235 78th St Miami Beach FL 33141 MLS #A11535192

235 78th St
Miami Beach, FL, 33141
$13,750,000
Beds
0 Baths
17,914 SqFt
0 Acres
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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.

Property Details

Price:
$13,750,000
MLS #:
A11535192
Status:
Active
Beds:
0
Baths:
0
Address:
235 78th St
Type:
Commercial
Subtype:
Income/MultiFamily
City:
Miami Beach
Listed Date:
Feb 8, 2024
State:
FL
Finished Sq Ft:
17,914
ZIP:
33141
Year Built:
1951
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2%%
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$73,204

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