235 78th St Miami Beach, FL 33141
FOR SALE - Active
$13,750,000
$16,000,000
(14.1%)
Overview
- Status: Active
- Bed(s) No info
- Bath(s)
- Half Bath(s) 0
- Parking No info
- Size: 17,914 ft2/1,664.26 m2
- Price Per: $767.56 ft2/$8,261.91 m2
- Type: Commercial/Investment
- Built: 1951
- HOA: No info
- MLS Number: A11535192
- View No info
- On Site: 82 days
- Updated: Listing Refreshed: 20 Days Ago
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.
Price History
Date | Event | Price | Change Rate | Price Per |
---|---|---|---|---|
04/19/2024 | Price Reduced | $13,750,000.00 | 14.1% | $767.56 ft2/$8,261.91 m2 |
02/17/2024 | Listed | $16,000,000.00 | $893.16 ft2/$9,613.86 m2 |
Contact Information
Tracey Schmitt
Real Estate Advisor
Office: (305) 407-1657
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild