$1,699,999
$450K PRICE DROP

2816 Pine Tree Dr Miami Beach, FL 33140

Bayshore Neighborhood

Estimated payment $10,360/month

Total Views 2,729
-- Bed
-- Bath
2,292 Sq Ft
$742 Price per Sq Ft

Highlights

  • Old Spanish Architecture
  • No HOA
  • Central Heating and Cooling System
  • North Beach Elementary School Rated A-
  • Tile Flooring
  • Paddle Fans

About This Home

Discover the potential with this Spanish-style, multi-family building (Quadruplex), nestled in the heart of Mid-Beach’s Mid Beach neighborhood and along the highly desirable Pine Tree Drive. This two-building property boasts 4 total units including a detached cottage as well as a private resort-style courtyard, each unit offers a unique opportunity for investors, developers, or is ideal for those looking for a vacation home with strong rental income.

Units include a 1-bed/1 bath loft style detached cottage, a 2-bed/2-bath unit, a 2-bed/1-bath unit, and a 2-bed/1 bath unit – 7 total bedrooms and 5 bathrooms. Parking accommodates 6-8 vehicles, with potential for tandem spaces.

With a short walk to the beach, shops, Collins Ave, SOBE, and more don't miss your chance, opportunity knocks!

Listing Agent

Lorraine Kutner

The Agency Real Estate Firm LLC License #0571415 Listed on: 08/09/2025

The Agency Real Estate Firm LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,760

Year Built

  • Built in 1929

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Old Spanish Architecture
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,292 Sq Ft Home
  • 2-Story Property
  • Paddle Fans
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • Fairgreen Condos
  • Fairgreen Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-27-004-0290

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,760

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1929
  • Property Sub Type: Quadruplex
  • Architectural Style: Old Spanish
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: FAIRGREEN
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • CurrentPrice: 1699999
  • InternetRemarks: Incredible opportunity on Pine Tree Dr. a prestigious residential home area, Miami Beach, near schools and steps away to the beach, 5 min. The best!
  • ShowingTimeFlag: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile
  • Living Area: 2292
  • Stories: 2

Exterior Features

  • Roof: Barrel Roof
  • Construction Type: CBS Construction
  • Lot Features: Regular Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: FAIRGREEN
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Paddle Fans
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-27-004-0290
  • Zoning: 3900

Rental Info

  • Rent Includes: Gardener

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 17760

Multi Family

  • Number Of Units In Community: 4

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,760 $907,120 $903,100 $4,020
2024 $16,834 $945,135 $903,100 $42,035
2023 $16,834 $881,883 $0 $0
2022 $15,064 $801,712 $615,750 $185,962
2021 $14,350 $743,237 $615,750 $127,487
2020 $13,502 $697,444 $533,650 $163,794
2019 $14,960 $771,994 $615,750 $156,244
2018 $14,517 $772,003 $615,750 $156,253
2017 $14,701 $772,014 $0 $0
2016 $14,853 $764,635 $0 $0
2015 $16,107 $812,999 $0 $0
2014 $7,815 $350,900 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2025 10/17/25 Price Changed $1,699,999 -15.0% $742 / Sq Ft
09/02/2025 09/02/25 Price Changed $1,999,999 -7.0% $873 / Sq Ft
08/09/2025 08/09/25 For Sale $2,150,000 +106.7% $938 / Sq Ft
06/15/2021 06/15/21 Sold $1,040,000 0.0% $454 / Sq Ft View Prior Sale
06/15/2021 06/15/21 Off Market $1,040,000 -- --
07/14/2020 07/14/20 For Sale $1,140,000 +18.1% $497 / Sq Ft
04/14/2014 04/14/14 Sold $965,000 -12.3% $302 / Sq Ft View Prior Sale
02/04/2014 02/04/14 Pending -- -- --
08/01/2013 08/01/13 For Sale $1,100,000 -- $344 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11855236

MIAMI REALTORS® MLS
Florida Miami/Dade County Miami Beach 33140 Bayshore

2816 Pine Tree Dr, Miami Beach, FL

For Sale

MultiFamily

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Listing Agent
Lorraine Kutner
Section Image
The Agency Real Estate Firm LLC
(645) 238-6083