- Year built
- 1953
- Residences
- 10
- Building area
- 11,020 sq ft
- Median residence
- 1,200 sq ft
- FEMA flood zone
- Zone AE · BFE 8 ft
- Latest arms-length sale
- $530,000 · Apr 2024
- Median sale (10 yr)
- $405,000
- Recorded transfers
- 42
Pine Tree Waterway is a 10-residence boutique condominium building at 4800 Pine Tree Drive, in Mid-Beach. County records list 1953 as the year built. It has a median residence of 1,200 square feet.
The recorded market runs to 30 arms-length sales since 2001, an annual turnover rate of 7 percent of the building over the past decade, and a median of $207 per square foot. Across 20 same-unit resales, 100 percent sold above their prior recorded price, with a median gain of 26 percent over a median hold of 4.7 years.
Own a residence at Pine Tree Waterway? See what it would sell for.
Choose what fits: a property-specific pricing review informed by local transaction records and market research, a conversation about buying in this market, or help planning a move between markets. Local representation is coordinated where appropriate.
646.939.7375 · c.cohen@compass.com
At a glance
Condominium: The condominium is named Pine Tree Waterway Condominium.
Building type: Small mid-century condominium
Unit sizes: Two-bedroom, two-bath plan of about 1,250 square feet
Source: The Roebling Research Desk.
Why Pine Tree Waterway matters
It is a 10-residence condominium from 1953 on Pine Tree Drive in Mid-Beach, with a two-bedroom, two-bath plan of about 1,250 square feet.
Mid-Beach and Pine Tree Drive
Mid-Beach is the part of Miami Beach north of South Beach and the Art Deco district, running from about 23rd Street to 63rd. Pine Tree Drive is the long residential road on the bay side of the island, lined with older single-family houses and low-rise condominiums. Collins Avenue and the oceanfront resort strip, including the Fontainebleau, are to the east. The Mid-Beach segment of the Miami Beach Boardwalk runs along the dunes behind the hotels.
The building's name refers to a waterway. The lot is in flood zone AE, so ask for the elevation certificate and insurance history.
Architecture and unit composition
The building dates to 1953 and is small. The plan is a two-bedroom, two-bath of about 1,250 square feet.
Building operations
Ask how the association is run.
Standard asks for any Florida condominium purchase: the current budget and recent financial statements, the structural integrity reserve study (SIRS) and reserve funding, and milestone inspection status. Florida's milestone inspection and structural integrity reserve study rules apply to condominium buildings of three or more stories; ask whether the building falls under the rules. Ask for any inspection report and what repairs it called for and how the association will fund them. In a small building, a special assessment is spread over few owners.
Policy framework
Pet, rental and minimum-lease rules are set by the association; confirm at offer stage.
Sales context
One recorded sale, April 2024, at $530,000. It is one sale, not a building price.
Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
What to know if you're buying at Pine Tree Waterway
Get the documents before price. Request the budget, reserves, insurance, the inspection report and any assessments.
Confirm the structure. Ask the number of floors, the construction type, and whether the building is subject to the structural reserve and milestone requirements.
What to know if you're selling at Pine Tree Waterway
Price against the closest Mid-Beach comparables. The building has too few sales to use alone. Be ready to show the inspection report and the reserve position.
Comparable buildings
- Other low-rise condominiums on Pine Tree Drive in Mid-Beach — the closest peers by age and scale.
- La Gorce-area condominiums — nearby mid-century buildings.
- Bay-side Mid-Beach condominiums on Collins Avenue and Indian Creek Drive — larger buildings.
The neighborhood
For the full neighborhood — its buildings and recorded pricing — read The Roebling Index guide to Mid-Beach.
Run the numbers
- Miami buyer closing cost calculator — documentary stamps on the mortgage, intangible tax, title insurance and the condo estoppel.
- Miami seller closing cost calculator — the deed documentary stamp tax, title, closing and association transfer fees.
Related guides
- Post-Surfside Miami condo diligence — milestone inspections, structural integrity reserve studies and special assessments.
- Florida Save Our Homes, explained — the assessment cap, the homestead exemption and portability.
