NOT LISTED FOR SALE

5514 Pine Tree Dr Miami Beach, FL 33140

La Gorce Neighborhood

Estimated Value: $4,649,000 - $5,512,000

6 Beds
5.5 Baths
4,739 Sq Ft
$1,070/Sq Ft Est. Value

Last Sold April 04, 2023

Last sale price $5,105,000 $1,077 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $33,071/month

17 Days on Market

Highlights

  • Guest House
  • 1 Bedroom Guest House
  • Sitting Area In Primary Bedroom
  • North Beach Elementary School Rated A-
  • In Ground Pool
  • Marble Flooring

About This Home

As of April 2023

Experience the grandeur of this stunning 1929 Pine Tree Drive masterpiece, originally designed by Russell Pancoast. With 4,739 SF of living space, this home seamlessly blends modern aesthetics with classic charm, offering a truly exquisite living experience. Renovated to perfection with 5 bedrooms, a den, and a charming 1 bedroom guest house, this property provides ample space for relaxation and entertainment. The interiors of this home are simply stunning, thanks to the expert touch of interior designer Chani Ettelson of C. ETT Design. As you step outside, you'll be greeted by a beautiful, expansive side yard and a saltwater heated pool, perfect for enjoying the Florida sun. Come and experience the magic of this one-of-a-kind property for yourself!

Last Agent to Sell the Property

Betsy Magde

Compass Florida, LLC. License #3277119 Listed on: 02/24/2023

Compass Florida, LLC.

Last Buyer's Agent

Selen Arditi

Compass Florida, LLC. License #3413107

Compass Florida, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,768

Year Built

  • Built in 1929

Lot Details

  • 7,500 Sq Ft Lot
  • East Facing Home
  • Property is zoned 0100

Property Views

  • Garden
  • Pool

Home Design

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

Interior Spaces

  • 4,739 Sq Ft Home
  • 2-Story Property
  • Furniture for Sale
  • Fireplace
  • French Doors
  • Family Room
  • Den

Kitchen

  • Built-In Oven
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Dual Sinks
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door

Parking

  • 2 Attached Carport Spaces
  • Driveway
  • Open Parking

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Additional Homes

  • Guest House
  • 1 Bedroom Guest House
  • One Bathroom Guest House

Utilities

  • Zoned Heating and Cooling
  • Gas Water Heater

Community Details

  • Property has a Home Owners Association
  • Voluntary home owners association
  • Beach View Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-14-003-0750

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,768

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1929
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story, Mediterranean
  • Carport Y N: Yes
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: BEACH VIEW SUB
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_GuestHouseDescription: 1 Bath, 1 Bedroom
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Water Heater, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, French Doors, Stacked Bedroom, Walk-In Closet(s), Den/Library/Office, Family Room, Other, Utility Room/Laundry
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: High Impact Doors, French Doors
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Furnished: Furniture For Sale
  • Living Area: 4739
  • Other Equipment: Natural Gas
  • Possible Use: Unknown/Withheld
  • Window Features: Complete Impact Glass, High Impact Windows
  • Bedroom Features: Primary Bedroom Upstairs, Sitting Area - Primary Bedroom
  • Living Room Features: Den/Library/Office, Family Room, Guest House, Other, Utility Room/Laundry
  • Master Bathroom Features: Combination Tub & Shower, Dual Sinks

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Garden, Pool
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Guest House
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: BEACH VIEW SUB
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached Carport, Covered, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Paved Road, Voluntary Hoa

Association/Amenities

  • MIAMIRE_TypeofAssociation: Voluntary

Lot Info

  • Parcel Number: 02-32-14-003-0750
  • Lot Size Sq Ft: 7500
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 23768

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
Apr 4, 2023
Sold by
5514 Pine Llc
Bought by
Kempler Ari
Seller's Agent
Betsy Magde
Compass Florida, LLC.
Buyer's Agent
Selen Arditi
Compass Florida, LLC.
List Price
$4,999,999
Sold Price
$5,105,000
Premium/Discount to List
$105,001
2.1%
Views
79
Current Estimated Value
$5,071,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,188
Avg. Annual Appreciation
0.13%
Original Mortgage
$2,700,000
Outstanding Balance
$2,629,240
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$2,490,919

