Entity led by Keith Menin sold the Pine Tree Drive house
The owners of Pura Vida Miami paid nearly $7 million for a waterfront home in Miami Beach.
Property records show 5401 Pinetree LLC, led by hospitality mogul Keith Menin, sold the five-bedroom, six-and-a-half-bedroom home at 5401 Pine Tree Drive to Omer and Jennifer Horev for $6.8 million. Menin, along with Mathew Papunen and Adam Singer, manages the company that sold the property.
The Horevs own Pura Vida, a group of five restaurants in Miami, Miami Beach, and West Palm Beach. They also co-own the recently opened Abba Telavivian Kitchen in South Beach with chef and restaurateur Samuel Gorenstein.
The Horevs financed their purchase with a $5 million loan from J.P. Morgan Chase.
Their new Miami Beach house spans 5,633 square feet and features a pool deck with a loggia and heated pool, updated kitchen, and landscaped courtyard.
The Menin-led LLC paid $4.2 million for the 0.3-acre property in 2018. The house was built in 1925 and expanded in the early 1980s. The property has 75 feet of water frontage along the Indian Creek Canal.