Listed by Coldwell Banker Realty

Recently sold · Pinecrest

$10,000,000

8900 SW 62nd Ct, Pinecrest FL 33156

Listed by Coldwell Banker Realty · Sold by Coldwell Banker Realty

Public MIAMI MLS record · deemed reliable but not guaranteed · MiamiCityRealty.com not necessarily a party

Miami · ZIP 33156 · Live MLS

Pinecrest

Village of Pinecrest: the inland Coral Gables. 1-acre minimum lots, banyan canopy preservation, Miami Palmetto Senior High (top-3 Miami-Dade public), Pinecrest Gardens (formerly Parrot Jungle). .5M-5M+ tree-canopied estates in an established old-Miami enclave.

$3.7M

Median price

$865

Per sq ft

260

Active listings

72 d

Median days on mkt

Price position +363% vs MCR median
See all

Median list price

$3,700,000

For-sale active inventory

Price / sq ft

$865

Across active listings

Active inventory

260

On the market right now

Median days on market

72

Well-priced units move faster

✦ Computed live from MIAMI MLS active inventory · refreshed every few hours · updated July 21, 2026

Pinecrest real estate market data, live from MIAMI MLS, updated July 21, 2026
Median list price$3,700,000
Median price per square foot$865
Active for-sale inventory260
Median days on market72 days
Median asking rent$3,500 / month
Year-over-year price change-59.5%
Homes in a FEMA high-risk flood zone20% of active for-sale homes
Typical home typeSingle Family Residence

Market pulse

How Pinecrest is trading

Median asking price by month listed, plus how active inventory splits — all live from MIAMI MLS active listings (not closed sales).

Median list price, by month listed

12-mo avg
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul

-59.5%

Median list, recent vs. earlier

$4,919,708

12-month average

260

For-sale listings

What's on the market, by price

Share of active for-sale inventory

Under $500K 12% · 31
$500K – $1M 4% · 11
$1M – $3M 22% · 56
$3M – $10M 47% · 121
$10M+ 16% · 41

Recently sold in Pinecrest (3)

Public MIAMI MLS closings

Closed-sale data from the MIAMI MLS · deemed reliable but not guaranteed. MiamiCityRealty.com was not necessarily involved in these transactions; the listing and selling brokerages credited above are the parties to each sale.

The insider read

What Pinecrest actually is

Pinecrest is the inland answer to Coral Gables — same old-Miami-money buyer pool, similar 1920s-1960s established-luxury feel, but bigger lots, fewer cars, and a quieter pace. The Village of Pinecrest incorporated in 1996, breaking away from unincorporated Miami-Dade specifically to preserve the large-lot character. The defining ordinance: one-acre minimum lots across most of the village, with strict tree-canopy preservation (you can’t take down a banyan or a mature oak without Village approval). The result is one of the rare South Florida neighborhoods where a 30-foot oak still casts shade over the road, and “your neighbor” might mean the house 400 feet through the trees.

Pinecrest homes are tightly held and often generationally owned — many estates have stayed under the same ownership for decades, which keeps resale inventory thin and makes each estate listing a notable market event.

The other defining force: Palmetto Senior High School. Year after year, Miami Palmetto is one of the top three highest-ranked public high schools in Miami-Dade. Its feeder pattern (Pinecrest Elementary, Palmetto Middle) is the gravitational center of the village. The 12-year Palmetto feeder path is the neighborhood’s defining draw. Realtors will tell you: a house inside the Palmetto feeder zone trades at meaningful premium over an identical house just outside it. This is a school-anchored neighborhood in the most literal sense.

And then there’s Pinecrest Gardens (formerly Parrot Jungle, the 1936-2003 South Florida tourist institution where the parrots posed on your shoulder for photographs). The Village bought the property in 2002 when Parrot Jungle moved to Watson Island and turned it into the cultural soul of Pinecrest — Sunday farmers market, Banyan Bowl outdoor concert venue (the Pinecrest Music Series brings real touring acts), garden conservancy events, the splash pad at the center of its summer programming. It is to Pinecrest what Vicente Park is to Hialeah: the place that, if you ask someone what they love about living here, they mention first.

