Commercial Real Estate

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CommercialSaleMultifamilyFLMiami Beach2822, Pine Tree Dr, Miami Beach, FL, 33140

2822 Pine Tree Dr

2822, Pine Tree Dr, Miami Beach, FL, 33140
    $4,400,000
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    Basics

    • Category:
    • Type:
    • Status:
    • Bathrooms: 0
    • Floors: 2
    • Lot size: 8580, 8580 sq ft
    • Year built: 1935
    • County: Miami-Dade
    • MLS ID: A11672674

    Description

    • Description:

      FAIRGREEN R/S BLKS C-D-E PB 4-154 LT 12 LESS BEG NW COR LT 11 N 14.43FTSE TO NE COR LT 11 WALG N/ L LT 11 TO POB BLK D LOT SIZE 60.000 X 143 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).

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    Building Details

    • Structure Type: MultiFamily
    • Construction Materials: Block
    • Covered Spaces: 0
    • Levels: Two
    • Number Of Buildings: 2

    Expenses, Fees & Taxes

    • Tax Annual Amount: $33,700

    Miscellaneous

    • List Office Name: STL Advisors, LLC

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    This -type commercial real estate is located in 2822, Pine Tree Dr, Miami Beach, FL, 33140 was built in 1935, and is listed at $4,400,000.

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