$5,500,000
$5,500,000
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498 NE 78th St Miami, FL 33138
9,500 SqFt
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
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Bought with Fausto Commercial Realty Consultants Inc