Purchase Details

Listed on
Jan 19, 2020
Closed on
Feb 23, 2021
Sold by
Horwitz Sanford B and Horwitz Janet L
Bought by
5514 Pine Llc
Seller's Agent
David Lombardi
Lombardi Properties
Buyer's Agent
Chani Ettelson
Compass Florida, LLC.
List Price
$1,895,000
Sold Price
$1,400,000
Premium/Discount to List
-$495,000
-26.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
84.62%
Original Mortgage
$1,574,500
Interest Rate
2.7%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Kempler Ari $5,105,000 None Listed On Document
5514 Pine Llc $1,400,000 A1a Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kempler Ari $2,700,000
Previous Owner 5514 Pine Llc $2,065,396
Previous Owner 5514 Pine Llc $1,574,500
Previous Owner Horwitz Sandford B $509,546
Previous Owner Horwitz Sanford B $777,000
Previous Owner Horwitz Sanford B $358,542
Previous Owner Horwitz Sanford B $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2023 04/04/23 Sold $5,105,000 +2.1% $1,077 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
02/27/2023 02/27/23 For Sale $4,999,999 +257.1% $1,055 / Sq Ft
02/23/2021 02/23/21 Sold $1,400,000 -12.2% $396 / Sq Ft
01/08/2021 01/08/21 Pending -- -- --
10/21/2020 10/21/20 Price Changed $1,595,000 -5.9% $452 / Sq Ft
08/07/2020 08/07/20 Price Changed $1,695,000 -10.6% $480 / Sq Ft
07/01/2020 07/01/20 For Sale $1,895,000 +35.4% $537 / Sq Ft
06/30/2020 06/30/20 Off Market $1,400,000 -- --
01/19/2020 01/19/20 For Sale $1,895,000 -- $537 / 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 $63,619 $3,526,151 -- --
2024 $31,819 $3,426,775 -- --
2023 $31,819 $1,312,730 $0 $0
2022 $23,769 $1,265,004 $855,000 $410,004
2021 $6,561 $380,748 $0 $0
2020 $6,480 $375,492 $0 $0
2019 $6,323 $367,050 $0 $0
2018 $6,002 $360,207 $0 $0
2017 $5,941 $352,799 $0 $0
2016 $5,924 $345,543 $0 $0
2015 $5,998 $343,142 $0 $0
2014 $6,100 $340,419 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Betsy Magde

    Seller's Agent in 2023

    Betsy Magde

    Compass Florida, LLC.

    (305) 926-9345

    1 in this area

    39 Total Sales

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  • Selen Arditi

    Buyer's Agent in 2023

    Selen Arditi

    Compass Florida, LLC.

    (305) 710-7123

    2 in this area

    32 Total Sales

    Section Image
  • David Lombardi

    Seller's Agent in 2021

    David Lombardi

    Lombardi Properties

    (305) 490-5767

    1 in this area

    2 Total Sales

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  • Daniel Lombardi

    Seller Co-Listing Agent in 2021

    Daniel Lombardi

    Lombardi Properties

    (786) 512-9225

    1 in this area

    12 Total Sales

    Section Image
  • Chani Ettelson

    Buyer's Agent in 2021

    Chani Ettelson

    Compass Florida, LLC.

    (718) 207-6946

    1 in this area

    15 Total Sales

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11343755

MIAMI REALTORS® MLS

APN: 02-3214-003-0750

Florida Miami/Dade County Miami Beach 33140 La Gorce

5514 Pine Tree Dr, Miami Beach, FL

This home is located at 5514 Pine Tree Dr, Miami Beach, FL 33140 since 24 February 2023 and is currently estimated at $5,071,812, approximately $1,070 per square foot. This property was built in 1929. 5514 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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