NOT LISTED FOR SALE

2850 Pine Tree Dr Unit 1 Miami Beach, FL 33140

Bayshore Neighborhood

Estimated Value: $418,000 - $567,000

2 Beds
2 Baths
1,173 Sq Ft
$367/mo HOA Fee

Last Sold May 20, 2020

Last sale price $227,500 $194 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $3,311/month

117 Days on Market

Highlights

  • Newly Remodeled
  • Garden View
  • Central Heating and Cooling System
  • North Beach Elementary School Rated A-
  • Tile Flooring
  • Combination Dining and Living Room

About This Home

As of May 2020

REDUCED! Great residential neighborhood near everything... Large and bright condo located on desirable Pine Tree Drive, 1,173 sq. ft. a multi-million dollar residential street and neighborhood in Miami Beach. Great schools. A short walk to the beach via the public - private pedestrian bridge, no car needed. Two very large bedrooms. Master has three closets, granite and glass en suite. The second has granite and bathtub. Washer / dryer hookups inside the unit. Dogs are welcome. Live in this great neighborhood with everything. Parking space #1. View a YouTube video at Virtual Tour.

Last Agent to Sell the Property

Edward Margolis

Mast Realty, Inc. License #0623169 Listed on: 01/28/2020

Co-Listed By

Deborah Margolis

Mast Realty, Inc. License #0649159

Last Buyer's Agent

Marco Mello

RE/MAX Select Group License #3198306

RE/MAX Select Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,587

Year Built

  • Built in 1951 | Newly Remodeled

HOA Fees

  • $367 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Home Design

  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,173 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Tile Flooring
  • Garden Views
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Schools

  • North Beach Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-27-034-0010

Community Details

Overview

  • 8 Units
  • Pine Tree Residences Condos
  • Pine Tree Residences Condo Subdivision

Pet Policy

  • Breed Restrictions

Building Details

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,587

Year Built

Built in 1951 | Newly Remodeled

Lot Details

0

HOA Fees

$367 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1951
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Co List Office Mls Id: MTRI01
  • Co List Office Phone: 305-949-6278
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: Pine Tree Residences Condo
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1173
  • Possible Use: Primary
  • Stories: 1
  • Window Features: Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Garden View
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Pine Tree Residences
  • Parking Features: 1 Space

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: No Security

Condo/Co-op/Association

  • Association Fee: 367
  • Amenities: Exterior Lighting
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: North Beach
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-27-034-0010
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 367
  • Number Of Units In Community: 8
  • Number Of Units Total: 8

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4587

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2018
Closed on
Oct 12, 2018
Sold by
Zcll Vi Llc
Bought by
Karp Martin
Seller's Agent
Oren Cohen
Beachfront Realty Inc
Buyer's Agent
Michael Benmeleh
Beach City Realty
List Price
$295,000
Sold Price
$289
Premium/Discount to List
-$294,711
-99.9%
Current Estimated Value
$475,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$475,445
Avg. Annual Appreciation
189.86%

Purchase Details

Closed on
Nov 21, 2011
Sold by
Imobilia Of South Beach Llc
Bought by
Zcll Vi Llc

Purchase Details

Closed on
Jul 14, 2011
Sold by
Federal National Mortgage Association
Bought by
Imobilia Of South Beach Llc

Purchase Details

Closed on
May 15, 2010
Sold by
Lara Dolores
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 1, 2007
Sold by
Mera Jose
Bought by
Lara Dolores

Purchase Details

Closed on
Jul 5, 2006
Sold by
Lara Dolores and Mera Jose
Bought by
Mera Jose

Purchase Details

Closed on
Mar 31, 2006
Sold by
Ranmer Corp
Bought by
Lara Dolores and Mera Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,600
Interest Rate
1.25%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Karp Martin $289,000 Attorney
Zcll Vi Llc -- Extreme Title
Imobilia Of South Beach Llc $112,000 Attorney
Federal National Mortgage Association -- None Available
Lara Dolores -- None Available
Mera Jose -- Attorney
Lara Dolores $317,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lara Dolores $344,000
Previous Owner Lara Dolores $253,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2020 05/20/20 Sold $227,500 -10.8% $194 / Sq Ft
05/12/2020 05/12/20 Pending -- -- --
03/24/2020 03/24/20 Price Changed $255,000 -3.8% $217 / Sq Ft
03/11/2020 03/11/20 Price Changed $265,000 -3.6% $226 / Sq Ft
01/16/2020 01/16/20 For Sale $274,900 +95021.1% $234 / Sq Ft
10/18/2018 10/18/18 Sold $289 -99.9% $0 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
08/09/2018 08/09/18 For Sale $295,000 -- $251 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

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 $5,171 $264,669 -- --
2024 $4,939 $240,609 -- --
2023 $4,939 $218,736 $0 $0
2022 $4,213 $198,851 $0 $0
2021 $3,490 $180,774 $0 $0
2020 $4,217 $217,800 $0 $0
2019 $4,443 $229,282 $0 $0
2018 $4,587 $243,917 $0 $0
2017 $4,645 $243,917 $0 $0
2016 $4,504 $228,896 $0 $0
2015 $4,306 $208,088 $0 $0
2014 $4,186 $189,171 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Edward Margolis

    Seller's Agent in 2020

    Edward Margolis

    Mast Realty, Inc.

    (305) 785-6632

    17 Total Sales

    Edward Margolis
    Section Image

  • D

    Seller Co-Listing Agent in 2020

    Deborah Margolis

    Mast Realty, Inc.

    (305) 785-4687

    15 Total Sales

    Deborah Margolis
    Section Image

  • M

    Buyer's Agent in 2020

    Marco Mello

    RE/MAX

    Section Image

  • M

    Buyer's Agent in 2020

    Marco Mello

    RE/MAX In Motion Inc

  • O

    Seller's Agent in 2018

    Oren Cohen

    Beachfront Realty Inc

    (305) 746-1616

    3 Total Sales

    Oren Cohen
    Section Image
  • Michael Benmeleh

    Buyer's Agent in 2018

    Michael Benmeleh

    Beach City Realty

    (305) 978-5988

    56 Total Sales

    Michael Benmeleh
    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10801450

MIAMI REALTORS® MLS

APN: 02-3227-034-0010

Florida Miami/Dade County Miami Beach 33140 Bayshore

2850 Pine Tree Dr Unit 1, Miami Beach, FL

This home is located at 2850 Pine Tree Dr Unit 1, Miami Beach, FL 33140 since 28 January 2020 and is currently estimated at $475,734, approximately $405 per square foot. This property was built in 1951. 2850 Pine Tree Dr Unit 1 is a home located in Miami-Dade County with nearby schools including North Beach Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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