235 78th St, Miami Beach FL 33141

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.

Property Details

Property Type

Income/MultiFamily

Status

Active

MLS #

A11708118

Building Area

15,719 SF

Lot Size

16,500 SF

Year Built

1951

Zoning

3900

Days on Market

546

Price

$8,500,000