FL > Miami Beach
Miami Beach, FL 33140,2822 Pine Tree Dr
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Miami Beach, FL 33140,2822 Pine Tree Dr
Miami Beach, FL 33140,2822 Pine Tree Dr
Miami Beach, FL 33140,2822 Pine Tree Dr
Miami Beach, FL 33140,2822 Pine Tree Dr
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Alex Mendel

Alex Mendel

+1(561) 827-8449
$ 4,000,000
Est. payment /mo
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2822 Pine Tree Dr Miami Beach, FL 33140

5,983 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,983 sqft

Price per Sqft $668

MLS Listing ID A11790372

HOA Y/N No

Year Built 1935

Annual Tax Amount $43,631

Lot Size 8,580 Sqft

Property Sub-Type Multi Family

Property Description

ATTENTION INVESTORS! Noble Pine Tree Apartments is a rare opportunity for investors looking to enter the Mid-Beach market and own 12 move-in ready residences. All units are fully renovated, with most featuring new in-unit washer/dryers. The unit mix includes (1) two-bedroom, (5) one-bedrooms, and (6) studios. The current average rent per unit is $2,175. Though there are 12 operating units, the building was originally constructed as 8 legal units. The property has been thoughtfully upgraded over time, with modern cabinetry, tile flooring, updated appliances, new vanities, lighting, countertops, and select kitchenettes. In-Place NOI: $232,202. In-Place Cap Rate: 5.4%.

Location

State FL

County Miami-dade

Area 32

Exterior

Private Pool Yes

Building

Story 2

Level or Stories Two

Structure Type Block

Others

Tax ID 02-32-27-004-0220

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11790372

Listed by Compass Florida, LLC.
agent

Alex Mendel

Agent

+1(561) 827-8449

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2822 Pine Tree Dr

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