Issue 1 · Property Edition
A private editorial tour of 1 NE 78th Street, Miami, FL 33138.
Simon Gedz
S.G. Trust Team · Realtor since 1995
Issue 1 · Property Edition
A private editorial tour of 1 NE 78th Street, Miami, FL 33138.
Simon Gedz
S.G. Trust Team · Realtor since 1995
An interactive magazine: zoom the maps, tap a pin for details, and tap "See more" for things to do.
The residence
Listed by Fausto Commercial Realty Consultants Inc
6,395 sq ft
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.
The interiors
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.
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Built in 1971
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Parking: verify listing details
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Pool: verify listing details
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Lot size: 0.3
A closer look
A visual detail from the property's current listing gallery. Photography and availability remain subject to the current listing.
A closer look
A visual detail from the property's current listing gallery. Photography and availability remain subject to the current listing.
Life beyond the front door
Explore the character, conveniences and everyday lifestyle surrounding 1 NE 78th Street, Miami, FL 33138.
Getting around
What's nearby in Miami
128 places to eat, see and do sit within reach of ZIP 33138.
33 arts & culture · 24 dining · 16 bars & nightlife · 15 attractions · 13 kids & family
Arts & Culture: Pérez Art Museum Miami (PAMM) · Wynwood Walls & Arts District
Dining: Calle Ocho, Little Havana · Miami Design District
Bars & Nightlife: Sugar Rooftop · Area 31
Weekend favorites: Zoo Miami, Frost Museum of Science, Jungle Island.
Miami
Distinct neighborhoods, local dining and shopping, with downtown, Brickell and MiamiCentral as everyday destinations.
Approximate drive times are estimated from straight-line distance, not a routed or live-traffic journey. Actual driving distance and timing vary with traffic, bridges and routing.
01
MiamiCentral / Brightline Miami
4.6 mi straight-line · approximately 9 min drive
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Downtown Miami / Bayfront Park
5.0 mi straight-line · approximately 9 min drive
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Miami Beach (Mid-Beach)
5.0 mi straight-line · approximately 9 min drive
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Lincoln Road, Miami Beach
5.3 mi straight-line · approximately 10 min drive
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Bal Harbour Shops
5.3 mi straight-line · approximately 10 min drive
06
Miami Intl Airport (MIA)
6.6 mi straight-line · approximately 12 min drive
Education
Loading school map…
Age-based school levels are approximate. Confirm grade placement and attendance boundaries with the district. Nearby options are not assigned schools. Faith labels are based on school names; confirm affiliation, grades and admissions directly with the school. Sign in and add your children to see each child matched to their own school.
A day in the life
You start your morning at 1 NE 78th Street in Miami, a 6,395-square-foot, 13-unit multifamily asset built in 1971. Positioned on a prominent corner lot with frontage along NE 78th Street, the property sits in the heart of Little River, greeting the day with walkability and strong street visibility.
Weekday travel is swift and direct. A drive of about nine minutes takes you to MiamiCentral and Brightline Miami, Downtown Miami and Bayfront Park, or Mid-Beach in Miami Beach. Lincoln Road on Miami Beach is equally accessible, situated about a ten-minute drive away.
Dinner plans offer distinct flavors across town. Pick up Cuban coffee, croquetas, and cigar rollers along Calle Ocho in Little Havana, or reserve a table at the chef-driven rooms and courtyard cafés of the Miami Design District. In Wynwood, KYU serves wood-fired Asian-inspired sharing plates in an industrial warehouse setting.
Immerse yourself in world-class art and historic architecture. Tour contemporary galleries, hanging gardens, and the bayfront terrace restaurant at Pérez Art Museum Miami (PAMM). Explore the street-art courtyards, breweries, and galleries of Wynwood Walls & Arts District, or step back in time at Vizcaya Museum & Gardens, a 1916 bayfront villa with formal Italian gardens.
