Price Reduced 14.06%


Price History

$16,000,000
2/8/2024

$13,750,000
4/19/2024


235 78th St, Miami Beach, FL, 33141

235 78th St, Miami Beach, FL, 33141

1951

The Historic Jerrico Apartments, a 25-unit short-term rental applicable property in North Beach, Miami Beach. This architectural masterpiece by Tony Sherman has 20 one-bedroom units and 6 studios, with a lush courtyard and rooftop deck. The property is fully legal and zoned for short-term rentals, making it a rare opportunity in Miami Beach. Recent improvements include new windows, doors, A/Cs, and electrical panel. North Beach is a hidden gem with affordability, close to upscale areas like South Beach. Get in now before values increase! Short-term rentals can yield over $900k/yr, with potential for even more.


Status:

Active

Type:

Commercial

Zoning:

3900

Est. Taxes:

$73,204

Days on Market:

71

MLS #:

A11535192


Community Info

School Info

Walk Score

Yelp



Listing courtesy of Fausto Commercial Realty Consultants Inc Phone: 305-431-2258