2822 Pine Tree Dr, Miami Beach FL 33140,Miami Beach,Miami-Dade County,Commercial Sale
Commercial Sale
Active
2822 Pine Tree Dr, Miami Beach FL 33140,Miami Beach,Miami-Dade County,Commercial Sale
2822 Pine Tree Dr, Miami Beach FL 33140
Overview
- Income/MultiFamily
- 1935
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%.
Address
Open on Google Maps- Address Pine Tree Dr
- City Miami Beach
- State/county Miami-Dade County
- Zip/Postal Code 33140
Details
Updated on April 25, 2025 at 5:21 am- Property ID: A11790372
- Price: $4,000,000
- Year Built: 1935
- Property Type: Income/MultiFamily
- Property Status: Commercial Sale
Additional details
- PublicSurveyRange: 32
- CoListAgentDirectPhone: 303-995-7616
- ListAgentKey: 532fa160500ca60b9e6afd516c802a2a
- TaxLegalDescription: 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
- OnMarketDate: 2025-04-24
- ListAgentEmail: [email protected]
- ContractStatusChangeDate: 2025-04-24
- MajorChangeTimestamp: 2025-04-24T21:30:35.970Z
- PhotosCount: 22
- StatusChangeTimestamp: 2025-04-24T21:30:35.970Z
- CoListOfficeName: Compass Florida, LLC.
- PriceChangeTimestamp: 2025-04-24T20:22:45.323Z
- ListingKeyNumeric: 410549926
- MajorChangeType: New
- ListingContractDate: 2025-04-24
- CoListOfficeKey: 8a1a44b458b700716e0254a98b293ce2
- Zoning: 3900
- ListAOR: A-Miami Association of REALTORS
- TaxAnnualAmount: 43631
- ListOfficeName: Compass Florida, LLC.
- CurrentUse: Income Non-Waterfront
- OriginatingSystemKey: miamire
- BusinessType: Residential-Multi-Family
- PhotosChangeTimestamp: 2025-04-24T21:33:54.030Z
- OriginatingSystemName: Miami Association of REALTORS®
- ListOfficePhone: 305-851-2820
- MlsStatus: Active
- StreetNumber: 2822
- CoListOfficeMlsId: COMP01
- ListingKey: 21e3ad3026f7f9c839cae434ca555d4a
- StateOrProvince: FL
- CoListAgentEmail: [email protected]
- ListOfficeKey: 8a1a44b458b700716e0254a98b293ce2
- BridgeModificationTimestamp: 2025-04-25T03:03:55.785Z
- ListAgentFullName: Nancy Batchelor
- ListAgentOfficePhone: 305-851-2820
- Stories: 2
- ParcelNumber: 02-32-27-004-0220
- OtherExpense: 0
- CoListAgentOfficePhone: 305-851-2820
- IDXParticipationYN: 1
- InternetAddressDisplayYN: 1
- ListAgentMlsId: 0416207
- StoriesTotal: 2
- ModificationTimestamp: 2025-04-25T03:00:09.743Z
- OriginatingSystemID: miamire
- DaysOnMarket: 0
- NetOperatingIncome: 232202
- ListOfficeMlsId: COMP01
- ListAgentDirectPhone: 303-995-7616
- CoListAgentFullName: Hayden Trotter
- CoListAgentKey: f6f2f648b1565837243f36645751ecf2
- StreetNumberNumeric: 2822
- CoListAgentStateLicense: 3435153
- PostalCodePlus4: 4379
- NumberOfUnitsInCommunity: 12
- SyndicationRemarks: 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%.
- ListAgentStateLicense: 0416207
- CoListAgentMlsId: 3435153
- PublicSurveyTownship: 32
- StreetName: Pine Tree Dr
- ListingAgreement: Exclusive Right To Sell
- PublicSurveySection: 27
- SpecialListingConditions: Sale
- NumberOfBuildings: 2
- OriginalListPrice: 4000000
- BuildingAreaUnits: Square Feet
- InternetEntireListingDisplayYN: 1
- OriginalEntryTimestamp: 2025-04-24T21:30:35.970Z
- SourceSystemKey: 410549926
- ConstructionMaterials: Concrete Block Construction
- ListOfficeURL: nancybatchelor.com
- LotSizeSquareFeet: 8580
- CoListOfficePhone: 305-851-2820
- BuildingAreaTotal: 5983
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