Property Listing No Longer Available for Sale

498 NE 78 Street, Miami, FL

Hotel for Sale - $2,300,000 - 4,400 Sq. Ft. on 12800 acres


Property Info

CIMLS#1017961
Location
  498 NE 78 Street
  Miami FL 33138
UpdatedMarch 5th, 2020
TypeHotel
Price$2,300,000
Building4,400 Sq. Ft.
Land12800 acres

Property Description

Great deal on a centrally located revitalized area. Hotel with 9.96% cap rate. Nestled between two large scale developments. Balconies overlook the river that runs behind this fabulous property. Within a close proximity to Wynwood and shopping districts with just a short distance to the beach. This building is used as a 12 unit hotel. (Tax record reflect 8 units). For additional information contact Michael Swing at 954-551-4466.


Financials