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4730 PINE TREE DR, Miami Beach FL 33140

Commercial Recently Sold
$3,300,000

BTC: 51.56250000

ETH: 1,890.03436426

Sold on: 2022-08-30
1 days
Waterfront
0 room(s)

Overview

Commercial investment opportunity! LAND LEASE of a 32-unit co-op building located on prestigious Pinetree Drive in Miami Beach, with 90 feet on the water and western exposure overlooking beautiful Surprise Lake. Land lease ends 3/1/2046 (24 years left). The lot is 22,981-SF, zoned RM-1, multifamily. Waterfront commercial property with an PRIME and central Miami Beach location, close to everything Miami Beach has to offer.

Location

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.53 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,200,000
$487K – $3.7M
Confidence Low
List vs. estimate
$2.2M above estimate
List $3,410,000 · +184.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
7 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.7M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Waterfront
Canal Front, Creek
All facts and features
  • Lot

    • Lot: 0.53 Acres

    Other Property Information

    • Parcel Number: 02-32-23-014-0001

    • Zoning: 4700

  • Type and style

    • Property Type: Commercial Land

    • Property Sub Type: Commercial

  • Utility

    • Electricity Connected

    • Water Connected

    • Electricity Available

    • Water Available

  • Source details

    • MLS ID: A11214950

    Other facts

    • Lot Features: City Location / Near Airport / Less Than 1 Acre

    • Waterfront: Yes

    • Water Source: Municipal Water

    • Lot Size Dimensions: 0x0

    • Subdivision Name: LAKE VIEW

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: BHHS EWM Realty