1 NE 78th St, Miami, FL 33138

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Income/MultiFamily

$2,600,000 Built: 1971

N/A N/A N/A

Type of PropertyIncome/MultiFamily

Style of PropertyCommercial/Residential Income,Residential-Multi-Family

Property Ft²6,395

Living Ft²

Price per Ft²N/A

PetsN/A

WaterfrontN/A

PoolN/A

FurnitureN/A

Property description of Income/MultiFamily

13-unit multifamily asset strategically located in the heart of little river, one of miami’s fastest-evolving urban neighborhoods. Positioned on a prominent corner lot with frontage along ne 78th street, the property benefits from strong visibility, walkability, and quick connectivity to the design district, wynwood, and downtown miami, as well as major transit corridors. Built in 1971, the two-story building totals approximately 7,496 sf of living area on a 13,063 sf lot and is currently operating with stable in-place income. Offered at $2,600,000, the property generates an in- place noi of approximately $191,000, equating to a 7. 35% cap rate, with modest upside through rent growth and operational efficiencies. A key value driver is the t6-8-o zoning, which supports high-density mixed- use redevelopment of up to eight stories, positioning the asset for future

Exterior Features

No information about Exterior Features.

Interior Features

No information about Interior Features.

Amenities

No information about Amenities.

Equipment/Appliances

No information about Equipment/Appliances.

Property Features

Name

MLSA12011267

ForeclosureN/A

Short SaleN/A

Parking

Parking Restrictions

Parking Spaces

Lot Ft²13,063

Approx. Lot Size

Boat Dock

Last Update74 days

Pet Restrictions

Floor Number

Cooling Description

Heating Description

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Construction

Flooring Type

Maintenance Fees

TaxesN/A

Property contact form

Gladys Martinez PA305-321-7889gmrealtor7@gmail.com

City

Miami

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Condo

Little River Gardens

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MLS Data Source: Miami Association of REALTORS. Copyright SEFMLS © 2026
Listing is a courtesy of Fausto Commercial Realty Consultants Inc. Office (cfm@faustocommercial.com, 786-748-7373). Agent (vr@faustocommercial.com, 305-510-6627).
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

