How much is 235 78th Street?

235 78th Street is listed at $8,500,000, about $541 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.

What is 235 78th Street zoned?

The listing reports zoning of 3900. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.

How big is 235 78th Street?

The listing reports 15,719 square feet of building.

When was 235 78th Street built?

235 78th Street was built in 1951. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.

What are the property taxes on 235 78th Street?

The listing reports annual property taxes of $93,205. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.

How do I tour 235 78th Street?

Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

235 78th Street, Miami Beach, FL 33141

$8,500,000 · $541 per sq ft · Multifamily for sale

Property type: Multi Family
Asking price: $8,500,000
Price per sq ft: $541
Building size: 15,719 sq ft
Lot size: 16,553 sq ft
Zoning: 3900
Year built: 1951
Parcel ID: 0232020070190
MLS#: A11708118

About this property

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.

Operating Statement

Property taxes	$93,205/yr

Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Fausto Commercial Realty Consultants Inc · cfm@faustocommercial.com · Listing agent: Antonio Saladrigas

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 235 78th Street or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Questions About 235 78th Street

How much is 235 78th Street?: 235 78th Street is listed at $8,500,000, about $541 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
What is 235 78th Street zoned?: The listing reports zoning of 3900. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
How big is 235 78th Street?: The listing reports 15,719 square feet of building.
When was 235 78th Street built?: 235 78th Street was built in 1951. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
What are the property taxes on 235 78th Street?: The listing reports annual property taxes of $93,205. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
How do I tour 235 78th Street?: Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

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