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$11,500,000
Est. payment /mo
18,866 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 18,866 sqft
Price per Sqft $609
MLS Listing ID A11789071
HOA Y/N No
Year Built 1939
Annual Tax Amount $29,476
Lot Size 0.505 Acres
Property Sub-Type Multi Family
Property 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.
Location
State FL
County Miami-dade
Area 32
Exterior
Private Pool Yes
Others
Tax ID 02-32-02-007-0180
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11789071
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Listed by Fausto Commercial Realty Consultants Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
bernadette@bernadettebunch.com
3591 NW FEDERAL HWY, JENSEN BEACH, Florida, 34957, USA