3325 Pine Tree Dr
Miami Beach, FL 33140 · single_family · For Sale · 211 days on market
Asking price$5,950,000
3 beds 4 baths 3,350 sqft
Suggested offer$3,424,860$2,525,140 above the est. market value of $3,424,860.
View on Realtor.com →Listed by PABLO ALFARO · COMPASS
Typesingle_family
Built1936
Price / sqft$1776
Est. value (own analysis)$3,424,860
Rent estimate (own analysis)$11,500/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood7/10severe$Air2/10MinorWildfire1/10Minimal
1 / 24
Show every detail
Statusfor_sale
Listed date2026-02-03
Removed date—
MLSMiamiMLS #A11951777
Coordinates25.80921, -80.12716
Address3325 Pine Tree Dr
CityMiami Beach
StateFL
Zip33140
Listing ID6474328857
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33140)
Typical home value (ZHVI)$684,558
Typical rent (ZORI)$3,694/mo
Zillow Research's ZHVI (home value index) and ZORI (rent index) for this ZIP, as of 2026-07 — free published data, refreshed monthly, no RentCast quota spent. "Typical value/rent" is a smoothed index, not a literal median of active listings.
Underwriting (buy-and-hold, default assumptions)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $5,950,000 |
| Down payment (20.0%) | $1,190,000 |
| Loan amount | $4,760,000 |
| Closing costs (5.0%) | $297,500 |
| Total cash to close | $1,487,500 |
| Income | |
| Rent (comp-derived) | $11,500$138,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $10,580$126,960 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $9,421$113,050 |
| Insurance (est. scaled by flood & wind risk) | $7,735$92,820 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $575$6,900 |
| Total operating expenses | $17,731$212,770 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $575$6,900 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Same ZIP. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 3 | 2 | 2,852 | $7,995 | 2026-07-22 | — | |
| single_family | 3 | 2 | 2,498 | $11,500 | 2026-08-13 | — | |
| single_family | 3 | 2 | 2,220 | $24,965 | 2026-05-08 | — |
Same ZIP & bedroom count. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 337 W 28th St | single_family | 3 | 3 | 1,667 | $1,000,000 | 2026-08-14 |
| 5025 Cherokee Ave | single_family | 3 | 2 | 1,876 | $1,200,000 | 2026-07-08 |
| 4320 Royal Palm Ave | single_family | 3 | 4 | 2,305 | $1,750,000 | 2026-06-08 |
| 1220 W 21st St | single_family | 3 | 2 | 1,741 | $2,900,000 | 2026-05-21 |
| 4485 N Jefferson Ave | single_family | 3 | 3 | 3,727 | $2,825,000 | 2026-05-04 |
| 911 W 47th Ct | single_family | 3 | 3 | 2,736 | $1,900,000 | 2026-04-30 |
| 5220 Lagorce Dr | single_family | 3 | 2 | 2,334 | $2,700,000 | 2026-04-27 |
| 4700 N Meridian Ave | single_family | 3 | 4 | 4,185 | $5,250,000 | 2026-04-24 |
| 3325 Alton Rd | single_family | 3 | 2 | 1,682 | $1,350,000 | 2026-04-24 |
| 6165 Pine Tree Dr | single_family | 3 | 4 | 3,421 | $6,900,000 | 2026-04-17 |
| 5251 Lagorce Dr | single_family | 3 | 4 | 2,123 | $2,520,000 | 2026-04-16 |
