2822 Pine Tree Dr ,Residential-multi-family for Sale & Rent

2822 Pine Tree Dr for Sale & Rent

Price $3,800,000.00

• Lot size 8580
• Year Build 1935
• Waterfront
• Zip 33140
• Style
• Parking Description
• Pool Yes
• Status Active

Description

Noble Pine Tree Apartments is a unique investment opportunity for investors looking to enter the Mid-Beach market and own 12 operating residential units. 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: $223,472. In-Place Cap Rate: 5.88%. Building Size: 5,983 SF. Lot Size: 8,580 SF.

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 unique investment opportunity for investors looking to enter the Mid-Beach market and own 12 operating residential units. 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: $223,472. In-Place Cap Rate: 5.88%. Building Size: 5,983 SF. Lot Size: 8,580 SF.

City:Miami Beach,Zoning:3900,List A O R:A-Miami Association of REALTORS,Latitude:25.8053352,List Price:3800000,Listing Id:A11886467,Longitude:-80.1282723,Mls Status:Active,Year Built:1935,Postal Code:33140,Street Name:Pine Tree Dr,Coordinates:1:25.8053352,Photos Count:22,Lot Size Units:Square Feet,M I A M I R E_ Area:32,On Market Date:2025-09-29,Parcel Number:02-32-27-004-0220,Property Type:Commercial Sale,Street Number:2822,Public Remarks:Noble Pine Tree Apartments is a unique investment opportunity for investors looking to enter the Mid-Beach market and own 12 operating residential units. 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: $223,472. In-Place Cap Rate: 5.88%. Building Size: 5,983 SF. Lot Size: 8,580 SF.,County Or Parish:Miami-Dade County,Expiration Date:2026-09-29,List Office Name:STL Advisors, 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:43631,Unparsed Address:2822 Pine Tree Dr, Miami Beach FL 33140,Listing Agreement:Exclusive Agency,M I A M I R E_ Blogging:1,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 unique investment opportunity for investors looking to enter the Mid-Beach market and own 12 operating residential units. 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: $223,472. In-Place Cap Rate: 5.88%. Building Size: 5,983 SF. Lot Size: 8,580 SF.,Listing Contract Date:2025-09-29,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,M I A M I R E_ Total Mortgage:2299000,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Miami Beach (Mid-Beach) 12-Unit Multifamily For Sale. Fully renovated.,M I A M I R E_ Parcel Number M L X:0220,M I A M I R E_ Street View Param:1$25.805328$-80.128323$120.47$13.33$1.00$2gsRpdhLMsHI6TCdTMrFYQ,Contract Status Change Date:2025-09-29,Internet Address Display Y N:1,Number Of Units In Community:12,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:4,M I A M I R E_ Agent Alternate Phone:561-901-1402,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:2822 Pine Tree Dr,