235 78th St Miami Beach, FL $ 8,500,000
235 78th St
$ 8,500,000
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235 78th St

Miami Beach, FL, 33141
$ 8,500,000
Bedrooms-- Baths-- Sq 15,719

Monthly Estimate*

$ 53,029

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Commercial Property for sale in Miami Beach, FL

for $8,500,000. This 15,719 square foot building was built in 1951.

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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Commercial Active

Price

$ 8,500,000

Property Type

Commercial

Taxes

$ 93,205

Style

Year Built

1951

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A11708118

Features
General
Year Built 1951
Property Subtype Multi Family
County Miami-Dade
Property Type Commercial Sale
Status Active
City Miami Beach
Zoning Description 3900
MLS Area 32
Lot Size Units Square Feet
Lot Size Square Feet 16500
Tax Annual Amount 93205
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11708118
Structure Type Apartment Hotel/Motel
Standard Status Active
Occupancy Type Call Agent
Property Sub Type Additional Multi Family
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
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Interior
Total Baths 0
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Exterior
Lot Size Area 16500
Building Area Total 15719
Covered Spaces 0
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* Excluded Features
List By
Fausto Commercial Realty Consultants Inc

Broker

tonysaladrigas@gmail.com

Email

Affordability Calculator

$60,796
Per Month
87%
13%
0%
Monthly Principal & Interest
$53,029
Monthly Property Taxes
$7,767
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/13/2025$8,500,000 -14.57% Price Down
10/31/2025$9,950,000 Listed Price

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235 78th St, Miami Beach, FL, 33141 is a Commercial Property for sale at $8,500,000 with 15,719 sqft. 235 78th St was built in 1951. The property's zip code is 33141 which is in Miami Beach, FL