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Experience one of Miami Beach’s most exclusive residences at 5501 Pine Tree Dr, a newly and completely renovated waterfront estate that blends modern luxury with timeless elegance. This iconic property has been home to numerous notable and high-profile individuals, a reflection of its privacy and unparalleled appeal.
The residence offers 5 expansive bedrooms and 5 beautifully designed bathrooms, with approximately 5, 000 sq ft of refined living space. The recent renovation introduced premium finishes throughout, highlighted by a brand-new Italian kitchen featuring top-of-the-line cabinetry, elegant stone surfaces, and high-end appliances—perfect for both everyday living and elevated entertaining. Floor-to-ceiling windows fill the home with natural light and frame breathtaking water views from every angle.
A state-of-the-art movie/media room adds to the home’s luxury amenities, while the impressive rooftop terrace offers panoramic vistas of the water and Miami skyline, creating an ideal backdrop for sunset relaxation or intimate gatherings.
Located on prestigious Pine Tree Drive, one of Miami Beach’s most sought-after and private neighborhoods, this estate provides exceptional water frontage and convenient access to the area’s finest dining, beaches, shopping, and cultural experiences. With its complete renovation, new Italian kitchen, and iconic setting, this residence offers a rare opportunity to enjoy the pinnacle of luxury waterfront living in Miami Beach.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$115,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $92,000 | $92,000 | $92,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.292% | 5.609% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $522 | $559 | $746 |
| Total Monthly Payment | $597 | $634 | $821 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.