5111 PINE TREE DR, Miami Beach, FL 33140

5111 PINE TREE DR, Miami Beach, FL 33140 is a property. The property is currently owned by PINE TREE DEVELOPMENT LLC C/O WEINBERG WHEELER, recorded as of 2026-04-19. 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 $16,350,300 less than the prior sale of $17,019,400 on 2021-07-16. There are 3 recorded sales for this property.

The 2025 assessed value is $16,042,942 with a market value of $19,285,280. The assessed value increased 10% from $14,584,493 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. 5111 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 2019 to 2025, with 3 recorded transactions in the public record. The current assessed value represents 2398% 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..