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Little River, Hospitality – Development Site
$5,500,000
For sale
6930
Property ID
9,500 SqFt
Size
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.
HIGHLIGHTS
- Buyer Agency Compensation: 2.0%
Address
Address:
498 NE 78th St, Miami, FL
- Country: United States
- Province / State: Florida
- City / Town: Miami
- Property ID 6930
- Price $5,500,000
- Property Type Development opportunities, Hotel
- Property status For sale
- Year Built 1939
- Size 9,500 SqFt