500 NE 78th St, Miami FL 33138

Closed

$9,900,000

Est. Payment $52,692/mo

MLS Sheet Video

1949

Year Built

87

Days on Market

Description

Peaceful 43 lodge style units sprawled across a riverfront acre in Miami’s hot new Little River/Upper East Side ‘MiMo’ (Miami Modern). The property is nestled along the neighborhood's serene Little River adjoining the neighborhoods of Ironside, Wynwood and the Design District. Close to the Brightline station, the area is undergoing an economic explosion. Major developments are sprouting up daily. The property consists of 4 buildings, 2 of which are completely renovated. These are equipped with brand new appliances, impact windows/doors, and split ACs. Washer/dryers on premises, and beautiful gardens to relax or simply observe the peaceful manatees floating by. Short Term Rental Possible. Do not pass on this opportunity to be a part of Miami’s new hot scene.

Facts

MLS#
A11305243
Subdivision
Property Type
Commercial Sale
Property Sub Type
Income/MultiFamily
Year Built
1949
Lot Size
41,575 ft²
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
Garage
Pool
Days on Market
87 days
Listed
Nov 18, 2022
Last Updated
Jun 7, 2023
Price/Lot Sq.Ft.
$238/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

September 2026

100/100
Buyers marketSellers market

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).

6/7/2023Sold$9,900,000
11/18/2022Listed for sale$9,900,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

500 NE 78th St, Miami FL 33138Directions

Estimated Monthly Payment

$61,092/mo

Principal & Interest

$52,692

Property Tax

$8,250

Insurance

$150

HOA

$0

20% ($1,980,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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