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Investment Highlights

  • Short Term Eligible!
  • Income Producing
  • 22,000 SF of Contiguous Lots
  • Miami Beach Last Frontier for Development

Executive Summary

22,000 square feet of prime land, opening doors for the development of a luxurious hotel in this highly sought-after location. The Historic Jerrico Apartments, a 25 Unit Short-Term Rental/Lodging enabled and Architectural Masterpiece in North Beach. This MiMo jewel by renowned architect Tony Sherman has twenty 1-bedroom units, most with a flex space ample enough for an extra bedroom and 6 studios, a lush common area central courtyard, and an underutilized preexisting rooftop deck with views of the surrounding scene. 7825 Harding Ave is an 8 Unit Short-Term Rental/Lodging enabled property in North Beach with potential to become something brand new. It currently has four one bedrooms, one bath and four large studios. Combining these properties gives you a total of 34 units and 22,000 square feet of prime land, opening doors for various opportunities such as short term rentals or developing the new wave in North Beach. Miami Beach strictly regulates short-term rentals, but this site provides one of the exceedingly rare opportunities to operate a fully legal and zoned short-term rental, AirBNB, for lodging use. North Beach is a hidden gem surrounded by upscale Bal Harbor to the north, North Bay Village to the west and world famous South Beach to the south. It has all the amenities of the beach, stunning architecture, and excitement, while retaining an element of affordability. Although the area is still far from its full potential, it has already attracted big-name illustrious developers such as Optimum Development USA with the recently completed Monaco Yacht Club and Residence, Galbut, Cohen, Lefferts, Shcer, Finvarb, Mehrabi, and Blavatnik, with 600 condos, 100+ apartments, and retail in progress. Get in now while values are still manageable and before they reach dizzying heights.

Property Facts

Price $15,751,665 CAD
Price / SF $747.91 CAD / SF
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 1
Total Building Size 21,061 SF
Total Land Area 0.51 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Jerrico Apartments
235 78th St, Miami Beach, FL 33141
Multifamily 17,914 SF 1951 $11,642,535 CAD
7825 Harding Ave, Miami Beach, FL 33141 Multifamily 3,147 SF 1939 -
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  • Listing ID: 35530440

  • Date on Market: 2025-04-16

  • Last Updated:

  • Address: Harding Assemblage 22K SF In North Beach, Miami Beach, FL

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