For fresh air, head to Virginia Key Beach North Point Park for nature trails, calm swimming, and a mini-train. You can jog the paved path, fish, or explore lakeside trails at Tropical Park, or visit Black Point Marina on Biscayne Bay to enjoy its fishing pier, boat ramp, and waterfront restaurant.
Weekends invite varied destinations. Shop Brickell City Centre, Bayside Marketplace, and the Miami Design District, or spend the day at Zoo Miami, Jungle Island, and the Frost Museum of Science. For family recreation with your children, visit the pretend supermarket and cruise ship at Miami Children's Museum, try the foam pits at Sky Zone Trampoline Park, or enjoy bowling lanes and arcade games at Lucky Strike Bowling.
Simon Gedz, helping clients navigate South Florida real estate since 1995, invites you to discover this Little River property in person. Connect with Simon Gedz today to schedule your private tour.
Explore this issue · This magazine is interactive: zoom the maps in and out, tap a pin for its name and walking time, and use "See more" to open every activity near this home's ZIP code.
Plan beyond the price
True monthly cost
25% down · 30 years · 6.85%
Planning estimate, not a lender or insurance quote. Taxes are modeled after sale. Roof age, wind mitigation, flood zone, reserves and assessments can materially change the total.
01
Confirm taxes after sale with the county
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Bind insurance during the inspection period
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Review association reserves and assessments
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Use lender and insurance quotes before relying on any estimate
Pet-friendly, actually checked
Finding nearby dog parks…
Your path to owning it · Part 1
Simon Gedz has guided South Florida buyers since 1995. Here's how he'll walk you from the first showing to an accepted offer — call him at any step for advice.
01
Get pre-approved
Simon connects you with a trusted lender so your offer is taken seriously.
02
Tour the home
See it with Simon — he points out what photos never show.
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Ask Simon for a CMA
A comparative market analysis of recent sales tells you what it's really worth.
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Plan your offer
Simon recommends price, terms and contingencies based on the CMA.
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Negotiate
Counteroffers handled by Simon until terms are agreed and signed.
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Hire a real estate attorney
Simon recommends one to review the contract and protect you through closing.
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Escrow deposit
Wired to the title company or attorney, usually within 3 days.
08
Order title & survey
Title search for liens; a survey confirms lot lines and improvements.
Your path to owning it · Part 2
Simon coordinates the inspectors, lender, attorney and title company, and tells you exactly what comes next at each stage.
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Home inspection
Licensed inspector checks roof, AC, plumbing, electrical and structure.
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Insurance inspections
4-point and wind-mitigation reports to lower premiums.
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Repairs or credits
Simon negotiates fixes or a credit from the inspection findings.
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Insurance quotes
Bind home, wind and flood coverage early — Simon shares local agents.
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Appraisal
Your lender confirms the value supports the price.
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Clear to close
Loan underwriting is finished; closing date and figures confirmed.
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Final walkthrough
Walk it with Simon to confirm condition and agreed repairs.
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Closing day
Sign, fund, record the deed — and get the keys.
For a private showing or a property-specific strategy conversation about 1 NE 78th Street, Miami, FL 33138, contact Simon Gedz at 954.562.1798.
Listing facts, availability, schools, boating information and ownership estimates can change and should be independently verified.
Log in or create an account — and this magazine turns personal
The magazine is built for everyone; a free account rewrites its school, faith and boating pages for your family.
School pages matched to your children
Each child gets their own school matches — level, type, faith and real distance — instead of a generic nearby list.
Faith pages with real walking routes
Your faith's places, with the actual walking distance drawn on the magazine map — not a straight-line radius.
Boating guidance sized to your boat
Dock fit, water depth, bridges and the run to the ocean, checked against the boat you saved.
A private family copy
Your children's names appear in your signed-in edition; shared links stay public and unpersonalized.
Log in or create your free account — then this edition's school, faith and boating pages rewrite themselves for your family.
Simon Gedz · S.G. Trust Team · Realtor since 1995
Listed by Fausto Commercial Realty Consultants Inc
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Simon Gedz | S.G. Trust Team