2822 Pine Tree Drive, Miami Beach, FL 33140
$3,200,000 · $535 per sq ft · Multifamily for sale
- Property type: Multi Family
- Asking price: $3,200,000
- Price per sq ft: $535
- Building size: 5,983 sq ft
- Lot size: 8,712 sq ft
- Zoning: 3900
- Year built: 1935
- Parcel ID: 0232270040220
- MLS#: A11930621
About this property
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.
Building Features and Utilities
- CBS
Operating Statement
| Property taxes | $43,437/yr |
|---|
Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
Compass Florida, LLC · mlsfl@compass.com · Listing agent: Jeffrey C Corriolan
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.
Request a tour or more information
Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 2822 Pine Tree Drive or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.
Questions About 2822 Pine Tree Drive
- How much is 2822 Pine Tree Drive?
- 2822 Pine Tree Drive is listed at $3,200,000, about $535 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
- What is 2822 Pine Tree Drive zoned?
- The listing reports zoning of 3900. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
- How big is 2822 Pine Tree Drive?
- The listing reports 5,983 square feet of building.
- When was 2822 Pine Tree Drive built?
- 2822 Pine Tree Drive was built in 1935. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
- What are the property taxes on 2822 Pine Tree Drive?
- The listing reports annual property taxes of $43,437. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
- How do I tour 2822 Pine Tree Drive?
- Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.
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