2822 Pine Tree Dr, Miami Beach FL 33140

Description of 2822 Pine Tree Dr, Miami Beach FL 33140

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 café-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.

Property Details for 2822 Pine Tree Dr, Miami Beach FL 33140

Parking Features

Assigned

Pool Private

No

Year Built Details

Resale

Building Information for 2822 Pine Tree Dr, Miami Beach FL 33140

Building Area Total

5983

Building Area Units

Square Feet

Association

No

Property Information for 2822 Pine Tree Dr, Miami Beach FL 33140

Lot Size Square Feet

8,580

Waterfront

No

View

No

Construction Materials

CBS Construction

Roof

Shingle

New Construction

No

Public Records for 2822 Pine Tree Dr, Miami Beach FL 33140

Parcel Number

02-32-27-004-0220

Tax Annual Amount

$43,437

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

Zoning

3900

County Or Parish

Miami-Dade County

Location