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4-Plex Shell for Land Value
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Contact for pricing
Pending

321 NE 78th St, Miami, FL 33138

A 4-plex shell offered for land value, subject to a long-standing 40-year certification violation.

Property SizeContact for details
Days on Market125

Property Features for 321 NE 78th St

General Information

Standard status Pending
Property subtype Special Purpose

Additional Details

Multifamily Units 4
Listing Agency: Whitehall Realty Advisors LLC
Listed By: Mojdeh Khaghan · License #3233253
Source: Crexi
Added: Apr 11 Changed: Jul 23 Last Checked: Aug 12 at 6:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Whitehall Realty Advisors LLC

Investment Insights

Based on property information with market context.

This property consists of a four-unit (4-plex) structure that is currently described as a shell. Public remarks indicate there is a violation related to 40-year certification that has been outstanding for approximately 40 years, and the structure must be demolished or brought into compliance.

The offering is presented as selling for land value subject to the cited violation. Prospective purchasers should plan for work required to address the certification issue or demolition as part of their due diligence.

No further unit layout, condition details, or income information are provided in the remarks, so inspections and confirmation of required scope will be important before proceeding.

Key Highlights

  • 4‑plex structure offered as a shell, selling for land value
  • Property has a violation related to a 40‑year certification; structure needs demolition or compliance
  • Subject to a long‑standing 40‑year certification violation per listing remarks

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Nursing Home Dental Office (Bike/Boat/Book/etc) Store Electrical Service Locksmith Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

2,833
Businesses Nearby

Demographics for 33138, FL

27,601
Population
14,310
Households
1.9
Avg Household Size
43
Median Age
47%
College-Educated
87%
High-School Grad
4.2 sq mi
ZIP Area
6,572
Density / Sq Mi
$71,518
Median Household Income
$52,853
Median Earnings
$1,647
Median Rent
$686,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - A 4-plex shell offered for land value, subject to a long-standing 40-year certification violation.
Where is this quadplex located?
The property is located at 321 NE 78th St Miami, FL.
What are key features of this property?
This property features: 4‑plex structure offered as a shell, selling for land value; Property has a violation related to a 40‑year certification; structure needs demolition or compliance; Subject to a long‑standing 40‑year certification violation per listing remarks
More about this property
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