Active
multifamily
SALE
235 78th Street, Miami Beach, Florida 33141
Miami Beach, FL 33141
$8,500,000
Property Details
MLS#
A11708118
Type
Multifamily
Year Built
1951
Tax Amount
$93,205
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.
Amenities
Built 1951
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30 Year Fixed, 6.59% Interest
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Property Location
Listing Office:
Fausto Commercial Realty Consultants Inc
Listing Agent:
Antonio Saladrigas
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