Spectacular Mediterranean Estate at 5001 Pine Dr. Listed for $17.9 Million in Miami

Date of Publishing: August 27, 2025

A Rare Miami Home for Sale in Prestigious Ponce-Davis

Among the elite addresses of Miami real estate, the Mediterranean-inspired residence at 5001 Pine Dr. stands as a timeless statement of luxury. Situated in the secluded yet centrally located neighborhood of Ponce-Davis, this home in Miami for sale offers not only a grand architectural presence but also a unique ownership history that reflects its rising value in one of the country’s most desirable real estate markets.

Luxury Mediterranean estate at 5001 Pine Dr. Miami featuring resort-style pool and private oasis

The estate spans 9,220 square feet of interior living space and a total of 11,060 square feet under roof, occupying nearly a full acre of manicured grounds. Built in 2004 by Kenner Homes, the property has undergone extensive renovations to meet the expectations of modern buyers while maintaining its Mediterranean charm. It is now listed at $17.9 million, placing it among the crown jewels of Miami home for sale offerings.

Judith Zeder of Coldwell Banker Realty told Luxury Houses Magazine that “few properties combine this level of privacy, scale, and attention to detail in such a central Miami location. It feels like a resort, yet it is very much a family home.”

Mediterranean Elegance and Resort-Style Living

From the moment visitors enter through the rotunda foyer, the residence reveals a commitment to architectural excellence. Volume ceilings, marble and hardwood flooring, impact glass windows, and French doors create an airy, light-filled environment. Every room has been carefully finished with designer details, and the home includes an elevator, smart-home systems, a custom wine room, and a spacious library.

The principal suite is designed as a retreat within a retreat. Dual walk-in closets, a spa-inspired bathroom, and a private terrace overlooking tropical gardens give it the feel of a boutique hotel suite. Additional spaces include a family room, office, maid’s quarters, and expansive storage, all crafted with both form and function in mind.

The outdoors are equally spectacular. A heated resort-style pool with spa and cold plunge is surrounded by lush landscaping, making it a private oasis. The covered summer kitchen features a Fire Magic grill and built-in bar, perfect for entertaining, while a half-court basketball and pickleball area add to the lifestyle appeal. Nathan Zeder emphasized to Luxury Houses that “the owners wanted a place where every generation of the family could find enjoyment, whether by the pool, on the court, or in the garden.”

SEE MORE: $5.4 Million Coral Gables Real Estate Gem Blends Timeless Design with Exclusive Miami Living

Ownership History and Market Appreciation

Beyond its design, the legacy of 5001 Pine Dr. adds depth to its value. Public records indicate the property sold for $530,000 in 1997, and just a few years later in 2001, it traded again for $900,000. By 2005, the estate was commanding $3,875,000, before selling in 2010 for $3,800,000. Listings between 2007 and 2013 fluctuated between $4.5 million and $6.6 million, reflecting the broader economic cycles of Miami.

In February 2023, the home returned to the market at $11 million, eventually selling in September 2023 for $8.5 million. Less than two years later, in August 2025, the estate was relisted at its current asking price of $17.9 million. This dramatic increase illustrates the demand for Ponce-Davis properties and the upward momentum of the Miami real estate market.

An agent working with the Zeder Team told Luxury Houses Magazine that “this property is not just a residence; it is a case study in how high-end Miami homes consistently outperform expectations when it comes to long-term appreciation.”

SEE MORE: A $18.5 Million Modern Waterfront Masterpiece Elevating Naples Real Estate Luxury

Community, Lifestyle, and Location Advantage

What sets Ponce-Davis apart from other Miami neighborhoods is its rare combination of privacy and proximity. The community is not part of a subdivision or gated development but is known for its sprawling lots, tree-lined streets, and architectural pedigree. Unlike waterfront properties that often face exposure, Ponce-Davis estates appeal to buyers who want seclusion without sacrificing convenience.

Residents of 5001 Pine Dr. are just minutes away from Coral Gables and Coconut Grove, two of Miami’s cultural and culinary centers. Shops at Merrick Park provide designer boutiques and fine dining, while Miracle Mile offers an array of galleries, restaurants, and theaters. For families, the location is exceptional, with quick access to Gulliver Preparatory School, Ransom Everglades, and Sunset Elementary. Nearby Fairchild Tropical Botanic Garden offers lush scenery and community events, adding to the neighborhood’s appeal.

One realtor familiar with the area told Luxury Houses that “buyers often fall in love with Ponce-Davis because it offers a lifestyle unlike anywhere else in Miami. You get the serenity of a private retreat while being only a short drive from the airport, beaches, and downtown.”

SEE MORE: Mediterranean Villa in Southwest Ranches Lists for $8.5 Million With Resort-Style Pool and Lush Gardens

Market Perspective and Investment Potential

At $17.9 million, the estate at 5001 Pine Dr. represents a high-water mark in the Miami home for sale market. Yet its asking price is consistent with broader trends. Florida luxury real estate continues to attract international buyers seeking both lifestyle and investment opportunities. With nearly one acre of land, resort amenities, and a proven track record of appreciation, the property provides strong potential for long-term value.

Luxury Houses Magazine attempted to contact the current owners for additional perspective on their decision to bring the home back to market. While no comment was received, their privacy underscores the exclusivity associated with estates of this caliber.

For more details, photos, and virtual tours of 5001 Pine Dr., visit the official Zillow listing.

For inquiries or to schedule a private showing, please contact:

Judith Zeder
305-613-5550
Coldwell Banker Realty

Nathan Zeder
786-252-4023
Coldwell Banker Realty

* This property might not for sale at the moment you read this post; please check property status at the above Zillow or Agent website links*