NOT LISTED FOR SALE

5245 Pine Tree Dr Miami Beach, FL 33140

La Gorce Neighborhood

Estimated Value: $7,179,000 - $10,243,949

5 Beds
5.5 Baths
6,972 Sq Ft
$1,269/Sq Ft Est. Value

Last Sold May 18, 2018

Last sale price $5,150,000 $739 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $55,639/month

43 Days on Market

Highlights

  • Property has ocean access
  • Deeded Boat Dock
  • In Ground Pool
  • North Beach Elementary School Rated A-
  • Property fronts an intracoastal waterway
  • Sitting Area In Primary Bedroom

About This Home

As of May 2018

Amazing opportunity to buy this Pine Tree modern waterfront home at an undervalued price.
This home is a blank canvas and ready to be renovated. Over 7,000 sqft, 4 bedrooms, 4.5 Bathrooms plus a separated in-law quarters with kitchenette. Approximately 15,000 sqft lot with 75 ft of open water coastal.
This home comes with: Permit, plans, renderings, $150,000 worth of brand new kitchen cabinets and $70,000 worth of brand new bathrooms cabinets and sinks.
Best value waterfront home on Miami Beach!

Last Agent to Sell the Property

Michel Bitton

Douglas Elliman License #0672724 Listed on: 02/22/2018

Douglas Elliman

Last Buyer's Agent

Mick Duchon

The Corcoran Group License #3225793

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $123,992

Year Built

  • Built in 2010 | Under Construction

Lot Details

  • 0.34 Acre Lot
  • 75 Ft Wide Lot
  • Property fronts an intracoastal waterway
  • East Facing Home
  • Property is zoned 0800

Parking

  • 4 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 6,972 Sq Ft Home
  • Family Room
  • Sun or Florida Room
  • Concrete Flooring
  • Intracoastal Views
  • High Impact Door

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Maid or Guest Quarters
  • In-Law or Guest Suite

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Canal Width is 121 Feet or More
  • Deeded Boat Dock
  • Deck

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • Beach View Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-14-003-0120

Home Details

Home Type

Single Family

Est. Annual Taxes

$123,992

Year Built

Built in 2010 | Under Construction

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2010
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Three Or More Stories, Multi Level
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Dock,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: BEACH VIEW SUB
  • Year Built Details: Under Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: First Floor Entry, Elevator, Family Room, Florida Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Flooring: Concrete
  • Furnished: Unfurnished
  • Living Area: 6972
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Primary Bedroom, Primary Bedroom Upstairs
  • Living Room Features: Family Room, Florida Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters

Exterior Features

  • Roof: Concrete
  • View: Intracoastal View
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Patio And Porch Features: Deck
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: Under Construction
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Width 121 Feet Or More, Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: BEACH VIEW SUB
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: Yes
  • Parking Features: Covered, Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Additional Amenities

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-14-003-0120
  • Lot Size Sq Ft: 14640
  • Zoning: 0800
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 123992

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2022
Sold by
Chris Preziosi
Bought by
Preziosi Chris and Losada Claudia Marcela
Current Estimated Value
$8,850,650

Purchase Details

Listed on
Feb 22, 2018
Closed on
May 14, 2018
Sold by
Mancini Mary Ann
Bought by
Preziosi Chris
Seller's Agent
Michel Bitton
Douglas Elliman
Buyer's Agent
Mick Duchon
The Corcoran Group
List Price
$5,600,000
Sold Price
$5,150,000
Premium/Discount to List
-$450,000
-8.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%

Purchase Details

Listed on
Apr 28, 2014
Closed on
Jul 27, 2015
Sold by
Gutierrez Carlos M and Gutierrez Edilia Cabrera
Bought by
Mancini Mary Ann
Seller's Agent
Esther Percal
BHHS EWM Realty
Buyer's Agent
Michel Bitton
Douglas Elliman
List Price
$13,500,000
Sold Price
$7,900,000
Premium/Discount to List
-$5,600,000
-41.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-14.12%

Purchase Details

Closed on
Sep 2, 2010
Sold by
Sanchez Lilly Ann
Bought by
Gutierrez Carlos M and Gutierrez Edilia Cabrera

Purchase Details

Closed on
Aug 8, 2007
Sold by
Sanchez Loury
Bought by
Sanchez Lilly Ann

Purchase Details

Closed on
Apr 11, 2007
Sold by
Begg Scott and Knoll Michelle
Bought by
L L L Investment Co Inc

Purchase Details

Closed on
Mar 30, 2005
Sold by
5245 Pinetree Llc
Bought by
Begg Scott and Knoll Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,368,750
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
May 12, 1993
Sold by
Lipson Meyer and Lipson Ann
Bought by
Lipson Meyer and Lipson Ann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Preziosi Chris -- Foster-Morales Pllc
Preziosi Chris $5,150,000 Attorney
Mancini Mary Ann $7,900,000 Union Title Services
Gutierrez Carlos M $5,250,000 Attorney
Sanchez Lilly Ann -- Attorney
Sanchez Loury -- Attorney
L L L Investment Co Inc $2,200,000 Attorney
Begg Scott $1,825,000 --
Lipson Meyer -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Begg Scott $1,368,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/18/2018 05/18/18 Sold $5,150,000 -8.0% $739 / Sq Ft
04/06/2018 04/06/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $5,600,000 -29.1% $803 / Sq Ft
07/27/2015 07/27/15 Sold $7,900,000 -27.5% $1,129 / Sq Ft View Prior Sale
07/07/2015 07/07/15 Pending -- -- --
12/29/2014 12/29/14 Price Changed $10,900,000 -19.3% $1,558 / Sq Ft
04/28/2014 04/28/14 For Sale $13,500,000 -- $1,930 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $104,016 $4,470,875 -- --
2024 $97,932 $4,064,432 -- --
2023 $97,932 $3,694,939 $0 $0
2022 $68,963 $3,362,464 $0 $0
2021 $59,021 $3,056,786 $2,613,013 $443,773
2020 $68,210 $3,523,329 $3,074,636 $448,693
2019 $69,057 $3,563,567 $3,074,636 $488,931
2018 $73,265 $3,937,257 $2,927,696 $1,009,561
2017 $123,992 $6,551,980 $0 $0
2016 $127,144 $6,586,164 $0 $0
2015 $101,964 $5,146,509 $0 $0
2014 $95,244 $4,683,566 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michel Bitton

    Seller's Agent in 2018

    Michel Bitton

    Douglas Elliman

    (305) 932-4274

    9 Total Sales

    Michel Bitton
    Section Image
  • Mick Duchon

    Buyer's Agent in 2018

    Mick Duchon

    The Corcoran Group

    (305) 395-4982

    1 in this area

    77 Total Sales

    Mick Duchon
    Section Image
  • Eloy Carmenate

    Buyer Co-Listing Agent in 2018

    Eloy Carmenate

    The Corcoran Group

    (305) 395-4982

    1 in this area

    67 Total Sales

    Eloy Carmenate
    Section Image
  • Esther Percal

    Seller's Agent in 2015

    Esther Percal

    BHHS EWM Realty

    (305) 674-4022

    10 in this area

    106 Total Sales

    Esther Percal
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10423647

MIAMI REALTORS® MLS

APN: 02-3214-003-0120

Florida Miami/Dade County Miami Beach 33140 La Gorce

5245 Pine Tree Dr, Miami Beach, FL

Not Listed for Sale

Detached

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