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FL
Miami-Dade County
Miami Beach
33141
235 78th St
235
Jerrico Apts
0
W81° 52' 41.3''
N25° 51' 48.5''
02-32-02-007-0190
3900
Additional Information
Fausto Commercial Realty Consultants Inc
$73,204
1
71
: Sale
Property 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 listing is courtesy of Fausto Commercial Realty Consultants Inc.

More detailed information, including prior sales, lot and building square footage per the county, zoning, traffic maps, nearby businesses, and more related to the Miami-Dade county property folio associated with this commercial property listing, which in most cases would be for the listed property, is displayed below. This is not provided by the listing broker or agent, but is information obtained independently from the county for the folio number 0232020070190 entered for this listing by the listing broker / listing agent. Importantly, always verify information. This county information is not updated regularly. Thus, some of the information may have changed since it was obtained. Information herein is provided on a best efforts basis only. Do not rely on it to make an investment decision.

Miami-Dade County Information for Folio 02-2020-007-0190 (0232020070190)*
Links to Miami-Dade Lot Outline, Aerial Views, Tax Records
Property Location*
Address: 235 78 St
City: Miami Beach
State: Florida
Zip Code: 33141-2189 (Listings)
County: Miami-Dade (Listings)
  -
Building Size - English*
Living Square Feet: 17,914
Actual Square Feet: 17,914
Adjusted Square Feet: 15,719
  -
Lot Size - English*
Lot Size (sf): 16,500
Lot Size (acres): 0.38
  -
Building Size - Metric*
Living Square Meters: 1,664.26
Actual Square Meters: 1,664.26
Adjusted Sq M: 1,460.34
  -
Lot Size - Metric*
Lot Size (sq m): 1,533
Lot Size (ha): 0.15
  -
Zoning & Land Use*
Land Use: 0303 - Multifamily 10 Units Plus : Multifamily 3 Or More Units
Zoning: 3900 - Multi-family - 38-62 U/a
Municipal Zoning: RM-1 (Miami Beach)
All Listed | All Properties
  -
Prior Sale*
Type: Corrective, tax or QCD; min consideration
Qual: U
Date: 12/20/2023
Amount: $100
  -
Prior Sale #2* (Second to Last)
Type: Corrective, tax or QCD; min consideration
Qual: U
Date: 02/15/2018
Amount: $100
  -
Prior Sale #3* (3rd to Last)
Type: Corrective, tax or QCD; min consideration
Qual: U
Date: 09/30/2015
Amount: $100
  -
Taxable Values*
Tax Year: 2023
Land: $4,950,000
Building: $10,000
Total: $4,960,000
Assessed: $3,277,457
County Taxable: $3,277,457
City Taxable: $3,277,457
Mill Code: 0200
  -
Ownership*
Owner 1: Vss 2 Llc
Owner 2: C/o Edgar Salas
Mailing Address: 1671 South Wolfe Rd
Mailing City: Sunnyvale
Mailing State: Ca
Mailing Zip: 94087
Mailing Country: USA
  -
Building Information*
Stories: 2
Units: 25
Year Built: 1951
Effective Year Built: 1951
Extra Features 1: Patio - Concrete Slab
Extra Features 2: Wall - Cbs 4 To 8 In, Reinforced
Extra Features 3: Paving - Asphalt
  -
Legal Description*
Legal Description Concatenated: 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

*This Miami-Dade county folio information was recently obtained for the folio number entered on this listing by the listing broker, which usually is correct, but not always. This information is not represented as or warranted to be accurate or current. Verify this and all information about this property independently. Do not rely on it to make an investment decision.

Commercial Sale

235 78th St, Miami Beach, Florida 33141

$13,750,000
Listing ID#A11535192
QR Code
Basic Details
Property Type : Commercial Sale
Property Sub Type : Income/multifamily
Listing Type : For Sale
Listing ID : A11535192
Price : $13,750,000
Year Built : 1951
Built up area : 17,914 Sqft
Status : Active
Type of Business : Hotel/motel, Apartments