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+8 photosWaterfront home — 5811 SW 88th Street · Avocado Land Co Sub · Pinecrest
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Open property magazine$3,350,000
5811 SW 88th Street, Pinecrest, FL 33156
Pinecrest, FL, 33156
7 bd · 9 ba · 2,915 sqft
Listed by One Sotheby's International Realty
5811 SW 88th Street, Pinecrest, FL 33156
Listed by One Sotheby's International Realty
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Estimated monthly payment
$21,591/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $21,591/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: AH · verify insurance quotes before buying.
About this home
Find similar homesThis premier waterfront lot comes with fully approved permits for an exceptional custom luxury residence in Pinecrest, allowing construction to begin immediately. The approved plans call for a spacious master suite, six additional bedrooms, seven full bathrooms, a powder room, and a cabana bath, creating a versatile layout ideal for both everyday living and large-scale entertaining. The home will offer approximately 9,327 SF under A/C on an expansive 27,973 SF lot, with a design that emphasizes natural light, expansive open spaces, and a seamless connection between interior and exterior areas. With approvals already in place, this offering represents a rare chance to develop a modern waterfront estate featuring high-end finishes, resort-style living spaces.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
275 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
Your costs (est.)
≈ $21,591/mo
5811 SW 88th Street, Pinecrest, FL 33156 · Pinecrest
Location
5811 SW 88th Street, Pinecrest, FL 33156
Dock & Draft Match™
Ask about dock
Boat length up to ~111 ft · verify
What buyers ask about this home
What are the estimated monthly carrying costs at 5811 SW 88th Street, Pinecrest, FL 33156?+
Property tax (after sale): $3,254/month est.; homeowners insurance: $955/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $4,209/month est. Principal and interest: $17,382/month; PMI: $0/month. Total for the payment scenario shown: $21,591/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 5811 SW 88th Street, Pinecrest, FL 33156?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 5811 SW 88th Street, Pinecrest, FL 33156 need flood insurance, and what drives the premium?+
Most of Pinecrest sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 5811 SW 88th Street, Pinecrest, FL 33156?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
What extra costs come with the waterfront at 5811 SW 88th Street, Pinecrest, FL 33156?+
Waterfront ownership adds seawall maintenance and eventual replacement, dock and lift servicing, higher flood and wind premiums, and salt-air upkeep on exterior finishes and equipment. Confirm bridge height and water depth at low tide if you plan to keep a boat.
Is there room to negotiate on 5811 SW 88th Street, Pinecrest, FL 33156?+
This listing has been on the market 275 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Located in Pinecrest, this property offers the South Florida lifestyle — warm-weather living year-round with easy access to the Atlantic coast, A-rated schools, and major business centers.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Miami Palmetto Senior High School
High school · 2.7 mi from this home · 7431 Sw 120Th St, Miami
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
ST. Thomas Episcopal Parish School
Elementary · Private · Catholic · Grades PK–5 · Coral Gables
Somerset Academy Elementary School (South Miami Campus)
Elementary · Charter · Grades PK–5 · South Miami
Somerset Academy Charter Middle School (South Miami Campus)
Middle school · Charter · Grades 6–8 · South Miami
Carrollton School-Sacred Heart
Pre-K & Kindergarten · Private · Catholic · Grades PK–12 · Miami
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
The home, in a magazine
A closer look at this home and its lifestyle — dedicated to you and your family.
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Simon Gedz
Realtor® since 1995
Interested in this property?
$3,350,000 · MLS A11945791
$3,350,000
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