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22-Unit Apartment Building
New
For Sale
$700,000

3720 Miramar Drive, Pine Bluff, AR 71603

Multi-Family, Traditional, Pine Bluff, AR

Property Size13,104 SF
Lot Size0.88 Acres
Price / SF$53.42
Days on Market6

Property Features for 3720 Miramar Drive

General Information

Property type Residential Multi Family
Property subtype Apartment
Appliances Free-Standing Stove, Refrigerator-Stays, Free-Standing Stove, Refrigerator-Stays
Subdivision Metes & Bounds
Lot features Level
Directions From I 530 take exit 39, Left on Hwy 79, Right on Miramar, Complex is on the right
Standard status Active
APN 931-66393-001
Size 13,104 SF
Lot size 0.88 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Extended Legal
Tax Annual Amount 7177
Legal Description Extended Legal

Building Details

Year built 1986
Floors in Building 2
Number of units 22
Flooring type Vinyl
Roof type Composition
Architectural style Other
Listing Agency: Re/Max Platinum
Listed By: Wes Brown · License #PB00087003
Added: Sep 28 Last Checked: Oct 3 at 8:06AM
MLS# 26039287

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. 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.

This 22-unit apartment property in Pine Bluff contains 13,104 square feet on a 0.88-acre parcel. The two-story building was constructed in 1986 on a slab foundation, with vinyl flooring and a composition roof. Each apartment has one bedroom and one bathroom; free-standing stoves and refrigerators are included.

Fourteen of the 22 apartments are occupied, and professional property management is in place. The property is located at 3720 Miramar Drive in Pine Bluff, Arkansas.

Key Highlights

  • 22 apartments, each configured with 1 bedroom and 1 bathroom
  • 14 of 22 units occupied; professional property management in place
  • 13,104 square feet on 0.88 acres

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office (Bike/Boat/Book/etc) Store Accounting Firm Cafe & Coffee Shop

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

22
Residential units

Location Intelligence

Trade Area within ½ mile

384
Businesses Nearby

Demographics for 71603, AR

30,236
Population
13,997
Households
2.2
Avg Household Size
43
Median Age
24%
College-Educated
90%
High-School Grad
167.8 sq mi
ZIP Area
180
Density / Sq Mi
$51,019
Median Household Income
$35,833
Median Earnings
$859
Median Rent
$116,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Fourteen apartments are occupied, and professional property management is in place.
Where is this apartment building located?
The property is located at 3720 Miramar Drive Pine Bluff, AR.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 22 apartments, each configured with 1 bedroom and 1 bathroom; 14 of 22 units occupied; professional property management in place; 13,104 square feet on 0.88 acres
More about this property
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