2822 Pine Tree Drive, Miami Beach, FL 33140
Miami Beach, FL, 33140
$3,200,000
Listing courtesy of Compass Florida, LLC
0 ba
0
Bathrooms
0.2 acres
Lot size
1935
Year built
About 2822 Pine Tree Drive, 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
Property Type
Multi Family
Status
for-sale
Price
$3200000
Interior
Bathrooms
0
Exterior & Lot
Lot Size
0.2 acres
Year Built
1935
Finance & HOA
Original List Price
$3800000
Property Details
Property
Interior
Exterior & Lot
Finance, Tax & HOA
Price & status history
Location
Additional Information
Tours & Media
Virtual tours
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Frequently asked questions
How many bathrooms does this home have?+
This home has 0 bathrooms.
How much does this home cost?+
This home is listed at $3200000.
What type of property is this?+
This is a multi family listing.
When was this home built?+
This home was built in 1935.
How large is the lot?+
The lot size is 0.2 acres.
Where is this home located?+
This home is located in Miami Beach, FL.
Contact about this property
Lily
Mutti Real Estate
FL Lic. #3214903
Listing office contact: 954-477-7332
MLS# A11930621 · Last updated Oct 16, 2026