34 Units – Multifamily/STR – Covered – Land Play

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.