498 NE 78 St Rd

    Miami, FL 33138
    • $2,553,192
    • STATUS: Active
    • ON SITE: 173 days
    • MLS #: A10492361
    UPDATED: 58 min ago
    $2,553,192
    • 0
      BEDS
    • 0.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    32
    Type:
    Commercial
    Built:
    1939
    County:
    Area:
    32

    School Ratings & Info

    Description

    OWNER SAYS SELL! BRING ALL OFFERS! Great deal on a centrally located revitalized area. Currently used as a hotel with $300K gross income and 8.97% cap rate. The property has 134 feet of waterfront, and overlooks the river that runs behind plus there is a scenic park just on the other side of the river. The location is within a close proximity to Wynwood and shopping districts with just a short distance to the beach. This building is currently used as a 12 unit hotel. (Tax record reflects 8 apt. units.) The two adjoining properties are also available...providing 445 feet along the river, which would be great for redevelopment. Call for more details.

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    Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2018-12-16T09:40:52.69.
    www.welovesouthflorida.com/homes/84994212

    498 NE 78 St Rd Miami, FL 33138

    • Price: $2,553,192
    • Status: Active
    • Updated: 58 min ago
    • MLS #: A10492361
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.29
    Acres
    1939
    Built
    Neighborhood:
    32
    County:
    Miami-Dade
    Area:
    32
    Property Description
    OWNER SAYS SELL! BRING ALL OFFERS! Great deal on a centrally located revitalized area. Currently used as a hotel with $300K gross income and 8.97% cap rate. The property has 134 feet of waterfront, and overlooks the river that runs behind plus there is a scenic park just on the other side of the river. The location is within a close proximity to Wynwood and shopping districts with just a short distance to the beach. This building is currently used as a 12 unit hotel. (Tax record reflects 8 apt. units.) The two adjoining properties are also available...providing 445 feet along the river, which would be great for redevelopment. Call for more details.
    Exterior Features

    Construction Type Concrete Block ConstructionCbs Construction Num Loading Doors 0 Num Parking Spaces 10 Parking Description Common ParkingFree ParkingGuest Parking Roof Description Composition Roll Waterfront Description Canal Front Waterfront Property Yn Yes

    Interior Features

    Cooling Description Wall/Window Unit Cooling Floor Description Concrete Floors Interior Ceiling Height 0.0000 Maximum Ceiling Height 0.0000 Num Offices 1

    Property Features

    Approximate Lot Size 12803 Electric Service 110 Volts PowerSeparate Meters Flood Zone Ae Information Available Aerial Photo(S)Owner ManagedPhotos Num Bays 0 Property Description Hotel/Motel Reo YN No Short Sale Yn No Tax Amount 7892 Tax Year 2018 Terms Considered All CashConventional/Refinance Typeof Property Hotel Year Built Description Resale

    Listing courtesy of Capital Commercial R.E. Group.


    Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2018-12-16T09:40:52.69.
     
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