Miami Beach, FL 33141

Property

Ownership: For Sale
Type: Unknown
Pets: Pets No

Financials

Price:$9,950,000
Annual Taxes:$93,205
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Fausto Commercial Realty Consultants Inc

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.

The Historic Jerrico Apartments, a 25 unit short term rental applicable property in North Beach, Miami Beach.


    Long Island MLS

    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.