tomo logo

$650,000

Beds
6
Baths
3.5
sq ft
1,393

5895 NW 12th Ave, Miami, FL 33127

5895 NW 12th Ave

Miami, FL 33127

  • 11 days on market
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.

Details

Property type

Single Family Residence

Est. home value

$487,580

Lot size

8,953 sq ft

Price per sq ft

$467

Year built

1982

Annual property taxes

$8,572

Price History

02/07/2025
SEF

SEF #A11740998

Listed
$650,000
+78.08%
09/15/2021
SEF

SEF #A11061289

Sold
$365,000
+52.08%
11/19/2019
SEF

SEF #A10751222

Sold
$240,000

Schools & Community

Neighborhood: 

Liberty City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

United Wholesale Mortgage

Loan start date

August 2021

Original loan amount

$283,500

Est. remaining balance

$262,197

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Luciano Andre Candido Simoes

Lender

United Wholesale Mortgage

Loan start date

August 2021

Original loan amount

$283,500

Est. remaining balance

$262,197

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Luciano Andre Candido Simoes

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/22/2025 at 2:40 PM

Listing updated: 02/10/2025 at 8:05 PM

Listed by: Poliana Coelho, Miami Realty Solution Group Phone #: (786) 361-7289

MLS: SEF #A11740998

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