| 2815 Regatta Ave | single_family | 3 | 3 | 2,403 | $6,500,000 | 2026-04-07 |
| 4484 Royal Palm Ave | single_family | 3 | 3 | 1,877 | $2,300,000 | 2026-04-03 |
| 5127 Alton Rd | single_family | 3 | 2 | 1,979 | $1,250,000 | 2026-03-24 |
| 4601 Royal Palm Ave | single_family | 3 | 2 | 1,966 | $1,700,000 | 2026-03-17 |
| 4440 N Jefferson Ave | single_family | 3 | 4 | 2,769 | $2,300,000 | 2026-03-13 |
| 2815 Prairie Ave | single_family | 3 | 2 | 2,189 | $900,000 | 2026-03-02 |
| 3415 Royal Palm Ave | single_family | 3 | 3 | 1,618 | $1,630,000 | 2026-01-26 |
| 1833 W 24th St | single_family | 3 | 5 | 6,688 | $14,304,300 | 2026-01-22 |
| 5120 Cherokee Ave | single_family | 3 | 2 | 2,008 | $1,790,000 | 2026-01-05 |
| 6166 Pine Tree Dr | single_family | 3 | 3 | 2,114 | $2,400,000 | 2026-01-02 |
| 3220 Chase Ave | single_family | 3 | 4 | 3,135 | $6,000,000 | 2025-12-29 |
| 5371 N Bay Rd | single_family | 3 | 3 | 2,180 | $2,510,000 | 2025-12-26 |
| 4245 Sheridan Ave | single_family | 3 | 3 | 2,506 | $2,562,000 | 2025-12-16 |
| 4520 Alton Rd | single_family | 3 | 2 | 1,764 | $1,500,000 | 2025-12-01 |
| 3435 Royal Palm Ave | single_family | 3 | 2 | 1,622 | $2,154,200 | 2025-11-25 |
| 2443 N Meridian Ave | single_family | 3 | 3 | 2,363 | $3,400,000 | 2025-11-21 |
| 4640 N Bay Rd | single_family | 3 | 3 | 1,980 | $10,400,000 | 2025-11-18 |
| 4322 Alton Rd | single_family | 3 | 2 | 1,932 | $1,260,000 | 2025-11-17 |
| 2354 Alton Rd | single_family | 3 | 3 | 1,482 | $1,650,000 | 2025-10-06 |
| 4515 N Bay Rd | single_family | 3 | 3 | 3,357 | $2,600,000 | 2025-09-05 |
Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 5900 Collins Ave Apt 408 | condos | 3 | 2 | 1,390 | $818,000 | — |
| 5005 Collins Ave Apt 1210 | condos | 3 | 2 | 1,385 | $675,000 | — |
| 5660 Collins Ave Apt 4B | condos | 3 | 3 | 2,210 | $985,000 | — |
| condos | 3 | 3 | 1,880 | $714,400 | — | |
| 5500 Collins Ave Apt 304 | condos | 3 | 4 | 2,868 | $1,050,000 | — |
| 5025 Collins Ave Apt 903 | condos | 3 | 3 | 1,660 | $1,499,000 | — |
| 736 W 51st St | single_family | 3 | 3 | 2,017 | $2,200,000 | — |
| 5757 Collins Ave Apt 405 | condos | 3 | 3 | 1,980 | $1,495,000 | — |
10-year hold projection
IRR-10.6%
Equity multiple-0.81x
Total return (10yr)-$1,921,383
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $6,128,500 | -$85,810 | -$459,778 | $4,708,391 | $1,420,109 |
| 2 | $6,312,355 | -$87,320 | -$461,461 | $4,653,238 | $1,659,117 |
| 3 | $6,501,726 | -$88,850 | -$463,167 | $4,594,298 | $1,907,428 |
| 4 | $6,696,777 | -$90,397 | -$464,896 | $4,531,310 | $2,165,468 |
| 5 | $6,897,681 | -$91,964 | -$466,648 | $4,463,996 | $2,433,684 |
| 6 | $7,104,611 | -$93,548 | -$468,423 | $4,392,061 | $2,712,551 |
| 7 | $7,317,750 | -$95,151 | -$470,221 | $4,315,185 | $3,002,565 |
| 8 | $7,537,282 | -$96,772 | -$472,042 | $4,233,030 | $3,304,252 |
| 9 | $7,763,400 | -$98,410 | -$473,886 | $4,145,233 | $3,618,167 |
| 10 | $7,996,302 | -$100,067 | -$475,752 | $4,051,408 | $3,944,895 |
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.