The Pinecrest markets

  • The 1-acre-plus estate tier — large lots, often gated, often tree-canopied. $5M-$25M+. The trophy Pinecrest addresses.
  • Established mansions on 1-acre — 5,000-10,000 sqft homes on the village standard 1-acre lot. $2.5M-$5M.
  • 1960s-1980s ranch + Mediterranean homes — the village’s foundational stock, 3,000-5,000 sqft on 1+ acre. $1.5M-$3M.
  • Smaller-lot subdivisions on the village edge — pre-1996 subdivisions where lots are 0.4-0.7 acre. $1M-$2M.
  • Limited new construction — Pinecrest’s strict zoning + tree preservation means new construction is almost always tear-down-rebuild on an existing lot.
  • Townhomes + condos — minimal, confined to a few small enclaves. $700K-$1.5M.
  • Rentals — extremely thin. When single-family rentals hit market they clear in days. $5-15K/mo for single-family, $15-40K/mo for estate-tier furnished.

Live Pinecrest inventory

Every listing priced in dollars AND Bitcoin. Tier filter computed from MLS data — lot size, sqft, bedrooms/baths, sale vs lease.

🏝️ Pinecrest Estates — 1+ acre, tree-canopied

The trophy Pinecrest tier. 1-3 acre lots with mature banyan + oak canopy, 7,500+ sqft homes, gated, tightly-held generational ownership.

🏛️ Pinecrest Mansions

5,000-7,500 sqft on the village-standard 1-acre lot. The Palmetto-feeder trade-up tier.

🏡 Pinecrest Single-Family Homes

3-5 BR single-family. The 1960s-1980s ranch + Mediterranean stock on 1-acre — Pinecrest's foundational inventory.

🏘️ Pinecrest Townhomes (the limited inventory)

The small handful of townhome enclaves in Pinecrest — for buyers who want the village schools + zip code without the 1-acre maintenance.

🏢 Pinecrest Condos

Minimal Pinecrest condo inventory — the few buildings that exist are typically the village-edge older complexes.


Pinecrest rentals — the patient pool

Pinecrest rentals are exceptionally thin because Pinecrest owners hold long. When a single-family rental does come available, it’s frequently snapped up quickly by relocating buyers who want to test-drive the Palmetto feeder schools before buying in. The seasonal-furnished market is its own world — international and out-of-state renters spending a summer or a school year while shopping for a house.

🏝️ Pinecrest Estate Rentals

$15K+/mo OR 4,000+ sqft. Estate-tier seasonal-furnished rentals — the school-year-relocator landing tier.

🌃 Pinecrest Premium Rentals

$8K-$15K/mo. Larger single-family homes on full lots — the established-relocator tier.

🏢 Pinecrest Single-Family Rentals

$4K-$8K/mo. Single-family + townhome rentals — the relocator standard.


The places that make Pinecrest, Pinecrest

Pinecrest Gardens (formerly Parrot Jungle)

11000 SW 57th Avenue. 22 acres of tropical garden + cultural-arts venue + the village’s beating heart. Originally Parrot Jungle (opened 1936, the South Florida tourist institution where every Miami kid posed for the parrot photo). When Parrot Jungle relocated to Watson Island in 2003, the Village of Pinecrest bought the property and reopened it as a cultural park. The Banyan Bowl outdoor concert venue hosts the Pinecrest Music Series (real touring artists, not just local). The Sunday farmers market is the village’s social gathering point. The splash pad + petting zoo + butterfly garden are the recreational anchor. The mature banyan trees include several specimens over 100 years old. Free admission for Village residents.

Palmetto Senior High School

7460 SW 118th Street. The school the village built itself around — consistently among the top 3 highest-rated public high schools in Miami-Dade. Strong AP + IB programs, strong athletic + arts tradition. The feeder pattern (Pinecrest Elementary → Palmetto Middle → Palmetto Senior) is the buyer-decision force in the village. “Buying inside the Palmetto zone” is a Pinecrest realtor phrase you’ll hear repeatedly.

Pinecrest Library — the Frank Lloyd Wright-inspired design

5835 SW 111th Street. The village library built in the early 2000s by architect Christopher Joel as a sympathetic-but-original interpretation of the Frank Lloyd Wright Prairie style. Heavy horizontal lines, deep eaves, native limestone, integrated landscape. It’s a small civic gesture but it’s the kind of architectural decision Pinecrest residents care about — and the kind that wouldn’t have happened in a less-discerning village.

The food — strip-mall gems + the institutions

Pinecrest food is mostly strip-mall — but the strip-malls hide real food. Roasters ‘n Toasters (the bagel + deli institution every Pinecrest family knows). Sushi Maki (the local sushi-chain flagship). JimmyZ Kitchen (Caribbean comfort, the Sunday lunch). Trulucks (steakhouse + seafood). Maxwell’s Pinecrest (American casual). The Local House at Pinecrest Gardens (farm-to-table). Devon Seafood Grill. Tropical Chinese. Sergio’s Cuban (the chain originated here). For special occasions, families drive to Coral Gables (Versailles, Bulla, Mr. Yum) or Coconut Grove (Glass & Vine, Ariete). The Pinecrest restaurant scene is more “everyday excellence” than “destination dining.”


