235 78TH ST, Miami Beach
$8,500,000 USD
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| Address | 235 78TH ST, Miami Beach |
| Type of Property | Income / MultiFamily |
| Type of Business | Hotel / Motel |
| Price | $8,500,000 |
| Previous Price | $9,950,000 (15 days ago) |
| Property Status | Active |
| MLS Number | A11708118 |
| Property Size | 16500 |
| Lot Size | 16500 |
| Year Built | 1951 |
| Folio Number | 02-32-02-007-0190 |
| Zoning Information | 3900 |
| Days on Market | 477 |
Detailed 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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Address Information
| State | Florida |
| City | Miami Beach |
| County | Miami-Dade County |
| Zip Code | 33141 |
| Address | 235 78TH ST |
| Zip Code (4 Digits) | 2189 |
Financial Information
| Price | $8,500,000 |
| Price per Foot | $0 |
| Previous Price | $9,950,000 |
| Folio Number | 02-32-02-007-0190 |
| Tax Amount | $93,205 |
Full Descriptions
| Detailed 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. |
Property parameters
| Living Area | 16500 |
| Lot Size | 16500 |
| Total Acreage | 0.000 |
| Zoning Information | 3900 |
| Maximum Leasable Size | 16500 |
| Year Built | 1951 |
| Type of Property | Income / MultiFamily |
| Type of Business | Hotel / Motel |
| Listed with | Fausto Commercial Realty Consultants Inc |