2822 Pine Tree Dr, Miami Beach, FL 33140
- 5,983 sqft
Multi-Family Home 
Built in 1935 
8,712sqft lot
—— car garage 
$593/sqft 
Listed 4 months ago
Property Description
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.
- Listing Status:
- Active
- Date Added:
- December 16, 2025
- Data Last Updated:
- May 1, 2026 at 7:06AM
- Listing Office:
- Compass Florida, LLC : 954-477-7332
- Listing Agent:
- Jeffrey Corriolan : 305-542-6470
- MLS ID:
- A11930621
- Roofing: Shingle
- General: CBS Construction
- Originating MLS: Miami Association of REALTORS®
- County: Miami-Dade County
- Zoning: 3900FAIRGREEN 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 14302-32-27-004-0220
- Source: Miami Association of REALTORS®
This listing courtesy of Jeffrey Corriolan , Compass Florida, LLC
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