Living in Pinecrest

Schools — the gravitational center

  • Palmetto Elementary + Pinecrest Elementary + Howard Drive Elementary — all A-rated district public, all feed Palmetto Middle.
  • Palmetto Middle School — A-rated, feeds Palmetto Senior.
  • Miami Palmetto Senior High School — consistently top-3 ranked public high school in Miami-Dade. The buyer-decision anchor.
  • Gulliver Prep — private K-12, multiple campuses including the Pinecrest area; many Pinecrest families choose Gulliver as the private alternative.
  • Riviera Schools — independent Pre-K-12, smaller boutique alternative.
  • Palmer Trinity School — Episcopal college-prep 6-12, adjacent in Palmetto Bay.
  • Westminster Christian School — Christian PreK-12, adjacent in Palmetto Bay.
  • Carrollton School of the Sacred Heart + Ransom Everglades — Coconut Grove private options many Pinecrest families consider for high school.

Getting around

  • US-1 (South Dixie Highway) — the eastern border + the spine for cross-county commute. Connects to Brickell + Downtown north, Cutler Bay + Homestead south.
  • Old Cutler Road — the scenic alternative south, runs along the canal under a continuous tree canopy.
  • SW 57th Avenue (Red Road) — the western border + the Coral Gables connection.
  • Metrorail South Miami station — connects to Brickell + Coral Gables. Some Pinecrest residents commute this way.
  • The Underline — the linear park + bike path under Metrorail, slowly extending south. Bringing pedestrian connectivity Pinecrest historically lacked.
  • Brickell 25-35 min · Coral Gables 12 min · Coconut Grove 10 min · Aventura 50 min · MIA 25 min.
  • Pinecrest is car-dependent — the village deliberately prioritized residential quiet over walkability. Most errands are 5-15 min by car. The tree-canopied streets are gorgeous for biking but the village isn’t laid out for daily-errands walkability.

The tree-canopy ordinance + native landscape

Pinecrest’s tree-protection ordinances are some of the strictest in South Florida. You generally cannot remove a mature native tree (pine, oak, banyan, mahogany) without Village approval, and approval comes with replacement-planting obligations. The result: tree-canopied streets where shade is real, lots that feel like private parks, and a built environment that values mature landscape over flat lawns. New construction has to design around existing significant trees, not bulldoze them. Pinecrest residents take this seriously — and complaints about a neighbor who illegally removed a banyan are a real social transgression.


Pinecrest 2026 market: what we’re watching

  1. Generational ownership transfers. Many Pinecrest estates were bought in the 1980s-1990s and are now moving through generational handoffs, creating rare estate-listing events. Watch the bayfront-adjacent estates (around Old Cutler) — when these trade, they clear quickly at premium.
  2. Hurricane Andrew (1992) rebuild cycle. Many Pinecrest homes were rebuilt or extensively renovated after Andrew. That rebuilding generation is now 30+ years old — beginning to face roof + systems + impact-glass replacement cycles. Pre-Andrew homes that survived intact are increasingly rare and command premium.
  3. Tear-down-rebuild premium. Limited new construction inventory means tear-down opportunities (older smaller homes on full lots) trade at land-value premium. The “buy for the lot, rebuild” play is common in Pinecrest now.
  4. Palmetto enrollment-pressure pricing. Year after year, the Palmetto feeder zone pricing outpaces just-outside-the-zone. This relationship is mathematically observable and consistent.
  5. The Underline + Metrorail walkability. The Underline linear park extending south brings bike + pedestrian connectivity to Pinecrest’s edge. Long-term, this should mature the village’s “walkable amenity” deficit. Watch the Pinecrest portion of the Underline build-out 2025-2027.

Frequently asked questions

Pinecrest vs Coral Gables vs Coconut Grove — how do they compare?

All three are top-tier Miami-Dade neighborhoods that overlap in the buyer pool. Coral Gables = older established luxury, smaller lots (mostly 0.25-0.5 acre), denser tree canopy, walkable Miracle Mile + historic architecture, $1.5M-$30M, the most “city in the village” feel. Coconut Grove = waterfront-oriented, more walkable dining + nightlife, top private schools cluster (Ransom Everglades, Carrollton, St. Stephen’s), $1M-$15M. Pinecrest = larger lots (1-acre minimum), quieter, top public schools (Palmetto Senior), 30 min from anywhere east of Brickell, $1.5M-$25M. Many buyers tour all three. Pinecrest wins on lot-size + public-school path; Coral Gables wins on walkable urbanism; Grove wins on waterfront access + private-school proximity.

