Riverfront Hotel Development
For Sale
Contact for pricing
Pending
498 NE 78th St, Miami, FL 33138
River hotel offering includes two buildings with 19 studio units on a waterfront lot.
Property SizeContact for details
Lot Size0.45 Acres
Days on Market149
Property Features for 498 NE 78th St
General Information
Standard status
Pending
Lot size
0.45 Acres
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Amenities
secured parking
waterfront
Building Details
Construction
garden style
Listing Agency:
Fausto Commercial Realty Consultants
Listed By:
Carlos Miranda · License #FL
(305) 431-2258
Source:
Crexi
Added: Apr 11
Changed: Aug 25
Last Checked: Sep 4 at 7:41AM
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 Fausto Commercial Realty Consultants
Investment Insights
Based on property information with market context.
The River Hotel offering includes two garden-style buildings with an existing hotel license and a total of 19 studio units. The property was built in 1939/1945 and is situated on a waterfront lot. One of the two buildings has updated electric and a new roof.
The site is located in Miami’s Upper Eastside neighborhood on a secluded waterfront street, about one block south of NE 79th Street and one block west of Biscayne Boulevard (US-1). Parking is secured and located right in front of the hotel.
The buildings are configured as 19 studio units with approximately 500 SF each, providing a straightforward hospitality layout for continued operation or redevelopment planning.
The site is located in Miami’s Upper Eastside neighborhood on a secluded waterfront street, about one block south of NE 79th Street and one block west of Biscayne Boulevard (US-1). Parking is secured and located right in front of the hotel.
The buildings are configured as 19 studio units with approximately 500 SF each, providing a straightforward hospitality layout for continued operation or redevelopment planning.
Key Highlights
- River hotel offering on a .45‑acre waterfront lot with 2 buildings and 19 studio units
- Total of 19 studio units at approximately 500 SF each
- Hotel was built in 1939/1945
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,778
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - River hotel offering includes two buildings with 19 studio units on a waterfront lot.
Where is this hotel located?
The property is located at 498 NE 78th St Miami, FL.
What are key features of this property?
This property features: River hotel offering on a .45‑acre waterfront lot with 2 buildings and 19 studio units; Total of 19 studio units at approximately 500 SF each; Hotel was built in 1939/1945
