Property Description
This business is a fantastic opportunity!
6 bedroom and 3.5 bathroom hostel, and an efficiency rented for $1200 monthly maximizing its space and income potential.
Located on a bustling high traffic commercial avenue, it enjoys excellent visibility and accessibility, ideal for attracting guests.
The hostel is already generating steady income and boasts an impressive 8.2 rating on Booking, reflecting its popularity and guest satisfaction. With well designed rooms, functional common areas, and a prime location, this property offers strong returns for investors looking for a profitable hospitality business.
Don’t miss our on this high performing income property!
Address: 5895 NW 12th Ave, Miami FL 33127
City: Miami
Area: MODEL ESTATES SUB NO 3
State/County: Miami-Dade County
Zip: 33127
Property Id: 2836829
Price: $ 650,000
Property Size: 0 ft2
Property Lot Size: 0 ft2
Rooms: 0
Bedrooms: 0
Bathrooms: 0
BridgeModificationTimestamp: 2025-02-05T17:00:19.689Z
BuildingAreaUnits: Square Feet
BuildingName: MODEL ESTATES SUB NO 3
ContractStatusChangeDate: 2025-02-03
CurrentUse: Unimproved Business/Commercial,Unimproved Hotel/Motel,Income (Recreational)
DaysOnMarket: 2
FrontageLength: 98
GrossScheduledIncome: 125860
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
InternetAutomatedValuationDisplayYN: 1
InternetConsumerCommentYN: 1
InternetEntireListingDisplayYN: 1
ListAOR: A-Miami Association of REALTORS
ListAgentDirectPhone: 305-984-2854
ListAgentEmail: [email protected]
ListAgentFullName: Poliana Coelho
ListAgentKey: 67de77c05b5ca4a75cefa65a9ab79865
ListAgentMlsId: 3411972
ListAgentOfficePhone: 786-361-7289
ListAgentStateLicense: 3411972
ListOfficeFax: 305-328-7220
ListOfficeKey: ed3e81045dedd868a7272bc24f46e40b
ListOfficeMlsId: FWRL01
ListOfficeName: Miami Realty Solution Group
ListOfficePhone: 786-361-7289
ListingAgreement: Exclusive Agency
ListingContractDate: 2025-02-03
ListingId: A11736457
ListingKeyNumeric: 406533315
LivingAreaUnits: Square Feet
LotFeatures: Central Business District,City Location,Urban Area Development,Less Than 1 Acre
LotSizeDimensions: 98x91
LotSizeSquareFeet: 8953
LotSizeUnits: Square Feet
MIAMIRE_LPAmtSqFt: 72.6014
