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