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$ 8,500,000
Est. payment | /mo
15,719 SqFt
$ 8,500,000
Est. payment | /mo
15,719 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 15,719 sqft
Price per Sqft $540
MLS Listing ID A11708118
HOA Y/N No
Year Built 1951
Annual Tax Amount $93,205
Lot Size 0.379 Acres
Property Sub-Type Multi Family
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.
Location
State FL
County Miami-dade
Area 32
Exterior
Private Pool Yes
Others
Tax ID 02-32-02-007-0190
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11708118
Listed by Fausto Commercial Realty Consultants Inc
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