2822 Pine Tree Dr, Miami Beach, FL 33140

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$4,000,000

bedrooms

bathrooms

square feet

Acreage

Open Houses

year built

1935

Full Baths

Half Baths

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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%.

Location
Subdivision	-
County	Miami-Dade
Elementary School	-
Middle School	-
High School	-

Exact location data not provided

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Open houses

None scheduled.

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MLS number: A11790372

Listing agent: Nancy Batchelor Pa #0416207

Listing broker: Compass Florida Llc (305) 851-2820

Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Friday, April 25 2025 at 1:59 a.m. EDT

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