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.
15,719 Sq Ft
0.38 Private Acres Exterior Space
Commercial
$93,205 Annual Tax
Built in 1951
MLS/Listing ID A11708118
Listing Courtesy of FAUSTO COMMERCIAL REALTY CONSULTANTS INC, ANTONIO SALADRIGAS - 786-378-1850
Source of Data: MIAMI ASSOCIATION OF REALTORS