$ 13,750,000
235 78th St Miami Beach, FL 33141
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$ 13,750,000
Est. payment | /mo
17,914 SqFt
$ 13,750,000
Est. payment | /mo
17,914 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 17,914 sqft
Price per Sqft $767
MLS Listing ID A11535192
HOA Y/N No
Year Built 1951
Annual Tax Amount $73,204
Lot Size 3.788 Acres
Property Description
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.
Location
State FL
County Miami-dade
Area 32
Others
Tax ID 02-32-02-007-0190
Listed by Fausto Commercial Realty Consultants Inc
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Andrea Smith
Broker | License ID: 383400
5555 Glenridge Conn Ste. 200, Atlanta, Georgia, 30342, United States