5540 Pine Tree Dr Miami Beach, FL 33140
La Gorce NeighborhoodEstimated Value: $3,538,000 - $4,521,000
3
Beds
3.5
Baths
2,414
Sq Ft
$1,622/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Garden View
- Formal Dining Room
- North Beach Elementary School Rated A-
- No HOA
- In-Law or Guest Suite
About This Home
As of December 2021Stunning jewel on exclusive Pine Tree Drive impeccably designed with the finest custom Italian finishes. This triple mint renovation offers 3 bedrooms and 3.5 baths as well as stand out features such as a private courtyard, open floor plan with an abundance of space and natural light, chef’s kitchen built with custom cabinets and high-end appliances, a formal dining room, and ample space to entertain. An integrated Control 4 smart system controls the home. 5540 Pine Tree provides a tropical yet modern outdoor oasis with pool, summer kitchen and terrace surrounded by lush landscaping.
Last Agent to Sell the Property
Douglas Elliman License #3125385 Listed on: 11/10/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $26,083
Year Built
- Built in 1952
Lot Details
- 7,421 Sq Ft Lot
- East Facing Home
- Property is zoned 0100
Property Views
- Garden
- Pool
Home Design
- Flat Tile Roof
Interior Spaces
- 2,414 Sq Ft Home
- 1-Story Property
- French Doors
- Family Room
- Formal Dining Room
- Dryer
Kitchen
- Microwave
- Dishwasher
Flooring
- Tile
- Terrazzo
Bedrooms and Bathrooms
- 3 Bedrooms
- In-Law or Guest Suite
Home Security
- High Impact Door
- Fire and Smoke Detector
Parking
- Driveway
- Open Parking
Outdoor Features
- In Ground Pool
- Outdoor Grill
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Beach View Subdivision
Listing and Financial Details
- Assessor Parcel Number 02-32-14-003-0780
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 10, 2021
Closed on
Dec 15, 2021
Sold by
David Summers Leon
Bought by
Pine Tree Trust
Seller's Agent
Billy Hernandez
Douglas Elliman
Buyer's Agent
Allison Turk
BHHS EWM Realty
List Price
$3,250,000
Sold Price
$3,200,000
Premium/Discount to List
-$50,000
-1.54%
Total Days on Market
13
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
$716,169
Avg. Annual Appreciation
5.69%
Purchase Details
Listed on
Jan 5, 2021
Closed on
Mar 31, 2021
Sold by
Dufour Jacqueline and Dufour Gonzagul
Bought by
Summers Leon David
Seller's Agent
Hector Vazquez
LoKation
Buyer's Agent
Billy Hernandez
Douglas Elliman
List Price
$2,050,000
Sold Price
$1,950,000
Premium/Discount to List
-$100,000
-4.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
100.90%
Original Mortgage
$1,354,500
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 2, 2017
Closed on
May 18, 2018
Sold by
Mulrhead John
Bought by
Dufour Jacqueline
Seller's Agent
Jill Hertzberg
Coldwell Banker Realty
Buyer's Agent
Graciela Mure
London Foster Realty
List Price
$2,300,000
Sold Price
$1,780,000
Premium/Discount to List
-$520,000
-22.61%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.26%
Purchase Details
Listed on
Dec 26, 2013
Closed on
Jun 9, 2014
Sold by
Lever Daniel R and Lever Katie
Bought by
Muirhead John
Seller's Agent
John Gee
MMLS Assoc.-Inactive Member
Buyer's Agent
Joseph Kubicek
MMLS Assoc.-Inactive Member
List Price
$1,225,000
Sold Price
$1,117,500
Premium/Discount to List
-$107,500
-8.78%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.47%
Original Mortgage
$838,125
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 23, 2009
Sold by
Grimberg Menachem and Grimberg Marcilla
Bought by
Lever Daniel R and Lever Katie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,500
Interest Rate
5.62%
Mortgage Type
Unknown
Purchase Details
Closed on
Oct 31, 1997
Sold by
Defabrizio Marlena De
Bought by
Grimberg Menachem and Grimberg Marcilla
