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Apartment and Boutique Hotel Complex
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3920 Garden Avenue, Miami Beach, FL 33140

Complex features 19 apartments operating as short-term rentals, with 14 units renovated including new kitchens and baths.

Property SizeContact for details
Days on Market124

Property Features for 3920 Garden Avenue

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 19
Listing Agency: Colliers - Miami, Florida
Listed By: Gerard Yetming · License #FL BK707047
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 12:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Miami, Florida

Investment Insights

Based on property information with market context.

The property at 3900 Garden is an apartment and boutique hotel complex consisting of 19 apartments currently operated as short-term rentals. Fourteen of the units have been renovated, with updates including new kitchens, bathrooms, floor finishes, and painting.

The complex is located on Garden Avenue at 41st Street in Miami Beach’s Mid Beach area.

The remaining units are part of the same 19-apartment complex, providing a consistent on-site configuration for short-term rental operations.

Key Highlights

  • Apartment/boutique hotel complex with 19 apartments operating as short‑term rentals
  • 14 units have been renovated, including new kitchens
  • Renovations in the 14 units also include new bathrooms

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Auto Repair Shop Electrical Service Auto Parts Store Bakery Barber Shop Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

19
Residential units

Location Intelligence

Trade Area within ½ mile

2,624
Businesses Nearby

Demographics for 33140, FL

19,315
Population
16,000
Households
1.2
Avg Household Size
46
Median Age
62%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
6,231
Density / Sq Mi
$103,898
Median Household Income
$65,708
Median Earnings
$2,020
Median Rent
$863,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Short term rental property - Complex features 19 apartments operating as short-term rentals, with 14 units renovated including new kitchens and baths.
Where is this short term rental property located?
The property is located at 3920 Garden Avenue Miami Beach, FL.
What are key features of this property?
This property features: Apartment/boutique hotel complex with 19 apartments operating as short‑term rentals; 14 units have been renovated, including new kitchens; Renovations in the 14 units also include new bathrooms
(786) 815-5032 Call to check price and availability
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