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Miami-Dade County
498 NE 78th St
W81° 48' 48''
N25° 50' 48.7''
: Ne
Additional Information
Fausto Commercial Realty Consultants Inc
: Sale
Property Description

Little River RiverFront Hospitality/FoodBev/Development Site. The River Hotel offering is composed of two buildings with Hotel license, a total of 19 units, these garden style buildings are located in the Upper Eastside neighborhood of Miami. The property is ideally situated one block south of NE 79th Street and one block west of Biscayne Boulevard (US-1) on a secluded, waterfront street with major development all around it. The property has secured parking right in front of the Hotel. The River Hotel was built in 1939/1945 and is situated on a .45- acre waterfront lot. The buildings are made up of 19 studio units with approximately 500 SF. One of the two buildings have updated electric and new roof.

This listing is courtesy of Fausto Commercial Realty Consultants Inc.

More detailed information, including prior sales, lot and building square footage per the county, zoning, traffic maps, nearby businesses, and more related to the Miami-Dade county property folio associated with this commercial property listing, which in most cases would be for the listed property, is displayed below. This is not provided by the listing broker or agent, but is information obtained independently from the county for the folio number 0132070400180 entered for this listing by the listing broker / listing agent. Importantly, always verify information. This county information is not updated regularly. Thus, some of the information may have changed since it was obtained. Information herein is provided on a best efforts basis only. Do not rely on it to make an investment decision.

Miami-Dade County Information for Folio 01-2070-040-0180 (0132070400180)*
Links to Miami-Dade Lot Outline, Aerial Views, Tax Records

Property Location*
Address: 498 NE 78 Street Rd
City: Miami
State: Florida
Zip Code: 33138-4500 (Listings)
County: Miami-Dade (Listings)
Building Size - English*
Living Square Feet: 5,261
Actual Square Feet: 5,261
Adjusted Square Feet: 4,423
Lot Size - English*
Lot Size (sf): 12,803
Lot Size (acres): 0.29
Building Size - Metric*
Living Square Meters: 488.76
Actual Square Meters: 488.76
Adjusted Sq M: 410.91
Lot Size - Metric*
Lot Size (sq m): 1,189
Lot Size (ha): 0.12
Zoning & Land Use*
Land Use: 3922 - Hotel Or Motel : Motel
Zoning: 3900 - Multi-family - 38-62 U/a
Municipal Zoning: T4 R (Miami)
All Listed | All Properties
Prior Sale*
Type: Sales type info not available
Qual: Q
Date: 06/01/2007
Amount: $700,000
Prior Sale #2* (Second to Last)
Type: Qual by exam of deed
Qual: U
Date: 04/01/2007
Amount: $0
Prior Sale #3* (3rd to Last)
Type: Qual by exam of deed
Qual: Q
Date: 05/01/1994
Amount: $100,000
Taxable Values*
Tax Year: 2022
Land: $640,150
Building: $237,539
Total: $877,689
Assessed: $307,710
County Taxable: $307,710
City Taxable: $307,710
Mill Code: 0100
Owner 1: Dinesh Prasad Paliwal &w Vimal
Mailing Address: 110 Nw 154 St
Mailing City: Miami
Mailing State: Fl
Mailing Zip: 33169-6725
Building Information*
Stories: 2
Units: 8
Year Built: 1939
Effective Year Built: 1939
Extra Features 1: Paving - Asphalt
Extra Features 2: Patio - Brick, Tile, Flagstone
Legal Description*
Legal Description Concatenated: 7 53 42 FEDERAL WAY AMD PB 25-6 LOT 8 & LOT 7 LESS NWLY50FT BLK 3 LOT SIZE 12803 SQUARE FEET OR 16369-2583 0594 1

*This Miami-Dade county folio information was recently obtained for the folio number entered on this listing by the listing broker, which usually is correct, but not always. This information is not represented as or warranted to be accurate or current. Verify this and all information about this property independently. Do not rely on it to make an investment decision.

Commercial Sale

498 NE 78th St, Miami, Florida 33138

Listing ID#A11240801
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Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : A11240801
Price : $5,500,000
Year Built : 1939
Built up area : 9,500 Sqft
Status : Active
Type of Business : Commercial/residential Income, Hotel/motel