Investment Overview

Marcus & Millichap is pleased to present Miller Avenue Apartments, a three-unit multifamily property located at 3804 Miller Avenue in West Palm Beach, Florida. Built in 1930, the property totals 1,578 gross square feet and is situated on a 0.20-acre lot. The building is of wood frame construction and features window unit air conditioning throughout. The unit mix consists of two one-bedroom/one-bathroom units and one three-bedroom/two-bathroom unit, providing a balanced combination of smaller and larger floorplans that appeal to a diverse tenant base. The low-density layout and larger lot size offer a more residential setting with potential for outdoor space enhancements. The property is ideally located in central West Palm Beach, with convenient access to Downtown West Palm Beach, I-95, and Palm Beach International Airport, as well as nearby employment hubs including Good Samaritan Medical Center and the surrounding commercial corridors. Residents also benefit from proximity to local retail, dining, and recreational amenities, including parks and waterfront attractions along the Intracoastal. Miller Avenue Apartments presents an opportunity to acquire a well-located, boutique multifamily asset in a growing submarket with strong rental demand, offering both stable in-place income and long-term upside potential.