235 78th Street, Miami Beach, FL

$8,500,000

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0.38

Acres

About 235 78th Street

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.

Commercial property for sale in Miami Beach, FL at 235 78th Street.

Features of 235 78th Street

MLS® # A11708118
Price $8,500,000
Acres 0.38
Year Built 1951
Type Commercial
Sub-Type Multi Family
Status Active

Community Information: Miami Beach

Address 235 78th Street
Area 2320
City Miami Beach
County Miami-Dade
State FL
Zip Code 33141

Additional Information On 235 78th Street

Listing Courtesy of Fausto Commercial Realty Consultants Inc
Date Listed December 11th, 2024
Zoning 3900
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeFausto Commercial Realty Consultants Inc

Listing Map

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