Single Family Home INDIAN BEACH CORP AMD PL

$ 42,500,000
  • 9 bed
  • 9.5 bath
  • 58,650 ft2 (5,454 m2)
Interested in this listing?
We will connect you with an agent in a short time
Details
    • Listed on:
      October 05, 2026
    • Days on Market:
      1
    • Maintenance:
      n/a
    • Taxes:
      $ 360,401 per year
    • Year:
      1995
    • Furniture:
      -
    • Floor Description:
      Other
    • Terms Considered:
      Cash, Conventional
    • View from Apartment:
      Canal, Garden
    • Parking:
      -
  • Interior Features:
    • First Floor Entry
    • Cooking Island
    • Skylight
    • Vaulted Ceiling(s)
    • Walk-In Closet(s)
    • Atrium
    • Den/Library/Office
    • Family Room
    • Great Room
    • Maid/In-Law Quarters
    • Utility Room/Laundry
  • Exterior Features:
    • None
  • Legal Description:
    200 east palmetto park condo unit ph -1
Description
An extraordinary opportunity to create a landmark waterfront estate on prestigious Pine Tree Drive. Beside Pine Tree Park in Miami Beach’s coveted Mid-Beach neighborhood, this approximately 1.35-acre property features a brand-news seawall and offers 58,650 SF of land per county records and 158 feet of canal frontage per prior listing. Exceptional scale and a prime waterfront setting offer developers and private buyers the opportunity to bring an ambitious vision to life. The existing residence remains on the property.

Offered as a redevelopment opportunity with seller-reported approved plans for an approximately 25,000 SF tropical modern estate by Studio Tehila Shelef. The proposed design features 9 bedroom suites, an 8-car garage, a waterfront guest residence and staff quarters. Floor-to-ceiling glass, a central atrium and expansive terraces connect the envisioned interiors with the landscape and water. Planned amenities include an infinity pool, hot tub, gym, spa and saunas, cinema/game room, sport court, rooftop lounge and yacht dock. Main, service and outdoor kitchens complement generous dining and entertaining spaces.

Sale includes the property and plans; construction of the proposed estate is not included. Renderings illustrate the proposed residence and amenities. Site visits by appointment only. Plan documents available exclusively to verified, qualified buyers.
Map view