Is the Palmetto Senior school zone really worth a price premium?

For a buyer planning a 12-year public-school path: yes, measurably. The Palmetto feeder pattern (Pinecrest Elementary → Palmetto Middle → Palmetto Senior) has produced consistent top-3-in-Miami-Dade outcomes for decades. Houses inside the zone vs just outside the zone trade at meaningful per-sqft differential. The trade-off: you’re paying upfront for tuition-free K-12 vs. paying private-school tuition for 13 years. The math heavily favors Pinecrest even at the price premium.

Are there really 1-acre minimum lots everywhere?

Most of Pinecrest, but not literally everywhere. The 1996 village incorporation grandfathered some pre-existing smaller-lot subdivisions and the village-edge developed areas. The core village footprint enforces 1-acre minimum. The grandfathered smaller-lot pockets (some 0.4-0.7 acre) trade at slightly lower per-sqft because they break the “Pinecrest equals 1-acre” expectation.

What about flooding + hurricane exposure?

Pinecrest is inland — elevation 8-12 feet above sea level, well above storm-surge risk for most of the village. The main exposure is wind + tree damage during major storms (Hurricane Andrew 1992 was the worst). Most Pinecrest homes built or rebuilt post-1992 have impact-resistant glass + reinforced roofs per the dramatically stricter post-Andrew building codes. Flood-insurance requirements are minimal for most of the village (verify per specific address via FEMA flood maps).

Is it really quiet?

Yes, surprisingly so. The combination of 1-acre minimum lots, tree-canopy ordinances, low through-traffic in most residential streets, and the village’s deliberate prioritization of residential character over commercial activity produces a quiet that’s hard to find elsewhere in Miami-Dade. Birdsong + leaf-rustle quiet, not silent — but you can hear your neighbor’s wind chimes at 400 feet because there’s nothing else competing.

What schools serve Pinecrest?

Public: Palmetto Elementary + Pinecrest Elementary + Howard Drive Elementary (all A-rated, all feed Palmetto Middle), Palmetto Middle (A-rated, feeds Palmetto Senior), Miami Palmetto Senior High (consistently top-3 in Miami-Dade). Private: Gulliver Prep (multiple campuses, K-12), Riviera Schools (independent Pre-K-12), Palmer Trinity School (Episcopal college-prep 6-12, adjacent Palmetto Bay), Westminster Christian School (Christian PreK-12). For Coconut Grove private: Carrollton, Ransom Everglades.

Can I buy a Pinecrest property with Bitcoin?

Yes. Pinecrest’s old-Miami-money buyer pool + Northeast U.S. buyer mix includes crypto-friendly capital. Specialized title companies handle the BTC closing mechanics. We display BTC pricing on every listing for transparency.


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Down the block

What the numbers say about living in Pinecrest

Each figure below is live from MIAMI MLS active inventory + FEMA flood data — nothing illustrative.

🌊

Flood reality

About 20% of active for-sale homes here are mapped in a FEMA Special Flood Hazard Area. Confirm a specific home's zone, elevation and insurance before you buy.

💵

What you'll pay

Median asking price is $3,700,000 (about $865/sq ft) — +363% vs MCR median.

🏠

What's available

Single Family Residence is the most common home type among the 260 homes for sale right now.

🔑

Renting here

Median asking rent is $3,500/month across 64 active rentals — useful if you're weighing rent vs. buy.

Your Pinecrest specialist

RP

Robert Paulson

Founding Broker · BK3286709

Tell me what you're after in Pinecrest — budget, building, must-haves — and I'll match you with the specialist who works that block.

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MiamiCityRealty.com LLC · 1000 5th St Ste 200, Miami Beach, FL 33139 · (305) 547-8912 · Robert Paulson, Broker · FL Lic. BK3286709. All MCR agents are REALTORS®, members of the National Association of REALTORS®. Equal Housing Opportunity. Median price, price-per-foot, inventory, days-on-market, the price trend and inventory mix are computed live from MIAMI MLS active for-sale inventory (not closed sales); the flood figure is from FEMA's National Flood Hazard Layer. All deemed reliable but not guaranteed and never an appraisal. Lifestyle and "best for" labels describe places, amenities and inventory — not people. In accordance with Florida §475.

Pinecrest · $3.7M median

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