NOT LISTED FOR SALE

2870 Pine Tree Dr Unit 3 Miami Beach, FL 33140

Bayshore Neighborhood

Estimated Value: $505,866 - $639,000

2 Beds
2 Baths
982 Sq Ft
1926 Built

Last Sold February 15, 2022

Last sale price $500,000 $509 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,700/month

104 Days on Market

Highlights

  • Intercom to Front Desk
  • Deck
  • Garden View
  • North Beach Elementary School Rated A-
  • Wood Flooring
  • Bike Room

About This Home

As of February 2022

Enjoy beach living in this quiet, cozy and charming 2 beds 2 baths boutique style building with only 6 condos located on prestigious Pine Tree Dr. with assigned gated parking. Enter your home to a spacious and window-filled living area with contemporary interior wooden floors, high ceilings, open modern kitchen with Stainless Steel appliances which has been completed restored and renovated throughout. Entertain guests and family in large living area. This Mediterranean style architectural building is perfectly situated within walking distance of Beach, Shops, Schools, Parks, Golf, and minutes from highways.

Last Agent to Sell the Property

Yovani Garcia

Cervera Real Estate Inc. License #3111389 Listed on: 11/02/2021

Cervera Real Estate Inc.

Last Buyer's Agent

Jorge Castaneda

Modern World Realty License #3313085

Modern World Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,133

Year Built

  • Built in 1926

Parking

  • 1 Car Detached Garage
  • Secured Garage or Parking
  • Assigned Parking

Home Design

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

Interior Spaces

  • 982 Sq Ft Home
  • 3-Story Property
  • Combination Dining and Living Room
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Grill

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-27-031-0030

Community Details

Overview

  • Property has a Home Owners Association
  • 6 Units
  • Low-Rise Condominium
  • 2870 Pine Tree Condo
  • 2870 Pine Tree Condo Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Amenities

  • Community Barbecue Grill
  • Intercom to Front Desk
  • Bike Room

Pet Policy

  • No Pets Allowed

Building Details

  • Maintenance Expense $549

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,133

Year Built

Built in 1926

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1926
  • Property Sub Type: Condominium
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: 2870 PINE TREE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Second Floor Entry, Pantry, Split Bedroom
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 982
  • Possible Use: Primary
  • Stories: 3
  • Window Features: Other Windows
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Garden View, Other View
  • Exterior Features: East Of Us1, Other, Barbeque, Open Balcony
  • Construction Type: Concrete Block With Brick, CBS Construction
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: 2870 PINE TREE CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Detached, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Secured Garage/Parking, Intercom In Lobby

Condo/Co-op/Association

  • Amenities: Bike Storage, Barbecue
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-27-031-0030
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6133

Multi Family

  • Maintenance Expense: 549
  • Number Of Units In Community: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2021
Closed on
Feb 15, 2022
Sold by
Amg Fl Group Llc
Bought by
Macaluso Michael James and Rosen Helen Beth
Seller's Agent
Yovani Garcia
Cervera Real Estate Inc.
Buyer's Agent
Jorge Castaneda
Modern World Realty
List Price
$515,000
Sold Price
$500,000
Premium/Discount to List
-$15,000
-2.91%
Current Estimated Value
$581,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,217
Avg. Annual Appreciation
4.15%
Original Mortgage
$250,000
Outstanding Balance
$199,846
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$381,371

Purchase Details

Closed on
Jan 4, 2018
Sold by
Gunning Kenneth
Bought by
Amg Fl Group Llc

Purchase Details

Listed on
Feb 26, 2016
Closed on
Jun 16, 2016
Sold by
Houles Eric Cormouls
Bought by
Gunning Kenneth
Seller's Agent
eric cormouls
MMLS Assoc.-Inactive Member
Buyer's Agent
Darryl Fox
One Sotheby's International Re
List Price
$409,500
Sold Price
$380,000
Premium/Discount to List
-$29,500
-7.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%
Original Mortgage
$152,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2002
Sold by
2870 Group Llc C
Bought by
Houles Eric C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,400
Interest Rate
6.27%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Macaluso Michael James $500,000 Alejandro E Jordan Jd Pa
Amg Fl Group Llc $395,000 Attorney
Gunning Kenneth $380,000 Ocean Title & Escrow Company
Houles Eric C $233,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macaluso Michael James $250,000
Previous Owner Gunning Kenneth $152,000
Previous Owner Houles Eric C $186,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/15/2022 02/15/22 Sold $500,000 -2.9% $509 / Sq Ft
11/02/2021 11/02/21 For Sale $515,000 0.0% $524 / Sq Ft
08/15/2019 08/15/19 Rented $2,400 -4.0% --
07/25/2019 07/25/19 Under Contract -- -- --
06/14/2019 06/14/19 For Rent $2,500 +6.4% --
06/22/2018 06/22/18 Rented $2,350 -4.1% --
06/15/2018 06/15/18 Under Contract -- -- --
05/31/2018 05/31/18 Price Changed $2,450 -5.8% $2 / Sq Ft
04/11/2018 04/11/18 For Rent $2,600 0.0% --
06/16/2016 06/16/16 Sold $380,000 -5.7% $387 / Sq Ft View Prior Sale
04/30/2016 04/30/16 Pending -- -- --
04/26/2016 04/26/16 Price Changed $403,000 -1.6% $410 / Sq Ft
02/26/2016 02/26/16 For Sale $409,500 0.0% $417 / Sq Ft
05/29/2014 05/29/14 Rented $2,400 -2.0% --
05/29/2014 05/29/14 For Rent $2,450 -- --
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 $7,894 $420,077 -- --
2024 $7,938 $420,077 -- --
2023 $7,938 $420,077 $0 $0
2022 $6,965 $348,480 $0 $0
2021 $6,117 $316,800 $0 $0
2020 $6,133 $316,800 $0 $0
2019 $6,138 $316,766 $0 $0
2018 $5,498 $333,438 $0 $0
2017 $5,572 $333,438 $0 $0
2016 $4,958 $248,279 $0 $0
2015 $4,784 $225,709 $0 $0
2014 $4,169 $205,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Yovani Garcia

    Seller's Agent in 2022

    Yovani Garcia

    Cervera Real Estate Inc.

    (305) 962-4069

    2 in this area

    63 Total Sales

    Yovani Garcia
    Section Image
  • Jorge Castaneda

    Buyer's Agent in 2022

    Jorge Castaneda

    Modern World Realty

    (305) 632-8370

    1 in this area

    20 Total Sales

    Jorge Castaneda
    Section Image

  • e

    Seller's Agent in 2019

    eric cormouls

    MMLS Assoc.-Inactive Member

    Section Image
  • Juan Sebastian Carvajal

    Buyer's Agent in 2018

    Juan Sebastian Carvajal

    Realty One Group Evolution

    (786) 252-4280

    19 Total Sales

    Juan Sebastian Carvajal
    Section Image
  • Darryl Fox

    Buyer's Agent in 2016

    Darryl Fox

    One Sotheby's International Re

    (305) 788-3699

    1 in this area

    59 Total Sales

    Darryl Fox
    Section Image
  • Stephanie Doppelt

    Buyer's Agent in 2014

    Stephanie Doppelt

    BHHS EWM Realty

    (561) 302-7703

    10 Total Sales

    Stephanie Doppelt
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11116792

MIAMI REALTORS® MLS

APN: 02-3227-031-0030

Florida Miami/Dade County Miami Beach 33140 Bayshore

2870 Pine Tree Dr Unit 3, Miami Beach, FL

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