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Fully Renovated 12-Unit Apartment Building
For Sale
$3,200,000

2822 Pine Tree Dr, Miami Beach, FL 33140

MULTI_FAMILY - Miami Beach, FL

Property SizeContact for details
Lot Size0.20 Acres
Days on Market29

Property Features for 2822 Pine Tree Dr

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description 3900
Parking features Assigned
Subdivision 32
Special listing conditions Real Estate Owned, In Foreclosure
Standard status Active
APN 02-32-27-004-0220
Lot size 0.20 Acres

Taxes and HOA fees

Tax Description 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
Tax Annual Amount 43437
Legal Description 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

Amenities

in-unit laundry
hammocks
shaded seating
cafe-style areas

Building Details

Year built 1935
Number of units 12
Flooring type Laminate
Building materials Block
Roof type Shingle
Listing Agency: Compass Florida, LLC
Listed By: Jeffrey Corriolan PA · License #3259001
Added: Jul 10 Changed: Jul 29 Last Checked: Aug 7 at 5:06AM
MLS# A11930621

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Noble Pine Tree Apartments is a fully renovated 12-unit boutique apartment building on Pine Tree Drive. The property features block construction and a shingle roof, with laminate flooring throughout. Units include premium kitchen and bath finishes, and in-unit laundry is available in most residences. Design elements and updated interior details support a streamlined, resident-ready layout.

Set on a 0.197-acre lot, the property provides assigned parking. Built in 1935, the building offers a compact, boutique multifamily footprint with upgraded living spaces and landscaped outdoor areas designed for comfortable day-to-day use.

Noble Pine Tree Apartments is positioned in a highly desirable Miami Beach setting, with a 5-minute walk to the beach. It is also steps from Bayshore Park, which offers 19 acres of green space along with tennis courts and a dog park. The offering is presented with an approximately 5.8% cap rate.

Key Highlights

  • Fully renovated 12‑unit boutique apartment building
  • 0.197‑acre lot
  • Built in 1935 with block construction and a shingle roof

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Furniture & Home Goods Auto Repair Shop Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

2,936
Businesses Nearby

Demographics for 33140, FL

19,315
Population
16,000
Households
1.2
Avg Household Size
46
Median Age
62%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
6,231
Density / Sq Mi
$103,898
Median Household Income
$65,708
Median Earnings
$2,020
Median Rent
$863,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully renovated 12-unit apartment building with block construction, shingle roof, and assigned parking.
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 $3,200,000.
What are key features of this property?
This property features: Fully renovated 12‑unit boutique apartment building; 0.197‑acre lot; Built in 1935 with block construction and a shingle roof
More about this property
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