For Sale
$2,850,000

3909 Garden AveMiami, FL 33140

Four Luxury Apartments, Fully Rented

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional 2-story, 4-unit apartment building presents a lucrative investment opportunity in the heart of Miami Beach. Built in 2022, this fully renovated and permitted property boasts four contemporary apartments, each spanning 1,000 square feet with two bedrooms and two bathrooms. High-end finishes and a touch of glamour define each unit, further enhanced by in-unit washer/dryer sets for resident convenience. Located on a corner lot at 3909 Garden Avenue, Miami Beach, FL 33140, this prime location places residents within walking distance of top-rated schools, upscale restaurants, offices, and the beach itself. The surrounding area features luxury villas and new construction projects valued over $6 million, underscoring the desirability of this neighborhood. Currently generating a substantial monthly income of $4,000 per unit, this property offers strong cash flow and the potential for further appreciation. The building is eligible for a residential loan at a favorable rate, making it an even more attractive investment. This is a truly exceptional opportunity to acquire a high-performing multifamily property in one of Miami Beach's most coveted locations.

Property Details for 3909 Garden Ave

Property type
Apartment buildings, Small apartment buildings
Year Built
2022
Stories
2
Units
4

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.8123966
Longitude
-80.1346079
3909 Garden Ave, Miami, Florida

FAQs

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3909 Garden Ave
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