$598,000
For Sale

5895 NW 12th Ave

Miami, FL 33127
Browse 31 photos
Type:Purchase
Structure:Hotel
Zone:Commercial

Description

This property is a fantastic investment property! Originally a 4 bedroom, 2 bathroom house, it has been thoughtfully converted into a 6 bedroom, 3.5 bathroom and an efficiency. Locates on a bustling, high traffic commercial avenue, it enjoys excellent visibility and accessibility. The property have been used as a hostel, that generate steady income and boasts an impressive great on Hotel platforms, like Airbnb, Booking and others. With well designed rooms, functional common areas, a spa, beautiful back yard, extensive front area, this property offers strong returns for investors looking for a profitable hospitality business or not. This property is located in a transition area residential to commercial. There are many ways to use the property and area.

  • Property Details
      • Lot DescriptionCentral Business District, City Location, Near Airport, In Residential Area
      • Sewer InformationPublic Sanitation
      • CountyMiami-Dade County
      • Property SubtypeHotel/Motel
      • MLS #A11846799
      • MLS #A11846799
      • Property TypePurchase
      • Utility SourcePublic
      • Cost598000
      • Parking TypeGuest
      • Structure TypeHotel
      • Year Built1982
      • Stories1

Location

Luxe PropertiesReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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