Commercial Real Estate

Basics

  • Category:
  • Type:
  • Status:
  • Bathrooms: 0
  • Lot size: 22000, 22000 sq ft
  • Year built: 1939
  • County: Miami-Dade
  • MLS ID: A11789071

Description

  • 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

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This -type commercial real estate is located in FL, Miami Beach was built in 1939, and is listed at $11,500,000.

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