Basics
- Category: CommercialSale
- Type: Multifamily
- Status: Active
- Bathrooms: 0
- Lot size: 22000, 22000 sq ft
- Year built: 1939
- County: Miami-Dade
- MLS ID: A11789071
Description
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Description:
ALTOS DEL MAR NO 3 PB 8-41 LOT 3 LESS W2.5FT BLK 4 LOT SIZE 50.000 X 110 OR 14045-2039 0389 1 22,000 SF of prime land in North Beach offers a rare opportunity for legal short-term rentals or future development. The assemblage includes the iconic 25-unit Historic Jerrico Apartments, a MiMo gem by architect Tony Sherman, with 20 one-bedrooms (many with flex space) and 6 studios, plus a lush courtyard and rooftop deck. Adjacent is 7825 Harding Ave, an 8-unit short-term rental property with four 1-bed/1-bath units and four studios. Together: 34 legal STR units in a rapidly evolving area bordered by Bal Harbour, North Bay Village, and South Beach. With major developers already investing, North Beach is poised for a major boom.
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Building Details
- Structure Type: Apartment,HotelMotel
- Covered Spaces: 0
Expenses, Fees & Taxes
- Tax Annual Amount: $29,476
Miscellaneous
- List Office Name: Fausto Commercial Realty Consultants Inc
Ask our real estate expert about this property
This Multifamily-type commercial real estate is located in FL, Miami Beach was built in 1939, and is listed at $11,500,000.