Basic Information

  • MLS # A11790372
  • Type Multi Family
  • Status Active
  • Year Built 1935
  • Total Sqft 8,580
  • Date Listed 04/24/2025
  • Days on Market 20
Description

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%.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description
  • Style Multi Family

Interior Features

  • Adjusted Sqft 8,580Sq.Ft
  • Sqft 8,580 Sq.Ft

Property Features

  • Address 2822 Pine Tree Dr
  • Aprox. Lot Size 8,580
  • City Miami Beach
  • Construction Materials Block
  • County Miami- Dade
  • Furnished Info no
  • Levels Two
  • Occupant Type Call Agent
  • Postal City Miami Beach
  • Public Survey Section Two
  • Public Survey Township 2
  • Stories 2
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $43,631
  • Tax Legal desc F A I R G R E E N R/ S B L K S C- D- E P B4-154 L T12 L E S S B E G N W C O R L T11 N14.43 F T S E T O N E C O R L T11 W A L G N/ L L T11 T O P O B B L K D L O T S I Z E60.000 X143
  • Tax Year 0
  • Type of Property Multi Family

2822 Pine Tree Dr

Miami Beach, FL 33140

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compass Florida, LLC.. tel: 305-851-2820

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