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Commercial Real Estate

Basics

  • Lot Size Units: Square Feet
  • Building Name: Jerrico Apts, Jerrico Apts
  • Category:
  • Type:
  • Status:
  • Bathrooms: 0
  • Year built: 1951
  • MLS ID: A11535192

Description

  • 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.

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Property details

  • Total Building Area: 17914
  • Lot Size Square Feet: 165000
  • Parcel Number: 02-32-02-007-0190
  • Lot Size Area: 165000
  • Structure Type: Apartment,Hotel/Motel

Property Features

  • Covered Spaces: 0

Location Details

  • County Or Parish: Miami-Dade County
  • Zoning Description: 3900

Fees & Taxes

  • Tax Annual Amount: 73204
  • Tax 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

Miscellaneous

  • Public Survey Section: 2
  • Syndication Remarks: North Beach gem! 25 legally applicable short-term rental, lush courtyard, rooftop views. Recent upgrades, high potential. Act now before values soar!

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This -type commercial real estate is located in 78th St, Miami Beach, was built in 1951, and is listed at $16,000,000.

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