Home
Income/MultiFamily
Type
1935
Built
Listing courtesy of
Compass Florida, LLC
Jeffrey Corriolan
MLS® #A11930621
Listing information last updated July 10, 2026
MiamiCityRealty.com is an agent's best friend. We proudly co-broke and partner with Compass Florida, LLC — and every agent and broker in Miami — to get the deal done.
Overview
This income/multifamily in Miami Beach is listed for sale at $3,200,000. Built in 1935.
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.
Listing history
Price reduced
↓ $99,000 from $3,299,000 · Jul 10, 2026 · MIAMI MLS
$3,200,000
Listed for sale
Dec 16, 2025 · MIAMI MLS
$3,800,000
Days on market
as of today
219 days
Building & financials
FROM MIAMI MLSThe carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.
Annual property tax
$43,437
Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.
Property details
MLS #A11930621
Price$3,200,000
Year built1935
TypeIncome/MultiFamily
StatusFor Sale
Location
2822 Pine Tree Dr, Miami Beach FL 33140
Estimate your payment
$
Est. monthly payment
—
per month
Principal & interest—
Property tax (est.)—
Down (20%)—
Estimate only — not a Loan Estimate, pre-approval, or commitment. Taxes, insurance & HOA vary. Confirm with a licensed lender.
Questions, answered
Ask about this home
Questions on price, building, or financing? Send a note — we reply fast.
More like this
Other homes near Miami Beach
Home
Home
$6,300,000
2534 Flamingo Dr, Miami Beach FL 33140 – Residential
Flamingo Dr
- 4 beds
- 4 baths
- 3,168 sqft
Home
Home
$2,850,000
5835 La Gorce Dr, Miami Beach FL 33140 – Residential
La Gorce Dr
- 5 beds
- 4 baths
- 2,526 sqft
Home
$2,400,000
3760 Royal Palm Ave, Miami Beach FL 33140 – Residential
Royal Palm Ave
- 4 beds
- 4.5 baths
- 1,908 sqft
Home
Thinking of selling?
Own a home in Miami Beach?
Get a no-obligation MCR estimate and see how your block has trended this year.
What's my home worth →Own a rental?
List, screen, and lease with MCR.
Applicant screening, leases, and rent collection — managed end to end by a Miami brokerage.
List your rental →Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 219 days on market.
We do not advertise a “free” buyer’s agent; buyer-representation compensation is disclosed in writing. Bitcoin pricing is indicative and updates with the market — not financial, tax, or legal advice. Buyer to independently verify all measurements, assessments, and flood & insurance facts.