No photos available
Offered at
$2,600,000
1 NE 78th Street, Miami, FL 33138
- 0
- Beds
- 0
- Full Baths
- 6,395
- Sq.Ft.
Listing courtesy of Vicente Javier Rodriguez, Fausto Commercial Realty Consultants Inc
Property Description
13-unit multifamily asset strategicallylocated in the heart of Little River, one ofMiami’s fastest-evolving urbanneighborhoods. Positioned on a prominentcorner lot with frontage along NE 78thStreet, the property benefits from strongvisibility, walkability, and quick connectivityto the Design District, Wynwood, andDowntown Miami, as well as major transitcorridors. Built in 1971, the two-story buildingtotals approximately 7,496 SF of living areaon a 13,063 SF lot and is currently operatingwith stable in-place income. Offered at$2,600,000, the property generates an in-place NOI of approximately $191,000,equating to a 7.35% cap rate, with modestupside through rent growth and operationalefficiencies. A key value driver is the T6-8-Ozoning, which supports high-density mixed-use redevelopment of up to eight stories,positioning the asset for futureredevelopment, assemblage, or land-banking as Little River continues itstransformation.
Overview
At a glance
- Property Type
- Commercial Sale
- Property Sub-Type
- Multi Family
- Address
- 1 NE 78th Street, Miami, FL 33138
- Zoning
- 6100
- MLS ID
- A12011267
- Listing Date
- 2026-04-15
- Last Updated
- 5/2/2026, 1:06:43 AM
- Days on Market
- 78
Features & Amenities
The Details
Details
- Building Area
- 6,395 sq.ft.
- Lot Size
- 13,063 sq.ft.
- Lot Size (Acres)
- 0.3 acres
- Year Built
- 1971
- County
- Miami-Dade
- Zoning
- 6100
Financial
- List Price
- $2,600,000
- Original List Price
- $2,600,000
Location
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Learn More →Information & Accuracy
All information provided on this page is deemed reliable but is not guaranteed. Square footage, lot size, room dimensions, year built, taxes, and HOA figures are sourced from the MLS, the seller, or public records, and Aquantis Realty makes no representation or warranty as to their accuracy. All measurements and material facts should be independently verified by the buyer.