NOT LISTED FOR SALE

2850 Pine Tree Dr Unit 8 Miami Beach, FL 33140

Bayshore Neighborhood

Estimated Value: $370,999 - $524,000

2 Beds
2 Baths
1,110 Sq Ft
$493/mo HOA Fee

Last Sold February 22, 2021

Last sale price $270,000 $243 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,331/month

58 Days on Market

Highlights

  • Newly Remodeled
  • Wood Flooring
  • Closet Cabinetry
  • North Beach Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Views

About This Home

As of February 2021

One of the largest 2-bedroom units available in Miami Beach on the market today! 2 full bathrooms. Stainless steel appliances, oak cabinetry, granite countertops, wood flooring throughout. High ceilings w/crown molding. Bathrooms have been upgraded and renovated. Investors Dream!!

2 story remodeled building, incredible location, next to footbridge to Gansevoort & W Hotel. Surrounded by multi-million dollar residences, steps away from South Beach area but in a quiet neighborhood. Near the 18 hole golf course, Rakow Recreation Center, ice skating ring, Lincoln Road shops, movies, restaurants, convention center. Entrance room to store bicycles, or other items or use as an office/library. Spacious layout. Wood & Tile floors, renovated bathroom & kitchen granite counter tops.

Last Agent to Sell the Property

Jorge Luis Cifuentes Mendez

Deal Flow Realty, LLC. License #3324591 Listed on: 12/10/2020

Last Buyer's Agent

Brad Serini

West Avenue Realty License #3290513

West Avenue Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,121

Year Built

  • Built in 1951 | Newly Remodeled

HOA Fees

  • $493 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,110 Sq Ft Home
  • 2-Story Property
  • Drapes & Rods
  • Blinds
  • Combination Dining and Living Room
  • Property Views

Kitchen

  • Self-Cleaning Oven
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Parking

  • 1 Car Parking Space
  • Guest Parking
  • Assigned Parking

Schools

  • Air Base Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Additional Features

  • Patio
  • Northeast Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-27-034-0080

Community Details

Overview

  • 8 Units
  • Pinetree Residences Condo
  • Pinetree Residences Condo Subdivision
  • The community has rules related to no recreational vehicles or boats

Pet Policy

  • Breed Restrictions

Additional Features

  • Laundry Facilities
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,121

Year Built

Built in 1951 | Newly Remodeled

Lot Details

0

HOA Fees

$493 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1951
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Co List Office Phone: 305-927-7135
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: PINETREE RESIDENCES CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Gas Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Second Floor Entry, Closet Cabinetry, Pantry, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 1110
  • Possible Use: Primary
  • Stories: 2
  • Window Features: Blinds, Drapes
  • Bedroom Features: Entry Level, Master Bedroom Ground Level
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Other View
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Direction Faces: Northeast
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: PINETREE RESIDENCES CONDO
  • Parking Features: 1 Space, Assigned, Guest, Limited # Of Vehicle, No Rv/Boats

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Smoke Detector, No Security

Condo/Co-op/Association

  • Association Fee: 493
  • Amenities: Laundry
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Air Base
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-27-034-0080
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 8

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4121

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2020
Closed on
Feb 22, 2021
Sold by
Johnson Brian G
Bought by
Almada Fernando Daniel and Almada Susana Sanchez
Seller's Agent
Jorge Luis Cifuentes Mendez
Deal Flow Realty, LLC.
Buyer's Agent
Brad Serini
West Avenue Realty
List Price
$289,000
Sold Price
$270,000
Premium/Discount to List
-$19,000
-6.57%
Current Estimated Value
$465,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,500
Avg. Annual Appreciation
14.68%
Original Mortgage
$198,750
Outstanding Balance
$178,973
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$326,663

Purchase Details

Listed on
Apr 17, 2016
Closed on
Jun 29, 2016
Sold by
Supino Corporation
Bought by
Johnson Brian G
Seller's Agent
Rodrigo Palacios Baraona
Related ISG Realty, LLC.
Buyer's Agent
Rodrigo Palacios Baraona
Related ISG Realty, LLC.
List Price
$320,000
Sold Price
$292,500
Premium/Discount to List
-$27,500
-8.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.71%
Original Mortgage
$130,500
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 29, 2013
Closed on
Jul 28, 2015
Sold by
Supino Anthony S
Bought by
Supino Corporation
Seller's Agent
Robert Ventura
LPT Realty, LLC
Buyer's Agent
Peter DeCore
Atlantic Properties Int'l Inc
List Price
$310,000
Sold Price
$286,000
Premium/Discount to List
-$24,000
-7.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.45%

