235 78th St, Miami Beach FL 33141
Miami Beach, FL 33141
$8,500,000
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- Price
- $8,500,000
- Building size
- 15,719
- Property type
- Income/MultiFamily
- Year built
- 1951
- Lot size (sq ft)
- 16,500
- MLS number
- A11708118
This listing is courtesy of Fausto Commercial Realty Consultants Inc, 786-748-7373.
About this property
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.
Details
- Property type
- Income/MultiFamily
- Year built
- 1951
- Lot size (sq ft)
- 16,500
Location
Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.
Newmar Brokerage, LLC