498 NE 78th St, Miami FL 33138
$5,500,000
Est. Payment $29,273/mo
1939
Year Built
246
Days on Market
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.
Facts
- MLS#
- A11240801
- Subdivision
- —
- Property Type
- Commercial Sale
- Property Sub Type
- Mixed Use
- Year Built
- 1939
- Lot Size
- 19,500 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- —
- Garage
- —
- Pool
- —
- Days on Market
- 246 days
- Listed
- Jul 13, 2022
- Last Updated
- May 7, 2024
- Price/Lot Sq.Ft.
- $282/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
SOLD$5,000,000
— bd · 0 ba · —
9050 NE 8th Ave, Miami Shores FL 33138
SOLD$4,999,000
— bd · 0 ba · —
7805 NE Bayshore Ct, Miami FL 33138
SOLD$4,950,000
— bd · 0 ba · —
6444 NE 4th Ave, Miami FL 33138
SOLD$6,190,000
— bd · 0 ba · —
6654 Biscayne Blvd, Miami FL 33138
SOLD$6,250,000
— bd · 0 ba · —
7350 Biscayne Blvd, Miami FL 33138
SOLD$4,400,000
— bd · 0 ba · —
7500 NE 6th Ct, Miami FL 33138
Market insights for Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
September 2026
33
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 5/7/2024 | Sold | $5,500,000 |
| 7/13/2022 | Listed for sale | $5,500,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$34,007/mo
Principal & Interest
$29,273
Property Tax
$4,583
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
Similar listings nearby
More homes in Miami around $5,500,000.
300 Biscayne Boulevard Way # 2701, Miami FL 33131
340 SW 20th Road, Miami FL 33129
808 Brickell Key Dr # 3901, Miami FL 33131
1110 NW North River Dr, Miami FL 33136
2300 S Miami Ave, Miami FL 33129
13724 SW 92nd Ct, Miami FL 33176