Recreational Miami Beach estate lists for $29.5 million

Recreational Miami Beach estate lists for $29.5 million

Saturday, December 23, 2017

4701 Pine Tree Drive in Miami Beach (Credit: Trulia)

An estate on Miami Beach packed with recreational amenities, including a movie theater and a sand-covered volleyball court, is listed for sale with a $29.5 million asking price.

The Italianate house, called Villa Sole, has 19,350 square feet of living space, 14 bathrooms and 12 bedrooms.

The outdoor features include an infinity-style swimming pool, boat dock, golf putting green, a lighted tennis court and a basketball court.

The 59-year-old owner, Joel Meyerson, an executive in the cosmetics and over-the-counter drugs business, bought the site of the house at 4701 Pine Tree Drive in 2002 for $1.7 million, then spent three years and more than $10 million building the house.

Meyerson also bought a 43,900-square-foot lot next door for privacy. He is offering the vacant lot for sale for an additional $11 million. The vacant lot and the lot where the house stands span a total of 88,274 square feet.

A sculpture in the garden by Fernando Botero also is available and priced separately from the house.

Jill Eber and Jilll Hertzberg, the Jills sales team at Coldwell Banker Residential Real Estate, have the listing. [Wall Street Journal] – Mike Seemuth

Source: The Real Deal