5895 NW 12th Ave
Miami, FL 33127
- – beds
- – baths
- – sqft
- 8,953 sqft lot
- – on site
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!
Last checked:
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Last updated Feb 5, 2025
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MLS# A11736457 —
The Property
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Parcel Number:01 31 14 064 0020
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Property Type:Land
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Property Subtype:Commercial
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Property Subtype Additional:Commercial
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Zoning Description:4801
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Lot Features:LessThanOneAcre
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Lot Size Area:8953.0
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Lot Size Acres:0.2
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Lot Size SqFt:8,953 Sqft
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Lot Size Dimensions:98x91
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Lot Size Units:SquareFeet
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Waterfront:false
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Road Responsibility:PublicMaintainedRoad
Listing Agent
- Contact info:
- Agent phone:
- (305) 984-2854
- Office phone:
- (786) 361-7289
Taxes
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Tax Year:2024
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Tax Annual Amount:$8,572
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Tax Legal Description:MODEL ESTATES SUB NO 3 PB 116-50 LOT 2 BLK 1 LOT SIZE 91.36 X 97.52 OR 11388-1575 0382 1
The Listing
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Virtual Tour Unbranded:
Utilities
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Utilities:ElectricityAvailable, NaturalGasAvailable, Other, SewerAvailable, TrashCollection, WaterAvailable
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Sewer:PublicSewer
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Water Source:Public
The Community
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Subdivision Name:Model Estates Sub No 3
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/4/25
Feb 4, 2025
|
Listed / Active | MLSM | $650,000 | 78.1% (23.0% / YR) |
|
9/15/21
Sep 15, 2021
|
MLSM | $365,000 | -3.9% | |
|
7/12/21
Jul 12, 2021
|
MLSM | $380,000 |