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.39%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 1, 1995
Sold by
Defabrizio Marlena De and Gutjahr Elena G
Bought by
Defabrizio Marlena
Similar Homes in Miami Beach, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pine Tree Trust | $3,200,000 | Tobin & Associates Pa | |
| Summers Leon David | $1,950,000 | Attorney | |
| Dufour Jacqueline | $1,780,000 | Attorney | |
| Muirhead John | $1,117,500 | Attorney | |
| Lever Daniel R | $675,000 | Attorney | |
| Grimberg Menachem | $220,000 | -- | |
| Defabrizio Marlena | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Summers Leon David | $1,354,500 | |
| Previous Owner | Muirhead John | $838,125 | |
| Previous Owner | Lever Daniel R | $607,500 | |
| Previous Owner | Grimberg Menachem | $150,000 | |
| Previous Owner | Grimberg Menachem | $188,000 | |
| Previous Owner | Grimberg Menachem | $188,000 | |
| Previous Owner | Grimberg Menachem | $165,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2021 12/15/21 | Sold | $3,200,000 | -1.5% | $1,326 / Sq Ft |
| 11/23/2021 11/23/21 | Pending | -- | -- | -- |
| 11/10/2021 11/10/21 | For Sale | $3,250,000 | +66.7% | $1,346 / Sq Ft |
| 03/31/2021 03/31/21 | Sold | $1,950,000 | -4.9% | $808 / Sq Ft |
| 02/11/2021 02/11/21 | Pending | -- | -- | -- |
| 01/12/2021 01/12/21 | For Sale | $2,050,000 | +5.1% | $849 / Sq Ft |
| 01/11/2021 01/11/21 | Off Market | $1,950,000 | -- | -- |
| 01/01/2021 01/01/21 | For Sale | $2,050,000 | +15.2% | $849 / Sq Ft |
| 05/29/2018 05/29/18 | Sold | $1,780,000 | -8.7% | $737 / Sq Ft |
| 02/28/2018 02/28/18 | Pending | -- | -- | -- |
| 01/05/2018 01/05/18 | Price Changed | $1,950,000 | -7.1% | $808 / Sq Ft |
| 11/02/2017 11/02/17 | Price Changed | $2,100,000 | -8.7% | $870 / Sq Ft |
| 06/20/2017 06/20/17 | For Sale | $2,300,000 | +105.8% | $953 / Sq Ft |
| 06/13/2014 06/13/14 | Sold | $1,117,500 | -4.9% | $514 / Sq Ft |
| 04/23/2014 04/23/14 | Pending | -- | -- | -- |
| 03/09/2014 03/09/14 | Price Changed | $1,175,000 | -4.1% | $541 / Sq Ft |
| 03/09/2014 03/09/14 | For Sale | $1,225,000 | 0.0% | $564 / Sq Ft |
| 02/01/2014 02/01/14 | Pending | -- | -- | -- |
| 01/23/2014 01/23/14 | Price Changed | $1,225,000 | -3.9% | $564 / Sq Ft |
| 12/26/2013 12/26/13 | For Sale | $1,275,000 | -- | $587 / 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 |
|---|---|---|---|---|
| 2024 | $55,423 | $2,904,079 | -- | -- |
| 2023 | $55,423 | $2,640,072 | $0 | $0 |
| 2022 | $45,096 | $2,400,066 | $846,022 | $1,554,044 |
| 2021 | $25,945 | $1,384,664 | $631,103 | $753,561 |
| 2020 | $26,891 | $1,429,798 | $667,912 | $761,886 |
| 2019 | $26,365 | $1,401,313 | $631,103 | $770,210 |
| 2018 | $17,831 | $989,305 | $705,316 | $283,989 |
| 2017 | $20,243 | $1,103,816 | $0 | $0 |
| 2016 | $18,594 | $957,258 | $0 | $0 |
| 2015 | $18,965 | $957,213 | $0 | $0 |
| 2014 | $9,646 | $514,971 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Billy Hernandez
Seller's Agent in 2021
Billy Hernandez
Douglas Elliman
(305) 910-7644
11 in this area
137 Total Sales
-
Hector Vazquez
Seller's Agent in 2021
Hector Vazquez
LoKation Real Estate
(305) 586-6200
3 in this area
14 Total Sales
-
Bryan Sereny
Seller Co-Listing Agent in 2021
Bryan Sereny
Douglas Elliman
(305) 695-6300
13 in this area
133 Total Sales
-
Allison Turk
Buyer's Agent in 2021
Allison Turk
BHHS EWM Realty
(305) 450-7965
1 in this area
18 Total Sales
-
Jill Hertzberg
Seller's Agent in 2018
Jill Hertzberg
Coldwell Banker Realty
(305) 788-5455
25 in this area
188 Total Sales
-
Daniel Hertzberg
Seller Co-Listing Agent in 2018
Daniel Hertzberg
Coldwell Banker Realty
(305) 341-7489
31 in this area
145 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11122865
APN: 02-3214-003-0780
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