Multi Family For Sale

235 78th Street, Miami Beach, FL 33141

$8,500,000
16,500
Property 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.

Basic Details
Listing Type : For Sale
Price : $8,500,000
Property Sub Type : Multi Family
Location
US
FL
Miami-Dade
Miami Beach
33141
2320
235 78th Street, Miami Beach, Florida 33141
Extended Details
Virtual Tour URL
12.11.2024
Hotel/Motel
3900
$0
Fausto Commercial Realty Consultants Inc
Antonio Saladrigas
15719
Active
2024-12-11
2024-12-11T17:51:34Z
93205
Beaches
Property TypeMulti Family
StatusActive
Listing IDA11708118
Year Built1951
Lot Area16,500
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Realtyna

Nadereh (Nana) Rezaie, P.A.  Broker Associate, Certified Luxury Home Marketing Specialist™ GUILD™

Nana Rezaie 561-660-1948

Office: 561-660-1948 1400 Corporate Center Way, Second Floor, Wellington, FL 33414 Each office independently owned and operated 561-472-1236 .

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