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Commercial - MODEL ESTATES SUB NO 3 for Sale

5895 NW 12TH AVE, MIAMI, FL 33127

Asking Price$650,000

  • Days on market:

    2 day(s)
  • Original Price:

    $650,000
  • 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
  • Tax Year:

    2024
  • Property Type:

    Commercial
  • Waterfrontage (sqft):

    98
  • Lot Features:

    Central Business District City Location Urban Area Development Less Than 1 Acre

Description

$650,000

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!

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