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Listed
Behind a gated entrance on coveted Pine Tree Drive, this beautifully renovated waterfront retreat unfolds as a private sanctuary on a 12,920 SF lot with 76 feet of water frontage. Lush landscaping and understated elegance set the tone, while wide water views create a serene backdrop throughout. Light-filled, open living spaces with wide plank oak flooring flow seamlessly indoors to out, with expansive terraces & outdoor living areas. This home is made for effortless entertaining with a luxurious bar featuring natural stone and custom millwork. Unwind out by your sparkling pool & take in cool bay breezes. This 5-bedroom, 5.5-bath home offers comfort and refinement, featuring 4 bedrooms in the main residence and a separate guest house with an additional bedroom for visitors. Upstairs, the oversized principal suite is a tranquil oasis with a striking marble bath and double height ceilings. Enjoy living in this tropical haven in the heart of Miami Beach.
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 13 active listings; the middle half ask $19,000–$55,000.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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