Pending

498 NE 78th St

Miami FL, 33138

$5,500,000


$578.95 per sqft

Pending

9,500 sqft

Commercial

Built in 1939

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.

A11240801

MLS ID

July 13, 2022

Listed

February 15, 2024

Updated

Map

498 NE 78th St
Miami FL, 33138

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.45 Acres

Other Property Details

Taxes

$9,490


Tax Frequency

Annually


Days on Market

246


Garage

No


View

No


County

Miami-Dade County


Pool

No


Zoning

3900


Buyer Agency Compensation

2.0%

Listed by:  Fausto Commercial Realty Consultants Inc
Listing Contact: 305-431-2258 

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

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Data last updated 8:40 PM UTC, 2/15/2024.

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