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5895 NW 12th Ave, Miami FL 33127

Commercial Sale

5895 12th Ave

Miami, FL 33127

ML#:A11846799
List Price:$499,000
Status:Closed
Days on Market:56
Listing Brkr:Miami Realty Solution Group
Subdivision:
Bedrooms:0
Baths:0
SqFt (Liv):
Lot Size:8953 sqft
Year Built:1982
Stories:1

General Information

Type Property:Commercial Sale
Style:Hotel/Motel
Pool:
Garage Spaces:0
Parking:

Location Information

County:Miami-Dade County
Zip:33127
Subdivision:
Latitude:25.829696
Longitude:-80.216249

Additional Features

Flooring:Ceramic Floor, Tile
Cooling:Central Building A/C
Construction:Concrete Block Construction, CBS Construction, Other
Waterfront:No

Financial Information

Annual Taxes:$8,572
Original Price:$598,000
Days on Market:56

Remarks

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.

Listing Agent

Poliana Coelho

Miami Realty Solution Group

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020

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