Purchase Details

Listed on
Apr 11, 2012
Closed on
Jul 5, 2012
Sold by
Federal National Mortgage Association
Bought by
Velez Gil
Seller's Agent
Aarambh Shah
MMLS Assoc.-Inactive Member
Buyer's Agent
Muriel Yero
MMLS Assoc.-Inactive Member
List Price
$235,000
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
Original Mortgage
$223,250
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 11, 2012
Closed on
Jun 22, 2012
Sold by
Nationstar Mortgage Llc
Bought by
Federal National Mortgage Association
Seller's Agent
Aarambh Shah
MMLS Assoc.-Inactive Member
Buyer's Agent
Muriel Yero
MMLS Assoc.-Inactive Member
List Price
$235,000
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,250
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2012
Sold by
Minnucci Gianluca
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Feb 23, 2012
Sold by
Minnucci Gianluca
Bought by
Pinetree Residences Condominium Associat

Purchase Details

Closed on
Apr 25, 2007
Sold by
Ranmer Corp
Bought by
Minnucci Gianluca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,000
Interest Rate
7.25%
Mortgage Type
Unknown
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
Almada Fernando Daniel $270,000 Coral Gables T&E Llc
Johnson Brian G $292,500 Allied Title & Trust Llc
Supino Corporation -- Attorney
Supino Anthony S $286,000 Attorney
Velez Gil $235,000 Oakridge Title Inc
Federal National Mortgage Association -- Oakridge Title Inc
Nationstar Mortgage Llc $155,900 None Available
Pinetree Residences Condominium Associat $200 None Available
Minnucci Gianluca $299,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Almada Fernando Daniel $198,750
Previous Owner Johnson Brian G $130,500
Previous Owner Velez Gil $223,250
Previous Owner Minnucci Gianluca $269,000
Previous Owner Minnucci Gianluca $269,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2021 02/22/21 Sold $270,000 -6.6% $243 / Sq Ft
02/06/2021 02/06/21 Pending -- -- --
12/10/2020 12/10/20 For Sale $289,000 0.0% $260 / Sq Ft
11/09/2018 11/09/18 Rented $2,000 -9.1% --
10/26/2018 10/26/18 Under Contract -- -- --
09/14/2018 09/14/18 For Rent $2,200 +4.8% --
10/10/2016 10/10/16 Rented $2,100 +5.0% --
10/02/2016 10/02/16 Under Contract -- -- --
09/13/2016 09/13/16 Price Changed $2,000 -4.7% $2 / Sq Ft
09/08/2016 09/08/16 Price Changed $2,099 -4.4% $2 / Sq Ft
09/04/2016 09/04/16 Price Changed $2,195 -0.2% $2 / Sq Ft
08/25/2016 08/25/16 Price Changed $2,200 -4.3% $2 / Sq Ft
08/22/2016 08/22/16 Price Changed $2,300 -2.1% $2 / Sq Ft
08/06/2016 08/06/16 Price Changed $2,350 -2.1% $2 / Sq Ft
07/27/2016 07/27/16 Price Changed $2,400 -4.0% $2 / Sq Ft
07/07/2016 07/07/16 For Rent $2,500 0.0% --
07/01/2016 07/01/16 Sold $292,500 -8.6% $264 / Sq Ft
05/05/2016 05/05/16 Pending -- -- --
04/17/2016 04/17/16 For Sale $320,000 +11.9% $288 / Sq Ft
07/28/2015 07/28/15 Sold $286,000 -3.1% $258 / Sq Ft
07/08/2015 07/08/15 Pending -- -- --
06/15/2015 06/15/15 Price Changed $295,000 -4.8% $266 / Sq Ft
05/26/2015 05/26/15 Price Changed $310,000 0.0% $279 / Sq Ft
05/26/2015 05/26/15 For Sale $310,000 +8.4% $279 / Sq Ft
12/29/2014 12/29/14 Off Market $286,000 -- --
10/29/2014 10/29/14 Price Changed $322,000 -6.7% $290 / Sq Ft
07/28/2014 07/28/14 For Sale $345,000 +20.6% $311 / Sq Ft
07/21/2014 07/21/14 Off Market $286,000 -- --
03/04/2014 03/04/14 Price Changed $345,000 -8.0% $311 / Sq Ft
10/29/2013 10/29/13 For Sale $375,000 +59.6% $338 / Sq Ft
07/05/2012 07/05/12 Sold $235,000 0.0% $212 / Sq Ft
05/21/2012 05/21/12 Pending -- -- --
04/11/2012 04/11/12 For Sale $235,000 -- $212 / 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 $4,561 $292,145 -- --
2024 $4,431 $283,912 -- --
2023 $4,431 $275,643 $0 $0
2022 $4,254 $267,615 $0 $0
2021 $3,445 $178,410 $0 $0
2020 $4,122 $212,900 $0 $0
2019 $4,344 $224,142 $0 $0
2018 $4,413 $234,704 $0 $0
2017 $4,469 $234,704 $0 $0
2016 $4,426 $227,868 $0 $0
2015 $4,426 $223,400 $0 $0
2014 $4,539 $223,399 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10969251

MIAMI REALTORS® MLS

APN: 02-3227-034-0080