2822 Pine Tree Drive
Miami Beach, FL 33140
MLS # A11930621· Active IDX
$3,200,000
- Bathrooms
- 0
- Living area
- 5,983 sq ft
- Lot size
- 0.2 acres
- Year built
- 1935
- Type
- Multi Family
- Days on market
- 304
About this home
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.
Details
| MLS # | A11930621 |
|---|---|
| Status | Active |
| County | Miami-Dade |
| ZIP | 33140 |
| Construction | CBS |
| Roof | Shingle |
| Flooring | Laminate |
| Annual taxes | $43,437 |
Listing courtesy of Compass Florida, LLC, Jeffrey C Corriolan. Last updated Oct 16, 2026, 2:41 PM ET.
Request a showing
Mention MLS # A11930621 (2822 Pine Tree Drive) and when you would like to visit. A licensed real-estate professional will contact you.
Licensed brokerage
Premier Real Estate Group Inc
Broker of record Maxim Bohadana, Florida broker license BK3314523
(954) 703-4504The data relating to real estate for sale on this website comes in part from the IDX Program of BeachesMLS, Inc. Information is deemed reliable but not guaranteed. Listings held by brokerages other than Premier Real Estate Group Inc are marked with the IDX logo and detailed information about them includes the name of the listing broker. Last updated Oct 16, 2026, 2:41 PM ET.