Income/MultiFamily

235 78th St

Miami Beach, FL 33141

$8,500,000

Year built: 1951

Listing courtesy of Antonio Saladrigas, Fausto Commercial Realty Consultants Inc

About this home

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.

Details

Property

Type: Income/MultiFamily
Year built: 1951
Lot size: 16,500 sq ft
County: Miami-Dade County
Flood zone: AE

Community and fees

Annual taxes: $93,205

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated June 10, 2026.