2822 Pine Tree Dr, Miami Beach, FL 33140
OFF MARKET

2822 Pine Tree Dr
Miami Beach, FL 33140

Nautilus
  • 12 Beds
  • 12 Baths
  • 5,983 sqft
12 Beds
12 Baths
5,983 sqft

Local Information

  • Map ViewExplore the area around 2822 Pine Tree Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Discover Noble Pine Tree Apartments, a fully renovated 12-unit boutique multifamily property ideally located on prestigious Pine Tree Drive in Miami Beach. Blending timeless Art Deco charm with modern finishes and strong in-place income exceeding $372,000 annualy, this property delivers turnkey stability, excellent yield, and long-term appreciation in one of Miami Beach’s most sought-after neighborhoods.

Highlights
Price: $3,600,000 | Cap Rate: ˜ 5.8 % (on actuals)
Annual Gross Rent: $373,800 | NOI (Est.): $260,000 – $275,000
Unit Mix: 1 × 2BR | 5 × 1BR | 6 × Studios
Avg. Rent per Unit: $2,175 | Potential Rent: $2,400 – $2,600 per unit
Lot Size: 8,580 SF | Construction: Concrete block | Fully Renovated
Price per Unit: ˜ $300,000 | Price per SF: $600.00

Each unit has been tastefully upgraded with quartz countertops, premium cabinetry, modern appliances, designer lighting, and sleek bathroom finishes.
Most units include in-unit washer/dryers, maximizing tenant retention and reducing operating costs.
The property’s lush outdoor areas with shaded seating, hammocks, and café-style tables create an inviting tropical retreat just a 5-minute walk to the beach.
Nestled between multi-million-dollar estates and luxury hotels, the property sits less than a block from the newly completed $42.8 million Bayshore Park Redevelopment, featuring:
19.4 acres of green space with a central lake and pavilion
Six tennis courts, dog park, jogging trail, and playgrounds
Enhanced lighting and security that further elevate Mid-Beach appeal
This transformative public investment ensures lasting appreciation and premium tenant demand.

Investment Opportunity
Turnkey, cash-flowing asset with proven rent roll and low vacancy.
Stabilized income with rental upside through repositioning or furnished corporate rentals (subject to zoning).
Ideal 1031 exchange replacement or first-entry Miami Beach investment.
High-barrier-to-entry location where land scarcity and zoning limits protect long-term value.
At $3.6 million, Noble Pine Tree Apartments offers institutional-grade fundamentals in a boutique footprint, a rare opportunity on Pine Tree Drive.

Additional Information
Shown by appointment only — please do not disturb tenants.
Full rent roll and financials available upon request.
Broker inquiries welcome.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
No Info
Outdoor
Patio, Deck
View
No Info
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 2822 Pine Tree Dr

Interior Features

Heating & Cooling
Heating: Wall, ElectricHeating Fuel: Wall
Levels, Entrance, & Accessibility
Stories: 1Floors: Softwood, Tile, Linoleum VinylGated Entry
Interior Details
Types of Rooms: Walk In Closet, Breakfast Nook, Dining Room, Family Room, Laundry Room, Master Bath, Office, Pantry, Recreation RoomCeiling Fan
Appliances & Utilities
Cable ReadyDishwasherDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace
Security
Security System

Exterior Features

Exterior Home Features
Roof: Shake Shingle, Slate, TileDeckExterior: Stone, Brick, Cement ConcreteFoundation Type: OtherGardenLawnPatio
Parking & Garage
Parking Spaces: 12Parking: Carport, Off Street, On Street

Property Information

Year Built
Year Built: 1963
Property Type / Style
Property Type: Multi FamilyArchitecture: Spanish

Community

Units in Building: 10

Lot Information

Lot Area: 8580 sqft

Price History for 2822 Pine Tree Dr

DatePriceEventSource
12/29/2025ListingRemovedN/A
10/13/2025$3,600,000Listed For SaleN/A
07/11/2023$3,000,000Sold
N/A
03/09/2022$1,650,000Sold
N/A
10/25/2020$1,195ListingRemovedAgent Provided
10/13/2020$1,195PriceChange
Agent Provided
09/24/2020$1,200PriceChange
Agent Provided
08/29/2020$1,250Listed For RentAgent Provided

Market trends in Miami Beach

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$570K
$43.33K
MoM
Sale-to-List Price
94.4%
Price per sq ft
$631
$31
MoM
Available listings
2088
124
MoM
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Property Tax and Assessment

Year2025
Tax$43,437
Assessment$2,315,398
Home facts updated by county records

Comparable Sales for 2822 Pine Tree Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.75
Multi-Family Home
$1,300,000
02/25/26
8
4
3,329
1.43
Multi-Family Home
$3,250,000
09/08/25
8
4
3,701
1.22
Multi-Family Home
$5,000,000
08/26/25
3
3
2,326
1.05
Multi-Family Home
$600,000
04/17/26
3
2
1,260
2.09
Multi-Family Home
$1,270,000
09/22/25
4
4
2,492
1.83
Multi-Family Home
$1,900,000
03/27/26
6
3
3,032
1.12
Multi-Family Home
$675,000
03/26/26
2
2
1,250
2.00
Multi-Family Home
$1,269,999
01/30/26
4
4
3,000
2.42
Multi-Family Home
$2,000,000
02/27/26
5
5
3,990
3.12
Multi-Family Home
$2,820,000
01/08/26
11
6
5,426

Nearby homes

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Assigned Schools

These are the assigned schools for 2822 Pine Tree Dr.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Nautilus

At least 24 Trulia users voted on each feature.
  • 91 % Say it's dog friendly

  • 78 % Say there are sidewalks

  • 76 % Say people would walk alone at night

  • 75 % Say streets are well-lit

  • 73 % Say car is needed

  • 67 % Say yards are well-kept

  • 66 % Say it's walkable to restaurants

  • 66 % Say they plan to stay for at least 5 years

  • 65 % Say kids play outside

  • 64 % Say it's quiet

  • 59 % Say there's holiday spirit

  • 58 % Say it's walkable to grocery stores

  • 57 % Say parking is easy

  • 41 % Say there's wildlife

  • 35 % Say neighbors are friendly

  • 31 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Sarahjean2
    "So close the everything yet tucked away. So quiet and peaceful. convenient to the causeway for easy access to the mainland & major highways. "
  • Rpa23.shp
    "Very kid-friendly for families with children from Babies to high schoolers. Strollers, skateboards and bikes are common. Playing in the street is common. A large park on either side of the neighborhood. Something for everyone. "
  • Dza456
    "Wonderful suburban area within walking distance of houses of worship and restaurants. 15 minutes from downtown Miami and the Miami airport. 5 minutes from beaches on the ocean. 10 minutes from high end shopping and 10 minutes to south beach for the latest in entertainment for young and old."

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Apartments for Rent

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Homes for sale near 2822 Pine Tree Dr

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Off Market Homes Near 2822 Pine Tree Dr

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2822 Pine Tree Dr, Miami Beach, FL 33140 is a 12 bedroom, 12 bathroom, 5,983 sqft multi-family built in 1963. 2822 Pine Tree Dr is located in Nautilus, Miami Beach. This property is not currently available for sale. 2822 Pine Tree Dr was last sold on Jul 11, 2023 for $3,000,000.