Miami, FL 33138,498 NE 78th St
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Miami, FL 33138,498 NE 78th St
Alex Miranda
Alex Miranda

Licensed Realtor | COMP3203583

+1(305) 712-6522

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$ 5,500,000

$ 5,500,000

Est. payment /mo
Sold on 05/07/2024

498 NE 78th St Miami, FL 33138

9,500 SqFt


UPDATED:

Key Details

Sold Price $5,500,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 9,500 sqft

Price per Sqft $578

MLS Listing ID A11240801

Year Built 1939

Annual Tax Amount $9,490

Lot Size 0.448 Acres

Property Sub-Type Mixed Use

Property Description

Little River RiverFront Hospitality/FoodBev/Development Site. The River Hotel offering is composed of two buildings with Hotel license, a total of 19 units, these garden style buildings are located in the Upper Eastside neighborhood of Miami. The property is ideally situated one block south of NE 79th Street and one block west of Biscayne Boulevard (US-1) on a secluded, waterfront street with major development all around it. The property has secured parking right in front of the Hotel. The River Hotel was built in 1939/1945 and is situated on a .45- acre waterfront lot. The buildings are made up of 19 studio units with approximately 500 SF. One of the two buildings have updated electric and new roof.

Location

State FL

County Miami-dade County

Area 32


Listed by Fausto Commercial Realty Consultants Inc
Bought with Fausto Commercial Realty Consultants Inc
agent

Alex Miranda

Licensed Realtor | COMP3203583

+1(305) 712-6522

GET MORE INFORMATION

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Phone*
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498 NE 78th St