2822 Pine Tree Dr , en Venta & Alquilar

2822 Pine Tree Dr en Venta & Alquilar

Precio $3,800,000.00

• Tamaño de lote 8580
• Año de construcción 1935
• Frente al agua
• Zip 33140
• Estilo
• Parking Descripción Assigned
• Piscina Yes
• Estado Active

Descripción

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 caf?-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.

FAIRGREEN R/S BLKS C-D-E PB 4-154 LT 12 LESS BEG NW COR LT 11 N 14.43FTSE TO NE COR LT 11 WALG N/ L LT 11 TO POB BLK D LOT SIZE 60.000 X 143

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 caf?-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.

City:Miami Beach,Zoning:3900,List A O R:A-Miami Association of REALTORS,Latitude:25.8053352,List Price:3800000,Listing Id:A11930621,Longitude:-80.1282723,Mls Status:Active,Year Built:1935,Postal Code:33140,Street Name:Pine Tree Dr,Coordinates:1:25.8053352,Photos Count:21,Business Type:1:Residential-Multi-Family,Days On Market:3,Lot Size Units:Square Feet,M I A M I R E_ Area:32,On Market Date:2025-12-16,Parcel Number:02-32-27-004-0220,Property Type:Commercial Sale,Street Number:2822,Public Remarks: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 caf?-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.,County Or Parish:Miami-Dade County,Expiration Date:2026-06-07,List Office Name:Compass Florida, LLC,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:4379,Property Sub Type:Income/MultiFamily,State Or Province:FL,Tax Annual Amount:43437,Unparsed Address:2822 Pine Tree Dr, Miami Beach FL 33140,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:5983,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Square Feet:8580,M I A M I R E_ Flood Zone:AE,Original List Price:3800000,Public Survey Range:32,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks: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 caf?-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.,Listing Contract Date:2025-12-16,Originating System I D:miamire,Public Survey Section:27,Street Number Numeric:2822,Tax Legal Description:FAIRGREEN R/S BLKS C-D-E PB 4-154 LT 12 LESS BEG NW COR LT 11 N 14.43FTSE TO NE COR LT 11 WALG N/ L LT 11 TO POB BLK D LOT SIZE 60.000 X 143,M I A M I R E_ Current Price:3800000,Public Survey Township:32,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Noble Pine Tree Apartments is a fully renovated 12-unit boutique multifamily offering modern finishes, and strong in-place income in Miami Beach,M I A M I R E_ Parcel Number M L X:0220,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$25.805328$-80.128323$120.53$13.33$1.00$2gsRpdhLMsHI6TCdTMrFYQ,M I A M I R E_ Supplement Count:1,Contract Status Change Date:2025-12-16,Internet Address Display Y N:1,Number Of Units In Community:12,M I A M I R E_ Ok To Advertise List:With Written Broker Approval,M I A M I R E_ Subdivision Number:4,M I A M I R E_ Agent Alternate Phone:305-542-6470,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:2822 Pine Tree Dr,