    70 Total Sales

    2 in La Gorce

    $4.9M - $9.5M Price Range

    Taryn Pisaneschi
     Section Image
  • Anat Perets Real Estate Agent - The Corcoran Group

    Anat Perets

    The Corcoran Group

    (786) 668-2646

    20 Total Sales

    2 in La Gorce

    $4,450,000 Price Range

    Anat Perets
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$10,715,000 Attorney
Jcb Miami Llc $12,119,000 Attorney
Meruelo Stephen $110,000 Rte Title Company
Meruelo Richard $8,500,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $3,000,000
Previous Owner Meruelo Stephen $70,000
Previous Owner Meruelo Richard $6,375,000
Previous Owner Al Jumaa Inc $3,200,000
Previous Owner Al Jumaa Inc $2,200,000
Previous Owner Alfassi Tarek $2,800,000
Previous Owner Al Jumaa Inc $1,734,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/27/2012 04/27/12 Sold $8,500,000 -4.5% $828 / Sq Ft
02/03/2012 02/03/12 Pending -- -- --
04/17/2011 04/17/11 For Sale $8,900,000 -- $867 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $344,884 $16,042,942
2024 $323,215 $14,584,493
2023 $323,215 $13,258,630 $0 $0
2022 $226,473 $12,053,300 $12,053,300 $0
2021 $166,167 $8,606,056 $8,606,056 $0
2020 $196,012 $10,124,772 $10,124,772 $0
2019 $196,203 $10,124,772 $10,124,772 $0
2018 $194,274 $10,331,400 $10,331,400 $0
2017 $87,505 $4,635,946 $0 $0
2016 $89,973 $4,672,531 $0 $0
2015 $91,130 $4,640,051 $0 $0
2014 $92,709 $4,603,226 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • KR

    Seller's Agent in 2012

    Kenneth Raymond

    BHHS EWM Realty

  • RA

    Buyer's Agent in 2012

    Rafael Arias

    One Sotheby's International Realty

    (786) 543-7873

    4 Total Sales

    Rafael Arias
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: M1496222

BeachesMLS (Greater Fort Lauderdale)

APN: 02-3214-003-0020

Florida Miami/Dade County Miami Beach 33140 La Gorce

5111 Pine Tree Dr, Miami Beach, FL

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.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively 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.

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