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Floor Plans
Map
$18,551,858*
●
Commercial -
Off Market
498 NE 78 St Rd
Miami, FL 33138
Studio
0 Bath
$9,450,000 - $11,550,000
Reference Base Price*
76.68%
Since May 1, 2019
FL-Miami
Primary Model
About This Property
BRING ALL OFFERS! OWNER SAYS SELL! Redevelopment
opportunity in a centrally located revitalized area with 445 feet
on the river. The properties currently have apartments buildings
and a motel. Great way to generate income while going through
planning and permits. All properties are on the river that
runs behind and there is also a scenic park on the opposite bank of
the river. Lots of redevelopment and building in the area! Close
proximity to Wynwood and shopping districts with just a short
distance to the beach. Four tax folios--possible to buy the entire
assemblage of properties and build an apartment complex or
hotel/motel on the river.
Unit Size
-
Days on Market
-
Land Size
1.40 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$7,102
HOA Dues
-
Year Built
-
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 21, 2019 | No longer available | - | |
| No longer available | |||
| Dec 15, 2018 | Listed | $10,500,000 | |
| Listed | |||
Property Highlights
498 NE 78 St Rd
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
House
6
Beds
6.5
Baths
5,198 ft²
$2,116/ft²
$11,000,000
Oct 15, 2022
-
$1,610/mo
Active
House
5
Beds
6.5
Baths
5,427 ft²
$1,751/ft²
$9,500,000
Dec 20, 2021
-
$1,106/mo
Active
House
6
Beds
7.5
Baths
5,693 ft²
$1,580/ft²
$8,995,000
Nov 19, 2022
-
$1,589/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
06/25/2018
|
|
Studio
|
-
|
-
|
-
Studio
-
|
-
-
|
-
|
Randy North
Capital Commercial R.E. Group
|
Building Info
About Northern Miami
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$8,995,000
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Open House: Sat Apr 1, 8AM - 11AM
$9,500,000
- 5 Beds
- 6.5 Baths
- 5,427 ft²
