235 78th Street Miami Beach FL 33141

Address
235 78th Street, Miami Beach, FL
Price
$ 8,500,000
Property Attributes
  • MLS#A11708118
  • TypeSingle Family
  • Listing Status Active
  • CountyMiami-Dade
  • CityMiami Beach
  • Area2320
  • Zip33141
  • Style
  • Year Built1951
  • Taxes$ 93205
  • Price$ 8,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage15719
  • Lot Size0.38 Acres
Data Source:
Beaches MLS (FL)
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.

Price History
6/10/2026 Listed $8,500,000

General Features

Year Built 1951
Property Subtype MultiFamily
County Miami-Dade
Property Type CommercialSale
Status Active
City Miami Beach
MLS Area 2320
Tax Annual Amount 93205
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11708118
Standard Status Active
Occupancy Type CallAgent
Property Sub Type Additional MultiFamily
PostalCity Miami Beach
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

Exterior Features

Lot Size Area 16500
Building Area Total 15719
Lot Size Acres 0.38

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33141

Price
AVG $2.57M
$8.5M
Taxes
AVG $50,387
$93,205
Year Built
AVG 1972
1951

Areas We Cover