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Name	Address	Type	# of Students	Grades	Distance
Bola Childcare Learning Center	70 NE 80TH TER	private	2	2 - 3	0.13 mi
St Marys Cathedral School	7485 NW 2ND AVE	private	422	PK - 8	0.33 mi
Jesse J. Mccrary Jr. Elementary School	514 NW 77TH ST	public	376	PK - 5	0.55 mi
Tangerine Learning Center Llc	7699 BISCAYNE BLVD	private	21	PK - 5	0.77 mi
Dr. Marvin Dunn Academy For Community Education.	8950 NW 2ND AVE	public	62	9 - 12	0.78 mi
Horace Mann Middle School	8950 NW 2ND AVE	public	528	6 - 8	0.78 mi
American Worldwide Academy	8101 BISCAYNE BLVD, STE 206	private	678	9 - 12	0.79 mi
Worshiper's House Of Prayer Academy	8350 NW 7TH AVE	private	90	PK - 8	0.88 mi
Edison Park K-8 Center	500 NW 67TH ST	public	437	PK - 8	0.9 mi
Morningside K-8 Academy	6620 NE 5TH AVE	public	415	PK - 8	0.9 mi
The French American School Of Miami	650 NE 88TH TER	private	83	PK - 5	1.03 mi
New Jerusalem Christian Academy	777 NW 85TH ST	private	54	PK - 5	1.05 mi
Itech@thomas A Edison Educational Center	6101 NW 2ND AVE	public	265	9 - 12	1.05 mi
Thena Crowder Early Childhood Diagnostic Special Education C	757 NW 66TH ST	public	93	PK - KG	1.12 mi
Arcola Lake Elementary School	1037 NW 81ST ST	public	521	PK - 5	1.13 mi
Miami Edison Senior High School	6161 NW 5TH CT	public	623	9 - 12	1.14 mi
Phyllis R. Miller Elementary School	840 NE 87TH ST	public	503	PK - 5	1.15 mi
Toussaint L'ouverture Elementary	120 NE 59TH ST	public	337	PK - 5	1.2 mi
Miami Northwestern Senior High	1100 NW 71ST ST	public	1429	9 - 12	1.2 mi
B. Wright Leadership Academy	6100 NW 7TH AVE	private	154	PK - 8	1.27 mi
Cushman School	592 NE 60TH ST	private	672	PK - 12	1.28 mi
Liberty Academy	7750 NW 12TH AVE	private	107	PK - 4	1.32 mi
Merry Poppins Daycare Kindergarten Inc	790 NW 60TH STREET, 6001 NW 8TH AVE	private	3	PK	1.36 mi
Archdiocese Of Miami Virtual Catholic School	9401 BISCAYNE BLVD	private	823	PK - 12	1.45 mi
Community Development Inc. Dba Mcdonalds Playworld	740 NW 58TH ST	private	70	PK - 12	1.49 mi
Shining Light Childcare Development Center	8220 NW 13TH CT	private	7	PK - 3	1.53 mi
Wynwood Learning Center Ii	5580 NW 7TH AVE	private	5	PK	1.56 mi
Miami Shores Elementary School	10351 NE 5TH AVE	public	559	PK - 5	1.75 mi
Edc Academy Of Excellence	991 NW 54TH ST	private	94	PK - 12	1.76 mi
Shadowlawn Elementary School	149 NW 49TH ST	public	129	PK - 5	1.77 mi
St Rose Of Lima School	425 NE 105TH ST	private	485	PK - 8	1.84 mi
Bright Future School Of Excellence	10401 NW 8TH AVE	private	38	1 - 8	1.88 mi
D.a. Dorsey Technical College	7100 NW 17TH AVE	public	N/A	9 - 12	1.9 mi
Orchard Villa Elementary School	5720 NW 13TH AVE	public	305	PK - 5	1.93 mi
Western General Education	1251 NW 54TH ST	private	39	9 - 12	1.98 mi
Gospel Assembly Academy Inc	1251 NW 54TH ST	private	17	PK - 8	1.98 mi
Van E. Blanton Elementary School	10327 NW 11TH AVE	public	399	PK - 5	1.99 mi
Miami Shores Montessori School	577 NE 107TH ST	private	20	PK - 3	2 mi
Liberty City Elementary School	1855 NW 71ST ST	public	269	PK - 5	2.02 mi
Holmes Elementary School	1175 NW 67TH ST	public	358	PK - 5	2.03 mi
Lillie C. Evans K-8 Center	1895 NW 75TH ST	public	334	PK - 8	2.03 mi
Miami Country Day School	601 NE 107TH ST	private	1266	PK - 12	2.09 mi
Amc Academy	5861 NW 17TH AVE	private	23	PK - 11	2.11 mi
Charles R Drew K-8 Center	1775 NW 60TH ST	public	417	PK - 8	2.17 mi
Centner Academy Llc	4136 N MIAMI AVE	private	200	PK - 8	2.19 mi
Miami Central Senior High School	1781 NW 95TH ST	public	1398	9 - 12	2.26 mi
Design & Architecture Senior High	4001 NE 2ND AVE	public	489	9 - 12	2.29 mi
Doctors Charter School Of Miami Shores	11301 NW 5TH AVE	public	596	6 - 12	2.3 mi
Miami Arts Charter	95 NW 23RD ST	public	1097	6 - 12	2.3 mi
Lenora Braynon Smith Elementary	4700 NW 12TH AVE	public	344	PK - 5	2.32 mi
Hubert O. Sibley K-8 Academy	255 NW 115TH ST	public	660	PK - 8	2.42 mi
Georgia Jones Ayers Middle School	1331 NW 46TH ST	public	543	6 - 8	2.42 mi
William H. Turner Technical Arts High School	10151 NW 19TH AVE	public	1208	9 - 12	2.45 mi
Poinciana Park Elementary School	6745 NW 23RD AVE	public	168	PK - 5	2.47 mi
Cope Center North	9950 NW 19TH AVE	public	43	6 - 12	2.53 mi
Agenoria S Paschal/olinda Elementary School	5536 NW 21ST AVE	public	287	PK - 5	2.58 mi
Hosanna Learning Center	2171 NW 56TH ST	private	55	PK - 5	2.61 mi
Dr. Henry W. Mack/west Little River K-8 Center	2450 NW 84TH ST	public	415	PK - 8	2.64 mi
Lakeview Elementary School	1290 NW 115TH ST	public	384	PK - 5	2.68 mi
Gratigny Elementary School	11905 N MIAMI AVE	public	417	PK - 5	2.68 mi
Lively Stones For Jesus School Of The Future	835 NW 119TH ST	private	4	3 - 12	2.81 mi
Jose De Diego Middle School	3100 NW 5TH AVE	public	868	6 - 8	2.86 mi
Young Men's Preparatory Academy	3001 NW 2ND AVE	public	153	6 - 12	2.87 mi
Mater International Preparatory	795 NW 32ND ST	public	185	6 - 9	2.88 mi
Phoenix Academy Of Excellence	7900 NW 27 AVE	public	21	6 - 8	2.89 mi
Stellar Leadership Academy	7900 NW 27TH AVE # F20	public	300	9 - 12	2.93 mi
Kelsey L. Pharr Elementary School	2000 NW 46TH ST	public	311	PK - 5	2.94 mi
Eneida M. Hartner Elementary School	401 NW 29TH ST	public	377	PK - 5	2.95 mi
Pace Center For Girls	1400 NW 36TH ST STE 200	public	35	6 - 12	2.96 mi
Secondary Student Success Center-804	7100 NW 17TH AVE	public	16	6 - 12	2.96 mi
Graduation Alliance	6300 NW 27TH AVENUE	public	18	8 - 12	2.98 mi
Restart Parkway	6300 NW 27TH AVE	public	N/A	3 - 5	2.98 mi
Restart 500 Role Models	6300 NW 27TH AVE	public	2	3 - 5	2.98 mi
Amazing Learning Academy	516-540 NE 124 ST	private	12	PK	2.99 mi
Henry E.s. Reeves K-8 Center	2005 NW 111TH ST	public	900	PK - 8	2.99 mi
It's A Small World Elementary School	4601-4617 NW 22ND AVE	private	137	PK - 8	3 mi
Von Wedel Montessori School	11820 NE 13TH AVE	private	44	PK - 3	3 mi