5101 PINE TREE DR, Miami Beach, FL 33140
Parcel: 0232140030012 · Vacant Residential · Vacant Land · Zoning: 2100
Assessed Value (2025)
$12,090,000
Property Details
Beds
6
Baths
6
Year Built
9999
Lot Sqft
40,300
Stories
1
VACANT RESIDENTIAL : VACANT LAND
Sales History
1
$8,500,000
2012-04-25
AL-JUMAA INC → RICHARD MERUELO
2
$7,005,100-18%
2022-01-06
3
$7,005,100
2023-01-09
4
$669,100-90%
2025-04-04
RICHARD MERUELO → PINE TREE DEVELOPMENT LLC
Tax Assessment History
$12,090,000
Assessed (2025)
$12,090,000
Market Value
$12,090,000
Taxable Value
$246,143
Annual Tax
2024
$15,868,125
2025
$12,090,000
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $12,090,000 | $12,090,000 | $12,090,000 | $246,143 | $12,090,000 | $0 |
| 2024 | $15,868,125 | $15,868,125 | $15,868,125 | $323,062 | $15,868,125 | $0 |
About 5101 PINE TREE DR, Miami Beach, FL 33140
5101 PINE TREE DR, Miami Beach, FL 33140 is a 6-bedroom, 6-bathroom vacant residential : vacant land built in 9999 on a 40,300 square foot lot. The property is currently owned by PINE TREE DEVELOPMENT LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2025-04-04 for $669,100, when RICHARD MERUELO sold to PINE TREE DEVELOPMENT LLC . The property sold for $6,336,000 less than the prior sale of $7,005,100 on 2023-01-09. There are 4 recorded sales for this property.
The 2025 assessed value is $12,090,000 with a market value of $12,090,000. The assessed value decreased 24% from $15,868,125 in 2024. The median household income in this area is $191,786, and the median home value is $2,000,001.
The population density is 2,726 people per square mile. 5101 PINE TREE DR, Miami Beach, FL 33140 is located in Miami Beach, Florida. Property records, tax assessments, sales history, and ownership information for this Miami Beach property are sourced from miami_dade County public records.
The complete ownership history of this property spans from 2012 to 2025, with 4 recorded transactions in the public record. The current assessed value represents 1807% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal..
Current Owner
PINE TREE DEVELOPMENT LLC
3350 VIRGINIA ST 500, MIAMI, FL, 33133
Since: 2026-03-29
View owner profile →
Est. Annual Insurance
$72,940 — $121,700
Flood $400 — $800
Property/Wind $72,540 — $120,900
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$191,786
Median Home Value$2,000,001
Pop. Density2,726/sq mi
Neighborhood 33140
27%
Owner-Occ
73%
Investor
2,819
Flips (4yr)
4,853
New Biz (3yr)
Distress Risk
MODERATE
31
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