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3900 Garden Ave., Miami Beach, FL 33140

FOR SALE
  • $3,495,000
  • 11 Days on site
  • Beds: n/a
  • Baths: n/a
  • Commercial Building
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  • MLS Photos (18)
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Description

Sale includes 2 buildings: 3900-3920 Garden Avenue, a 19-unit apartment complex in Miami Beach, Florida. Buildings positioned just one block from Alton Road, and half a block away from Arthur Godfrey Road and the Interstate 95 ramp. Unique CD-3 zoning allows for short term boutique rentals. An investor that is hands-on achieve an above average unleveraged return of 9.4% with ADR ( average daily rate) of $120 with 70% occupancy and upside as vacancy lowers with gross potential rent of $815,400!!! Brokered And Advertised By: Sapphire Realty LLC Listing Agent: Jonathan Azoulay Click here to learn more about this listing.

  • MLS ID# A1931960
  • Year Built: 1947
  • 11 Days on site
  • Commercial Building
  • Beds: n/a
  • Baths: n/a
The Ultimate Home Transformation $200,000 Sweepstakes

Listing Details

Tax Amount
$19,806
Tax Year
2013

Local Info

Population
19,484
Median Household Income
$70,105
Median Years In Residence
8
Median Homeowner Age
46
Households with Children
29.69%
Percent of Homes Rented
25.16%

Nearby Elementary Schools

3700 Garden Ave
4100 Prairie Ave
4025 Pine Tree Dr

Nearby Primary Schools

1450 Ne 2nd Ave

Nearby Middle Schools

3700 Garden Ave
4301 N Michigan Ave
2400 Pine Tree Dr

Nearby High Schools

2400 Pine Tree Dr
2231 Prairie Ave
1965 Alton Rd

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Mortgage Rates

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Property Contact Info

Listing Provided By: Sapphire Realty Llc
(214) 621-3777
Listing Agent: Jonathan Azoulay

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