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Income/MultiFamily in Miami Beach

$8,500,000

Listing courtesy of Fausto Commercial Realty Consultants Inc; Antonio Saladrigas. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.

For Sale
bedrooms

n/a

bathrooms

n/a

Square Footage

n/a

Type of Property

Income/MultiFamily, Commercial Sale

Details

Overview

Sub Type
Income/MultiFamily
Built In
1951
Taxes
$93,205/yr

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.

This income/multifamily home located at 235 78th St, Miami Beach FL 33141 is currently for sale and has been available on Brickellsold for 546 days. This property is listed at $9M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1951. 235 78th St, Miami Beach FL 33141 is in Miami Beach county Miami-Dade County.

Interior

Features
  • Flooring:
  • Common walls with other units/homes:
Heating
Cooling
Appliances
Total structure area
15,719

Property

Parking
  • Parking Features:
Parcel Number
02-32-02-007-0190
Features
  • Entry location:
  • Exterior Features:
  • View Description:

Construction

Property subtype
Income/MultiFamily, Commercial Sale
Materials
Condition
  • Year Built: 1951

Community & HOA

Community
  • Security Features:
HOA
  • Amenities:
Region
Miami Beach

Financial

Taxes
$93,205/yr
On Market Date
12/10/2024
Listing Terms

Metadata

Added
12/11/2024
Updated
6/10/2026
MLS#
A11708118
Days on Market
546
Listed By
Fausto Commercial Realty Consultants Inc
Originating MLS
A-Miami Association of REALTORS

Neighborhood Insights

School and crime data are from public sources and are informational only.

Nearby Schools

Within 5 miles

  • Biscayne Beach Elementary • 0.0 mi • K-12
  • Ruth K. Broad/Bay Harbor K-8 Center • 0.0 mi • K-12
  • Treasure Island Elementary • 0.0 mi • K-12
  • Miami Beach Nautilus Middle • 0.0 mi • K-12
  • North Beach Elementary • 0.0 mi • K-12
  • MAST @ FIU Biscayne Bay Campus • 0.0 mi • K-12

Nearby Hospitals

Within 3 miles

No nearby hospitals found.

Crime Overview

Crime data unavailable for this area.

Map

Price History

EventPriceDate
Original list price$11,000,000Dec 11, 2024
Price change$9,950,000Nov 13, 2025
Current list price$8,500,000Nov 13, 2025

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Compare this income/multifamily with current Miami Beach, FL inventory, nearby properties, local market context, and practical Miami buyer guidance. Listing prices and availability are refreshed from the MLS.