Recorded sales history
Recorded transfers for this building in Miami-Dade County public records, back to Jan 2001. Prices reflect the recorded consideration; transfers the Property Appraiser does not qualify as arms-length are shown unmarked. Nominal-consideration paper transfers (deeds into trusts and LLCs, estate and family transfers, corrective deeds) are part of the record but not sales, and are omitted from this table. Recording lags closing, so the newest sales can take several weeks to appear.
| Date | Residence | Size | Price | Arms-length |
|---|---|---|---|---|
| Apr 2024 | 101 | 1,250 sf | $530,000 | ✓ |
| Jul 2023 | 105 | 1,460 sf | $650,000 | ✓ |
| Mar 2022 | 204 | 760 sf | $405,000 | ✓ |
| Aug 2021 | 203 | 840 sf | $172,000 | |
| Dec 2020 | 102 | 1,200 sf | $367,000 | ✓ |
| Sep 2020 | 103 | 840 sf | $234,000 | ✓ |
| Oct 2018 | 203 | 840 sf | $225,000 | ✓ |
| Feb 2018 | 105 | 1,460 sf | $470,000 | ✓ |
| Apr 2015 | 104 | 760 sf | $220,000 | ✓ |
| Mar 2015 | 203 | 840 sf | $220,000 | ✓ |
| May 2014 | 103 | 840 sf | $230,000 | ✓ |
| Sep 2013 | 205 | 1,460 sf | $435,000 | |
| Apr 2013 | 203 | 840 sf | $200,000 | ✓ |
| Nov 2012 | 104 | 760 sf | $178,900 | ✓ |
| Apr 2011 | 105 | 1,460 sf | $295,000 | ✓ |
| Feb 2010 | 202 | 1,200 sf | $65,000 | |
| Dec 2004 | 103 | 840 sf | $210,000 | ✓ |
| Jul 2004 | 205 | 1,460 sf | $350,000 | ✓ |
| Jun 2004 | 102 | 1,200 sf | $253,000 | ✓ |
| Sep 2003 | 101 | 1,250 sf | $225,000 | ✓ |
| Jul 2002 | 204 | 760 sf | $155,000 | ✓ |
| Mar 2002 | 104 | 760 sf | $126,000 | ✓ |
| Mar 2002 | 201 | 1,250 sf | $224,500 | ✓ |
| Aug 2001 | 205 | 1,460 sf | $290,000 | ✓ |
| Mar 2001 | 204 | 760 sf | $128,000 | ✓ |
| Mar 2001 | 102 | 1,200 sf | $165,000 | ✓ |
| Mar 2001 | 201 | 1,250 sf | $186,000 | ✓ |
| Feb 2001 | 104 | 760 sf | $120,000 | ✓ |
| Jan 2001 | 105 | 1,460 sf | $235,000 | ✓ |
| Jan 2001 | 203 | 840 sf | $133,000 | ✓ |
| Jan 2001 | 103 | 840 sf | $120,000 | ✓ |
| Jan 2001 | 202 | 1,200 sf | $179,000 | ✓ |
| Jan 2001 | 101 | 1,250 sf | $178,000 | ✓ |
✓ = qualified arms-length per the Miami-Dade Property Appraiser. 9 nominal-consideration paper transfers omitted.
This page reflects publicly available information compiled by The Roebling Research Desk. Specific building details should be confirmed with the association during due diligence; the recorded Declaration of Condominium, the current building budget, the current tax bill, the structural integrity reserve study and milestone-inspection status should be reviewed for any specific transaction. © 2026 The Roebling Team at Compass.
Considering a move at Pine Tree Waterway?
Request a private building brief with the relevant recorded sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com
Building facts and sales records are compiled from Miami-Dade County public records (Property Appraiser) and reviewed against recognized architectural references. Figures are reported as recorded and may be updated as the county updates its records. This page is informational and is not an offer or solicitation. Apartment estimates are automated, from public records, and are not appraisals.
The Roebling Team at Compass is led by Corey Cohen, a New York licensed associate real estate broker. For a purchase or sale in Miami, we introduce you to a licensed Compass agent there by referral and handle the New York side of your move ourselves. This page and its calculators are research, not an offer of representation.
To plan a move between Manhattan and Miami, schedule a consultation; where appropriate we’ll introduce you to a vetted Compass agent in the local market.