$13,750,000 $73,813 est/mo Sourced by Back At You

235 78th St,Miami Beach, FL 33141

Miami Beach FL, 33141

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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.

Details

MLS#A11535192
Listing TypeFor Sale
StyleTown House
Building NameJerrico Apts
Sub-TypeResale
StatusActive
Year1951
Days On Site66
Listing Provided ByFausto Commercial Realty Consultants Inc | Vicente Rodriguez

Features

SQ Feet17,914
Zoning3900
Acreage165000.00
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Miami Board of Realtors®

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Learn More About This Property

StateFL
CountyMiami Dade County
CityMiami Beach
Zip Code33141
Area32
Listing VS Median (in 33141)
Price:
$13,750,000
low | high
Med:
$42,500
100% of Average
SqFt:
17,914
low | high
Med:
4,958
100% of Average
$ / SqFt:
$768
low | high
Med:
$9
100% of Average
On Site:
66
low | high
Med:
47.500000
100% of Average
Sourced by Back At You
Listing Updated: April 19, 2024 at 2:16:42 AM PDT