15,719 sqft

$8,500,000

235 78th St, Miami Beach FL, 33141

Price per sqft$540.75

Built in1951

Property size15,719 sqft

Property typeCommercial

Overview

Active

Listed Dec 11, 2024

Updated Jul 7

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.

Additional information

MLS^® ID: A11708118

Interior Features

Basement: No

Exterior Features

Lot Size: 0.38 Acres

Other Property Details

Taxes: $93,205
Tax Frequency: Annually

Also listed on RMLS & RAGFL

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated 10:52 PM UTC, 7/7/2026.

Listed by: Fausto Commercial Realty Consultants Inc, 786-748-7373