498 NE 78 ST RD Miami , Florida |
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$ 2,300,000Beds Baths498 NE 78 ST RDMiami , FL 33138
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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.
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The data relating to real estate for sale on this web site comes in part from the participating Associations of the Southeast Florida Regional Multiple Listing Service. The MLS data provided for the property above (MLS# A10492361) is provided courtesy of (Capital Commercial R.E. Group). 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. Real Estate Web Design By Realty Net Media - IDX Websites