Miami Beach, FL 33141

Property

Ownership: For Sale
Type: Unknown
Pets: Pets No

Financials

Price:$11,500,000
Annual Taxes:$29,476
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Fausto Commercial Realty Consultants Inc

Description

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.

22, 000 SF of prime land in North Beach offers a rare opportunity for legal short term rentals or future development.


    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.