The Jerrico Apts Hotel, designed by the visionary architect Tony M. Sherman in 1951, stands as a striking example of Miami Modern (MiMo) architecture, offering a unique blend of clean lines, geometric shapes, and vibrant colors. Located on 78th Street, this 25-unit historic gem has witnessed decades of history, from its vibrant beginnings in the golden age of Miami Beach to the present day, where it awaits a new chapter. Recently, the 10-year recertification was completed in 2025, ensuring the building's continued structural integrity. The tenants are on month-to-month leases, allowing for the flexibility to adjust rents to competitive market rates. With twenty 1-bedroom units, many offering flex space, and six studios, there’s tremendous potential to transform the property into a thriving boutique hotel or flexible residential rentals. The Jerrico Apts is not just a property; it's a piece of Miami Beach's rich history, offering the opportunity to blend the past with modern luxury. Enhancements, including window and door replacements, short-term rental-compliant AC units, and electrical upgrades, have already been completed with city permits. The North Beach area, home to the Jerrico Apts, is undergoing a revitalization, spurred by the North Beach Community Redevelopment Agency, promising a wave of new development and infrastructure improvements. With Miami Beach offering tax incentives for historic preservation and the area primed for growth, this is a rare opportunity to own a piece of a beloved landmark in an emerging neighborhood.