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    2822 Pine Tree Dr Miami Beach, FL 33140

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    For Sale
    $3,550,000

    Boutique 12-unit multifamily property with modern finishes and strong income.

    Type:Commercial
    Added:
    Apr 24, 2026
    Days on Market:
    13
    Last Refresh:
    Apr 24 at 3:44 pm

    Property Features for 2822 Pine Tree Dr

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1935

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    Listing Contact
    Alexander D Blanco

    Listing agent Alexander D Blanco License #3399763

    Listing office The Keyes Company

    Listing date Apr 24, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of The Keyes Company

    HighLights

    • Fully renovated 12‑unit multifamily property on prestigious Pine Tree Drive in Miami Beach.
    • Strong in‑place income with a proven rent roll of $291,000 gross and NOI of approximately $215,350.
    • Upgraded units featuring premium kitchens, sleek baths, and in‑unit laundry in most residences.
    • Located a 5‑minute walk to the beach and steps from the new $42.8M Bayshore Park.
    • Lush outdoor spaces with hammocks, shaded seating, and café‑style areas.
    • Offered at $3.8M with a ~5.8% cap rate in a high‑barrier‑to‑entry market.

    Overview

    Renovated Multifamily on Pine Tree Drive

    The property is a fully renovated 12-unit multifamily building located on Pine Tree Drive. It features modern finishes and Art Deco charm. The property has a proven rent roll of $291,000 gross with a net operating income of approximately $215,350. The units have been upgraded and feature premium kitchens, sleek baths, and in-unit laundry in most residences. Outdoor spaces include hammocks, shaded seating, and café-style areas. The property is a short walk to the beach and steps from the new $42.8 million Bayshore Park, which includes 19 acres of green space, tennis courts, a dog park, and enhanced security. The location is considered desirable and ensures long-term appreciation and high tenant demand. The property is suitable for investors seeking steady yield and premium positioning.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami Beach
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.12823
    Latitude
    25.805204

    FAQs

    What type of property is this?
    Apartment building - Boutique 12-unit multifamily property with modern finishes and strong income.
    Where is this apartment building located?
    The property is located at 2822 Pine Tree Dr Miami Beach, FL.
    What is the asking price?
    The asking price for this property is $3,550,000.
    What are key features of this property?
    This property features: Fully renovated 12‑unit multifamily property on prestigious Pine Tree Drive in Miami Beach.; Strong in‑place income with a proven rent roll of $291,000 gross and NOI of approximately $215,350.; Upgraded units featuring premium kitchens, sleek baths, and in‑unit laundry in most residences.
    More about this property
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