The Jills listing and architectural gem of Pinetree Drive, Villa Katerina, has been reduced in price to $14,900,000. This stunning six bedroom six bath with two half baths was originally listed at $18,770,000 and was reduced substantially. The estate is also available for yearly rental for $36,000, which is unusual for an estates of its' magnitude, importance, and appointment. Built in 1932, it is truly one of the landmarks in Miami Beach architecture. Villa Katerina stands today in impeccable condition thanks to some of the most impressive renovations that are on the market. It lacks nothing in terms of appointment, location, and amenity.
This Mediterranean Manse is located on shaded Pinetree Drive and it overlooks Millionaires Row area of Miami on the water. The lot is 39,700 square feet and the home is 10,383 square feet and it has a guesthouse and 100 feet of waterfront. A meticulously landscaped and spacious back yard include a swimming pool, putting green and boat dock with lift. The homes interior details are remarkable and calculated including custom mill work throughout the home to the three fireplaces, florida room, living and dining room, and expansive terrace which overlooks the water. Through the years it is certain that this home has witnessed a number of Gatsby-esque events, and it continues to serve as an elegant place to entertain.
Pinetree Drive boasts some of the most exclusive real estate in the Miami Market. Homes are either waterfront or dry lots, and are desirable since they are in the heart of Miami Beach, while also are family friendly neighborhoods. Pinetree Drive dissects Alton Road at 63rd street in North Beach and portions of Pinetree Drive are one way to ensure safe sidewalks for the neighborhood. It makes the ride to the Miami International Airport very quick, approximately 15 minutes and South Beach and Bal Harbour are minutes away. If you are looking to acquire a Pinetree Drive property such as Villa Katerina whether forever, or for rent, please contact a member of the team today!