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235 78th St

Miami Beach, FL 33141

$13,750,000 -14.06%

 


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0 f2

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Esther Percal

Esther Percal

Senior Vice President

305.674.4022


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Property Details

MLS #
A11535192
Address
235 78TH ST
Bedrooms
0
Bathrooms
0
Living Area (f2)
0
Living Area (m2)
0
Lot Size (f2)
165,000
Status
Active
Listing Type
Single/Family
Waterfront
Year Built
1951
Days On Market
89
Pool
Parking Spaces
0

Property 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 Amenities

Map Location

Similar Properties Closed in the Area

Sales Data is for the past 6 Months
Unit # Closed Date Sold Price List Price Beds Baths
05/15/2024 $519,000 $515,000 3 2
603 05/15/2024 $2,700 $2,650 1 1
208 05/15/2024 $1,900 $1,850 1 1
209 05/15/2024 $2,350 $2,400 2 2
724 05/15/2024 $2,400 $2,400 0 1
#B 05/15/2024 $1,000 $1,000 1 1
309 05/15/2024 $1,900 $2,000 1 1
05/15/2024 $670,000 $689,900 3 2
402-1 05/15/2024 $1,900 $2,000 2 2
05/15/2024 $1,625,000 $1,825,000 2 2
4806 05/15/2024 $6,000 $6,000 2 2
2902 05/15/2024 $625,000 $645,000 2 2
05/15/2024 $1,230,000 $1,260,000 4 4
05/15/2024 $560,000 $580,000 3 2
203 05/15/2024 $2,100 $2,100 2 2
C402 05/15/2024 $1,800 $1,800 1 1
513 05/15/2024 $3,000 $3,150 1 1
1 05/15/2024 $2,700 $2,725 2 1
05/15/2024 $400,000 $399,000 4 2
703 05/15/2024 $1,950 $1,800 1 1