$499,000
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8,712 Sqft Lot
SOLD DATE : 10/31/2025
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Model Estates Sub No 3
MLS Listing ID A11736457
Sold Date 10/31/25
HOA Y/N No
Annual Tax Amount $8,572
Tax Year 2024
Contingent Other
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 98x91
Property Sub-Type Commercial
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!
Location
State FL
County Miami-dade
Community Model Estates Sub No 3
Area 31
Exterior
Utilities Available Electricity Available, Natural Gas Available, Other, Sewer Available, Trash Collection, Water Available
Private Pool Yes
Building
Lot Description <1 Acre
Sewer Public Sewer
Water Public
Others
Tax ID 01-31-14-064-0020
Financing Conventional
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Bought with Real Estate Empire Group, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "