$9,000,000
Miami, FL 33138
MLS# A11305243
Status: Closed
24167 sqft
1 / 12
Property 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.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2022-11-18
Status: Closed
Original List Price: 9900000
Sold Price: $9,000,000
Current Price: $9,000,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 1
Postal Code: 33138
Subdivision Number: 40
Flood Zone: AE
Country: United States
Street Number: 500
Street Direction Prefix: NE
Street Name: 78th
Street Suffix: Street
State Or Province: FL
Postal Code +4: 4539
Area: 2320
Parcel Number: 0132070400220
Zoning: 3900
General Property Information
Number Of Units Total: 4
Occupant Type: Tenant
Lot Size Area: 41575
Property Sub Type: Multi Family
Building Area Main: 24167
Year Built: 1949
Lot Size Acres: 0.95
Office/Member Information
DXORIGMLSID: SEF
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2023-05-23T19:54:27Z
Major Change Type: Status Change
Status Change Date: 2023-06-07
Under Contract Date: 2023-02-13
Close Date: 2023-05-23
Close Price: 9000000
Documents Available
Aerial Photo(s): 1
Tenant Pays
Electricity: 1
Interior Electric: 1
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Heating
Window/Wall: 1
Listing Terms
Cash: 1
Road Frontage Type
City Street: 1
Water Source
Public: 1
Income and Expenses
Vacancy Allowance Rate: 5
Description of Unit Type 1
Unit Type: Efficiency
Units Total: 21
Furnished: No
Annual Rent: 1595
Description of Unit Type 2
Unit Type: 1 Bedroom
Units Total: 20
Beds Total: 1
Furnished: No
Annual Rent: 1880
Cooling
Central Building: 1
Wall/Window Unit(s): 1
Description of Unit Type 3
Unit Type: 1 Bedroom
Units Total: 1
Beds Total: 1
Furnished: No
Annual Rent: 1950
Description of Unit Type 4
Unit Type: 2 Bedroom
Units Total: 1
Beds Total: 2
Furnished: No
Annual Rent: 2200
Buyer Details
Intended Use: Investment
Buyer State: Florida
Zip Code: 33180
Concessions
Seller Concessions: No
Section Details
Parcel Number MLX: 0220
Acreage Description
1 To Less Than 2 Acre Lot: 1
Financial Information
Tax Annual Amount: 46815
Tax Legal Description: FEDERAL WAY AMD PB 25-6 LOTS 9 & 10 BLK 4 LOT SIZE 13600 SQUARE FEET
Originating Details
Originating System Key: 376229639
Originating System ID: M00000151
Property Features
Documents Available: Aerial Photo(s)
Heating: Window/Wall
Possession: Negotiable
Tenant Pays: Electricity; Interior Electric
Cooling: Central Building; Wall/Window Unit(s)
Listing Terms: Cash
Road Frontage Type: City Street
Sewer: Public Sewer
Water Source: Public
Acreage Description: 1 To Less Than 2 Acre Lot
Listing Office: Beachfront Realty Inc
Last Updated: December - 25 - 2025
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
