Active

235 78th St

Miami Beach FL, 33141

$13,750,000


$767.56 per sqft

Active

17,914 sqft

Commercial

Built in 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.

A11535192

MLS ID

February 8, 2024

Listed

April 19, 2024

Updated

Map

235 78th St
Miami Beach FL, 33141

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

3.79 Acres

Other Property Details

Taxes

$73,204


Tax Frequency

Annually


Days on Market

71


Garage

No


View

No


County

Miami-Dade County


Pool

No


Zoning

3900


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

4/19/2024

Price Change

$13,750,000

-15%

Listed by:  Fausto Commercial Realty Consultants Inc
Listing Contact: 305-510-6627 

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

©2024 Miami Association of REALTORS® all rights reserved. 

Data last updated 8:08 AM UTC, 4/19/2024.

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