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$3,800,000

  • For Sale
  • Active
  • Apartment
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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.

Full Property Details for 2822 Pine Tree Dr

General

  • Price: $3,800,000
  • Taxes: $43,437
  • Status: Active
  • Type: Apartment
  • Source: Greater_Miami
  • MLS ID: A11930621
  • Updated: 4/15/2026
  • Added to Site: 128 day(s) ago

Business

  • Business Type: Apartments, Residential-Multi-Family

Parking

  • Parking Features: Assigned

Location

  • County: Miami-Dade County

Community

  • Units Assoc/Comm: 12

Structural Information

  • Detached/Attached: Detached
  • Construction: CBS Construction
  • Roof: Shingle
  • Building Size: 5983
  • Year Built: 1935

Unit Information

  • Units in Complex: 12

Lot Features

  • Lot Size (Sq. Ft.): 8,580
  • Zoning: 3900

Financial Considerations

  • Tax Amount: $43,437
  • Terms: All Cash

Disclosures and Reports

  • Special Conditions: Sale
  • 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
  • Property ID: 02-32-27-004-0220

Listed by Compass Florida, LLC and The Keyes Company

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Listing agents

— 2822 Pine Tree Dr —

  • Compass Florida, LLC

  • The Keyes Company

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2822 Pine Tree Dr

School District:Dade County School District
NameGradesDistance
North Beach Elementary School
4100 Prairie Avenue, Miami Beach, FL 33140
PK-50.6 mi
Nautilus Middle School
4301 N Michigan Ave, Miami Beach, FL 33140
6-80.8 mi
Miami Beach Senior High School
2231 Prairie Avenue, Miami Beach, FL 33139
9-120.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2822 Pine Tree Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/16/2025
Listed
$3,800,000
26.67%
MLS
6/27/2023
Sold
$3,000,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2822 Pine Tree Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$43,631
—
$2,315,398
—
2024
$43,631
29%
$2,321,867
30%
2023
$33,700
17%
$1,783,376
11%
2022
$28,871
7%
$1,611,934
11%
2021
$26,870
—
$1,447,360
3%
2021
$26,870
8%
$1,403,617
25%
2019
$24,918
9%
$1,123,873
10%
2018
$22,858
3%
$1,021,703
-35%
2017
$22,125
3%
$1,563,346
85%
2016
$21,577
26%
$844,383
10%
2015
$17,065
9%
$767,621
10%
2014
$15,588
21%
$697,838
10%
2013
$12,902
—
$634,399
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Compass Florida, LLC and The Keyes Company

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2822 Pine Tree Dr, Miami Beach, FL 33140 (MLS# A11930621) is a Apartment property. 2822 Pine Tree Dr is currently listed for $3,800,000 and was received on December 16, 2025. Want to learn more about 2822 Pine Tree Dr? Do you have questions about finding other Apartment real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

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