2822 Pine Tree Dr Active

Miami Beach,FL 33140

$ 4400000

- Bed

0 Bath

5983 SqFt


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 $735

MLS Listing ID A11672674

HOA Y/N No

Year Built 1935

Annual Tax Amount $33,700

Lot Size 8,580 Sqft

Property 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).

Location

State FL

County Miami-dade

Area 32

Building

Story 2

Level or Stories Two

Structure Type Block

Others

Tax ID 02-32-27-004-0220

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