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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...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.
  1. Listed by Antonio Saladrigas • Fausto Commercial Realty Consultants Inc
    P: (305)-431-2258 C: (786)-378-1850 tonysaladrigas@gmail.com

Property Details for 235 78th Street

Area
32
Auction
No

Property Details for 235 78th Street

StatusActive
MLS #A11535192
Days on Market828
Taxes$73,204 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeCommercial/Industrial / Income/Multi Family
Year Built1951
Lot Size3.79 AC / 165,000 SF
CountyMiami-Dade County

Location

Listing Courtesy of Fausto Commercial Realty Consultants Inc
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Building Information for 235 78th Street

Stories-Residences-Year Built1951Building Size-Lot Size3.79 AC / 165,000 SF

Payment Calculator

$75,339 per month

30 year fixed, 6.46% Interest

Principal and Interest

$69,238

Property Taxes

$6,100

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 235 78th Street

Location Information
Location Information
  • Parcel Number Free Text: 02-32-02-007-0190
  • Parcel Number MLX: 0190
  • MLS Area: 32
  • Township Range: 32
  • Section: 2
  • Subdivision Number: 7
  • Subdivision Complex Bldg: Jerrico Apts
  • Unit Count: 0
  • Zoning Information: 3900
General Information
General Information
  • Prop Type-Type of Building: Apartments, Hotel/Motel
  • Building Sq Ft: 17,914
Additional Property Information
Additional Property Information
  • Guest Accommodations: No
Financial Information
Financial Information
  • Flood Zone: AE

Property History for 235 78th Street

DateEvent & SourcePriceAppreciation
Aug 11, 2024

Listed (Active)

MiamiRE #A11535192

Aug 8, 2024

Expired

MiamiRE #A11535192

Apr 19, 2024

Price Change

MiamiRE #A11535192

$13,750,000
DateEvent & SourcePrice
08/11/2024

Listed (Active)

MiamiRE #A11535192

08/08/2024

Expired

MiamiRE #A11535192

04/19/2024

Price Change

MiamiRE #A11535192

$13,750,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 235 78th Street

Taxable ValueLand$4,950,000Additions$10,000Total$4,960,000
Tax Record2025$93,050 ($7,754 / month)
Home Facts
Total Finished SqFt17,914 SqFtAbove Grade Finished SqFt17,914 SqFtStories2Lot Size16,500 SqFtStyleMulti-Family Dwelling (2-4)Year Built1951Zoning3900:MULTI-FACountyMIAMI-DADEAPN02-3202-007-0190

Schools near 235 78th Street

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Biscayne Elementary School
PublicPK to 5

Nautilus Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

North Beach
North Beach
Laid-back oceanfront living at a leisurely speed. North Beach is a true neighborhood with a strong local identity. This eclectic town is exalted for its community restaurants and businesses, beachfront high-rises, and unadulterated stretches of beautiful sand.

Similar Homes

235 78th Street is a multi-family home for sale in Miami Beach, FL 33141. This property was listed for sale on February 8, 2024 by Fausto Commercial Realty Consultants Inc, it's currently listed at $13,750,000. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Biscayne Elementary School, Air Base K-8 Center for International Education and Nautilus Middle School. 235 78th Street is a 0-bed, 0-bath, multi-family home built in 1951.

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Listing Courtesy of Fausto Commercial Realty Consultants Inc

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.