Small Miami Apartment Building for Sale at a High Price

Small Miami Apartment Building for Sale at a High Price

The GroveHaus, a luxurious 11-unit apartment building located in the prestigious neighborhood of Coconut Grove in Miami, is currently on the market for $10.4 million. This equates to nearly $950,000 per unit and Marcus & Millichap has been granted exclusive listing rights for this property at 3265 Bird Ave.

According to Alex Zylberglait and Michael Crocchiola from Marcus & Millichap who are handling the sale of this turnkey boutique property, it presents a unique opportunity to acquire a top-of-the-line asset in one of Miami’s most sought-after areas. They also mention that there are multiple possibilities for future appreciation with this investment.

Featuring spacious units with high ceilings and private gated parking, The GroveHaus is conveniently situated near various work and entertainment destinations. Additionally, residents can enjoy easy access to shopping and dining options at CocoWalk which is just minutes away from the building.

Built only two years ago in 2019, these two- or three-bedroom apartments have an average size of almost 1

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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