235 78th St

$9,950,000

235 78th St, Miami Beach, FL 33141

For Sale

Hotel Extended Stay

Active

Last Updated: 03/05/2025

Details:

Building Size: 15,719 sqft

Year Built: 1951

Offered by Realtor

Antonio Saladrigas

Fausto Commercial Realty Consultants Inc

#3502121

Request Info to Unlock

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.