235 78th St Miami Beach FL 33141
78th St, Miami Beach,
$16,000,000
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Basics
- Lot Size Units: Square Feet
- Building Name: Jerrico Apts, Jerrico Apts
- Category: Commercial Sale
- Type: Multi Family
- Status: Active
- Bathrooms: 0
- Year built: 1951
- MLS ID: A11535192
Description
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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.
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Property details
- Total Building Area: 17914
- Lot Size Square Feet: 165000
- Parcel Number: 02-32-02-007-0190
- Lot Size Area: 165000
- Structure Type: Apartment,Hotel/Motel
Property Features
- Covered Spaces: 0
Location Details
- County Or Parish: Miami-Dade County
- Zoning Description: 3900
Fees & Taxes
- Tax Annual Amount: 73204
- Tax Legal Description: ALTOS DEL MAR NO 3 PB 8-41 LOTS 4 TO 6 INC LESS W2.5FT BLK 4 LOT SIZE 150.000 X 110 OR 15999-4577 0793 1
Miscellaneous
- Public Survey Section: 2
- Syndication Remarks: North Beach gem! 25 legally applicable short-term rental, lush courtyard, rooftop views. Recent upgrades, high potential. Act now before values soar!
- Virtual Tour URL: https://www.propertypanorama.com/instaview/mia/A11535192
Ask our real estate expert about this property
This Multi Family-type commercial real estate is located in 78th St, Miami Beach, was built in 1951, and is listed at $16,000,000.