Commercial Sale · Income/MultiFamily
2822 Pine Tree Dr, Miami Beach FL 33140, MIAMI BEACH, FL, 33140
Active237 days on marketListed Dec 16, 2025MLS #A11930621
About this property
The property at a glance
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.
5,983
Building sq ft
$535
Price / sq ft
8,580
Lot sq ft
1935
Year built
3900
Zoning
Income/MultiFamily
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$18,169/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Jessica to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
3,848
Population
$136,874
Median income
39
Median age
2
Avg household
$1,296,558
Median home value
$2,434/mo
Median rent
301
Households w/ kids
Consumer profile
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
This population finds the most beautiful sites just by looking up. Sunrise, sunset or sometime in between, these people love to marvel at man-made and natural wonders.
Seeking peace and well-being through meditation, gratitude and spirituality.
Improving flexibility, strength, and overall well-being is the yogi's aim. This population is looking for the right community, instruction, and accessories.
Recent sales
What actually sold near 2822 Pine Tree Dr
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$2,400,000
751 Euclid Ave, Miami Beach FL 33139
Sold Dec 11, 2024
$1,940,000
6838 Abbott Ave, Miami Beach FL 33141
Sold Jan 2, 2025
$2,200,000
Nearby listing
Sold Jun 18, 2025
Your team
The pros in your corner
Your agent
Jessica Stickler
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 2822 Pine Tree Dr — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 2822 Pine Tree Dr.
See it in person
Schedule a tour
Live availability from Jessica's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of Compass Florida, LLC · Jeffrey Corriolan PA. MLS #A11930621.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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