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Active - Other for sale

235 78th St, Miami Beach FL 33141

Facts & features

Other Property type
703 days on Beycome
1951 Year built

Why you’ll love it

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.

Translating description...

Listings courtesy of Fausto Commercial Realty Consultants Inc.

Listed by: Antonio Saladrigas • 786-378-1850 • Fausto Commercial Realty Consultants Inc

Co-listed by: Fausto Commercial Realty Consultants Inc

Source: Miami MLS, MLS#: A11708118 Miami MLS logo

Based on info available as of Nov 12, 2026 at 7:10 PM EST.

Come see by yourself

Affordability

$5,525,000$11,475,000
1%20%
0%90%
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Estimated monthly payment

$50,748/mo

  • Mortgage$42,981
  • Property tax$7,767
  • HOA fee
  • Homeowners insurance
Due at closing$6,757,500
Down payment held in escrow$1,700,000
Closing costs$127,500
beycome credit Est.$170,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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$170,000 Credit back

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Travel times

About Miami Beach

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Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 8 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 12, 2026 at 07:10pm EST.

$8,500,000 Listed price

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$170,000 Credit back

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