2822 Pine Tree Dr
Miami Beach, FL 33140
$4,000,000
Active
22+
$4,000,000
Active
Bedrooms
Bathrooms
N/A
Half Baths
Size Sq. Ft.
7
DOM
2822 Pine Tree Dr
Miami Beach, FL 33140
Beds, Baths, Multi Family Sq.Ft.
ATTENTION INVESTORS! Noble Pine Tree Apartments is a rare opportunity for investors looking to enter the Mid-Beach market and own 12 move-in ready residences. All units are fully renovated, with most featuring new in-unit washer/dryers. The unit mix includes (1) two-bedroom, (5) one-bedrooms, and (6) studios. The current average rent per unit is $2,175. Though there are 12 operating units, the building was originally constructed as 8 legal units. The property has been thoughtfully upgraded over time, with modern cabinetry, tile flooring, updated appliances, new vanities, lighting, countertops, and select kitchenettes. In-Place NOI: $232,202. In-Place Cap Rate: 5.4%.
Listing Summary
- Address 2822 Pine Tree Dr
- City Miami Beach
- County Miami-Dade
- Zip 33140
- Price $4,000,000
- Status Active
- Subdivision
- Pets Allowed No
- MLS® # A11790372
- Property Type Commercial Sale
- Property Sub TypeMulti Family
- Status Active
- Square Feet
- Year Built 1935
- Waterfront No
- Maintenance Fees No Info Provided
- Taxes $43,631
- Tax Year
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The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above (A11790372) is provided courtesy of (Compass Florida, LLC.). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Data last updated on 05-02-2025. IDX powered by Realty Net Media