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Gelfand Realty Miami Properties for Sale - Income/MultiFamily for Sale

235 78TH ST, MIAMI BEACH, FL 33141

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Income/MultiFamily - Jerrico Apts for Sale

235 78TH ST, MIAMI BEACH, FL 33141

Asking Price$13,750,000 Change Price$2,250,000

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  • Days on market:

    71 day(s)

  • Original Price:

    $16,000,000

  • Tax Legal Description:

    ALTOS DEL MAR NO 3 PB 8-41 LOTS 4 TO 6 INC LESS W2.5FT BLK 4 LOT SIZE 150.000 X 110 OR 15999-4577 0793 1

  • Property Type:

    Income/MultiFamily

  • Special Listing Conditions:

    Sale

Description

$13,750,000

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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