No photos available
Offered at
$3,499,000
2822 Pine Tree Drive, Miami Beach, FL 33140
- 0
- Beds
- 0
- Full Baths
- 5,983
- Sq.Ft.
Listing courtesy of Jeffrey C Corriolan, Compass Florida, LLC
Property Description
Noble Pine Tree Apartments is a fully renovated 12-unit boutique multifamily on prestigious Pine Tree Drive, offering modern finishes, Art Deco charm, and strong in-place income in one of Miami Beach’s most desirable neighborhoods. With a proven rent roll ($291,000 gross with an NOI of about $215,350), upgraded units featuring premium kitchens, sleek baths, and in-unit laundry in most residences, the property delivers turnkey stability with rental upside. Lush outdoor spaces—hammocks, shaded seating, and café-style areas—create a tropical retreat just a 5-minute walk to the beach. Steps from the new $42.8M Bayshore Park with 19 acres of green space, tennis courts, dog park, and enhanced security, the location ensures long-term appreciation and high tenant demand. Offered at $3.8M with a ~5.8% cap rate, the asset provides rare value in a high-barrier-to-entry market and is ideal for investors seeking both steady yield and premium Miami Beach positioning.
Overview
At a glance
- Property Type
- Commercial Sale
- Property Sub-Type
- Multi Family
- Address
- 2822 Pine Tree Drive, Miami Beach, FL 33140
- Zoning
- 3900
- MLS ID
- A11930621
- Listing Date
- 2025-12-16
- Last Updated
- 6/4/2026, 3:41:38 PM
- Days on Market
- 178
Features & Amenities
The Details
Interior
- Flooring
- Laminate
Exterior
- Construction
- CBS
- Parking
- Assigned
Details
- Building Area
- 5,983 sq.ft.
- Lot Size
- 8,580 sq.ft.
- Lot Size (Acres)
- 0.2 acres
- Year Built
- 1935
- County
- Miami-Dade
- Zoning
- 3900
Financial
- List Price
- $3,499,000
- Original List Price
- $3,800,000
- Annual Tax
- $43,437/yr
Location
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Learn More →Information & Accuracy
All information provided on this page is deemed reliable but is not guaranteed. Square footage, lot size, room dimensions, year built, taxes, and HOA figures are sourced from the MLS, the seller, or public records, and Aquantis Realty makes no representation or warranty as to their accuracy. All measurements and material facts should be independently verified by the buyer.