Historic Jerrico Apartments: 25
For Sale
$8,500,000
235 78th St, Miami Beach, FL 33141
25-unit short-term rental property in North Beach, Miami Beach.
Lot Size0.38 Acres
Days on Market245
Property Features for 235 78th St
General Information
Standard status
Active
Lot size
0.38 Acres
Property subtype
Commercial
Building Details
Year Built
1951
Listing Agency:
Fausto Commercial Realty Consultants Inc
(786) 378-1850
Listed By:
Antonio Saladrigas · License #A11847788
(786) 378-1850
Source:
Elliman
Added: Nov 27, 2025
Changed: Jul 6
Last Checked: Jul 29 at 1:12PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fausto Commercial Realty Consultants Inc
Investment Insights
Based on property information with market context.
The Historic Jerrico Apartments is a 25-unit property located in North Beach, Miami Beach. The building, designed by Tony Sherman, contains 20 one-bedroom units and 6 studios. Architectural features include a courtyard and rooftop deck. The property is zoned for short-term rentals. Recent improvements include new windows, doors, A/Cs, and an electrical panel. The property is positioned in North Beach, near South Beach.
Key Highlights
- Fully legal and zoned for short‑term rentals in Miami Beach.
- Potential to yield over $900k/year in short‑term rental income.
- 25‑unit building comprised of 20 one‑bedroom units and 6 studios.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,558
Businesses Nearby
Explore this area
Business Placement
Demographics for 33141, FL
35,995
Population
21,793
Households
1.7
Avg Household Size
44
Median Age
44%
College-Educated
91%
High-School Grad
2.3 sq mi
ZIP Area
15,650
Density / Sq Mi
$64,457
Median Household Income
$36,899
Median Earnings
$1,739
Median Rent
$434,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 25-unit short-term rental property in North Beach, Miami Beach.
Where is this apartment building located?
The property is located at 235 78th St Miami Beach, FL.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: Fully legal and zoned for short‑term rentals in Miami Beach.; Potential to yield over $900k/year in short‑term rental income.; 25‑unit building comprised of 20 one‑bedroom units and 6 studios.
