The GroveHaus, an 11-unit apartment building in Miami, is listed for $10.4 million, nearly $950,000 a unit. Marcus & Millichap has the exclusive listing on the property at 3265 Bird Avenue in Coconut Grove.
“This turnkey boutique property presents an exclusive opportunity to acquire a Class A asset in one of Miami’s most prestigious neighborhoods, offering several opportunities for appreciation,” says Alex Zylberglait, who has the listing along with Marcus & Millichap’s Michael Crocchiola. “The building features spacious units with high ceilings, private gated parking, and proximity to numerous work and entertainment destinations.”
The two- and three-bedroom apartments are near shopping and dining venues at CocoWalk just minutes away. Built in 2019, the units average out at just under 1,700 square feet. Rents run approximately $6,000 a month.
The GroveHaus offers a tranquil oasis in the heart of Coconut Grove. This newly constructed exclusive 10 unit development offers luxury and convenience with its ideal location directly on Bird Avenue, with all of Miami’s hot spots just a few minutes away. Each unit boasts 12 foot ceilings, porcelain flooring, fully built out closets, and modern Bosch appliances. All units have washers/dryers and there is a covered parking garage.
Southwest Coconut Grove is predominantly residential, providing a vast array of apartments, houses, condos, and townhomes available for rent in a picturesque locale. Residents cherish the neighborhood’s secluded feel, along with its quick access to exceptional shopping at the Shops at Merrick Park, CocoWalk, and the Shops at Sunset Place. The University of Miami also sits within close reach of the community, making it a top choice for many students, faculty, and staff.
Marcus & Millichap, Inc. (NYSE: MMI) is a leading national brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services. As of December 31, 2023, the Company had 1,783 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The Company also offers market research, consulting and advisory services to our clients. Marcus & Millichap closed 7,546 transactions in 2023, with a sales volume of approximately $43.6 billion.
