2822 Pine Tree Dr, Miami Beach, 33140
Buy
2822 Pine Tree Dr, Miami Beach, 33140
Quick Details
- 8580
- Lot sqft
- 1935
- Year Built
Description
Comprising 12 operating units, Noble Pine Tree Apartments offers a unique investment opportunity for an investor looking to break into the Mid-Beach market. All operating units are fully-renovated and a majority of the apartments have new in-unit washer/dryers. The property consists of (1) two-bedrooms, (5) one-bedrooms and (6) studios. The average in-place rent per-unit stands at $2,175. The property consists of 12 operating units; however, it was built as 8 legal/conforming units. The property has undergone significant renovations over the years including new modern cabinetry, updated appliances, modern-tile flooring, new vanities, lighting, counter tops and kitchenettes (in select units).
In-Place NOI: $232,202
In-Place Cap Rate: 5.4%
Address
Open on Google Maps- Address 2822 Pine Tree Dr
- City Miami Beach
- State/county Florida
- Zip/Postal Code 33140
- Area Miami-dade County
Details
- MLS #: A11672674
- Price: $4,200,000
- Land Area: 8580 sqft
- Year Built: 1935
- Property Status: Buy
Ask a Miami Realty Solution Agent a Question
View ListingsFor more information about this for Buy currently listed for $4200000 located in 2822 Pine Tree Dr Miami Beach, Florida 33140 please call our real estate office at 1-(305) 728-0840
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