Property 1 NE 78th Street, Miami, FL 33138 for sale with MLS# A12011267
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.
1 NE 78th Street, Miami, FL 33138
- Price:
- $2,600,000.00
- Original List Price:
- $2,600,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $406.56
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Commercial Sale
- Property Type:
- Multi Family
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- April 15, 2026 4:00 am
- Built-Up Area:
- 6,395 Sqft
- Lot Size Acres:
- 0.3
- Year Built:
- 1971
- Flood Zone Code:
- X
- Senior Community:
- No
- Tax Legal Description:
- LITTLE RIVER GDNS PB 7-26 LOT 5 LESS W10.96FT FOR R/W & ALL LOT 6 BLK 26 LOT SIZE 13063 SQ FT OR 20501-1331/20672-4581 0502 6 COC 25392-3554
- Real Estate Folio Number (Parcel Number):
- 0131120140150
- Zoning:
- 6100
- Active on the market since:
- April 15, 2026
- Listing Agreement executed on:
- April 15, 2026
- Listing Status Last Changed On:
- April 15, 2026 4:00 am
- Photos updated on:
- July 9, 2026 8:26 am
- Last Modified:
- July 15, 2026 4:15 pm
- Courtesy of:
- Fausto Commercial Realty Consultants Inc
- Attribution:
- Not provided
- Street Name:
- 78th
- Street Number:
- 1
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33138
- County:
- Miami-Dade
- Latitude:
- N25° 50' 47.8''
- Longitude:
- W81° 48' 12.1''
- Street Suffix:
- Street
- Street Direction Prefix:
- NE
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
Ver la propiedad 1 NE 78th Street, Miami, FL 33138
