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Listed
A rare Miami Beach gem, this charming Mediterranean Revival residence, designed by renowned architect Russell Pancoast, occupies a desirable corner lot directly across from La Gorce Park, in the secluded and elegant neighborhood of Pine Tree Drive Circle. The spacious two-story home offers a thoughtful floor plan with five bedrooms and abundant living space. The first-floor primary suite features his-and-hers bathrooms and separate closets, complemented by two additional bedrooms on the main level. Upstairs, two more bedrooms provide privacy and flexibility for family and guests. Interiors include a formal living room and dining room, a generous family room, and a bright Florida room all overlooking and surrounding the pool area. Plus a two-car air-conditioned garage. Recent improvements include new electrical throughout and impact windows and doors. Set on a quiet, elegant street in one of Miami Beach's most desirable neighborhoods. A true Miami Beach legacy property, lovingly held by the same family for multiple generations.
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 5-bed rentals in Miami Beach, from 8 active listings; the middle half ask $32,000–$78,000.That is what landlords ask, not what units let for — edit it if you know better.
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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