498 Ne 78 St Rd, Miami, Florida

Real Estate For Sale

$2,300,000

Beds Baths

498 NE 78 St Rd
Miami , FL 33138

Commercial - Active

MLS #: A10492361

Year Built: 1939

Taxes: $7,892
Tax Year: 2018
Real Estate For SaleReal Estate For SaleReal Estate For SaleReal Estate For SaleReal Estate For SaleReal Estate For Sale
REMARKS: OWNER SAYS SELL! BRING ALL OFFERS! Great deal on a centrally located revitalized area. Currently used as a hotel with $300K gross income and 12.05% 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.

AMENITIES: Concrete Block Stucco, Wall Or Window Air Conditioner(s), Lot Size Is 1/4 Acre Or Less, Guest Parking, Composition Roof, Waterfront Property, Canal Waterfront Property,

 

 

 

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