1 NE 78th Street, Miami, FL 33138

$2,600,000 · $407 per sq ft · Multifamily for sale

  • Property type: Multi Family
  • Asking price: $2,600,000
  • Price per sq ft: $407
  • Building size: 6,395 sq ft
  • Lot size: 13,068 sq ft
  • Zoning: 6100
  • Year built: 1971
  • Parcel ID: 0131120140150
  • MLS#: A12011267
Photo 1 at 1 NE 78th Street, MiamiPhoto 2 at 1 NE 78th Street, MiamiPhoto 3 at 1 NE 78th Street, MiamiPhoto 4 at 1 NE 78th Street, MiamiPhoto 5 at 1 NE 78th Street, MiamiPhoto 6 at 1 NE 78th Street, MiamiPhoto 7 at 1 NE 78th Street, MiamiPhoto 8 at 1 NE 78th Street, Miami

About this property

13-unit multifamily asset strategicallylocated in the heart of Little River, one ofMiami’s fastest-evolving urbanneighborhoods. Positioned on a prominentcorner lot with frontage along NE 78thStreet, the property benefits from strongvisibility, walkability, and quick connectivityto the Design District, Wynwood, andDowntown Miami, as well as major transitcorridors. Built in 1971, the two-story buildingtotals approximately 7,496 SF of living areaon a 13,063 SF lot and is currently operatingwith 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 modestupside through rent growth and operationalefficiencies. A key value driver is the T6-8-Ozoning, which supports high-density mixed-use redevelopment of up to eight stories,positioning the asset for futureredevelopment, assemblage, or land-banking as Little River continues itstransformation.

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Fausto Commercial Realty Consultants Inc · cfm@faustocommercial.com · Listing agent: Vicente Javier Rodriguez

BeachesMLS logo All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 1 NE 78th Street or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Questions About 1 NE 78th Street

How much is 1 NE 78th Street?
1 NE 78th Street is listed at $2,600,000, about $407 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
What is 1 NE 78th Street zoned?
The listing reports zoning of 6100. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
How big is 1 NE 78th Street?
The listing reports 6,395 square feet of building.
When was 1 NE 78th Street built?
1 NE 78th Street was built in 1971. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
How do I tour 1 NE 78th Street?
Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

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