Multifamily – 22,000 SF in Miami Beach, FL – 34 Legal Short-Term Rental Units

Category: Multifamily

Price:$11,500,000

Location: Miami Beach, FL

Year Built: 1939

Days on Market: 1

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 in North Beach with 34 legal STR units. MiMo gem + value-add site. Rare zoning, huge upside, prime location

Listing Code: 1112057474