$480,000
Sold · October 31, 2025
5895 NW 12th Avenue
MODEL ESTATES SUB NO 3
Explore the area: Miami homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $480,000
- Vs. list price
- 3.8% under
- Days on market
- 227
- Price per sq ft
- N/A
This lot in ZIP 33127 sold for $480,000 on October 31, 2025. That was 3.8% below its final list price of $499,000. It first came on the market at $650,000, so the price was adjusted before it sold. It spent 227 days on the market.
Listing Snapshot
- Sold Price
- $480,000
- Sold On
- October 31, 2025
- Days on Site
- 227 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 0.2 Acres
- Property Type
- Land
- MLS #
- A11736457
- Property Tax
- $8,572 (2024)
- Subdivision
- MODEL ESTATES SUB NO 3
- County
- Miami Dade
- Status
- Sold
About This Property
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!
MLS media linkGeneral Features
- Property Type
- Land
- Status
- Sold
- Lot Size (Acres)
- 0.2
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 4801
Exterior Features
- Lot Features
- Central Business District / City Lot
Community & HOA
- Utilities
- Electricity Available / Natural Gas Available / Other / Sewer Available / Trash Collection / Water Available
- Restrictions
- City Restrictions
- MLS Area
- 2310
About the Area
Browse Miami homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Miami includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Miami listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 9,370
- Under Contract
- 1,779
- Median List Price
- $645,000
- Median Sale Price (September)
- $592,500
- Median $/Sq Ft
- $509
- Avg Days on Market
- 144
Frequently Asked Questions
- How do I schedule a tour of 5895 NW 12th Avenue, Miami, FL 33127?
- Use the Tour button on this listing to request a showing of 5895 NW 12th Avenue, Miami, FL 33127. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 5895 NW 12th Avenue, Miami, FL 33127 still available?
- 5895 NW 12th Avenue, Miami, FL 33127 is currently listed as Sold, and has been on the market 227 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 5895 NW 12th Avenue, Miami, FL 33127?
- With 20% down ($99,800) on the $499,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5895 NW 12th Avenue, Miami, FL 33127 is about $2,622/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 5895 NW 12th Avenue, Miami, FL 33127?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5895 NW 12th Avenue, Miami, FL 33127. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 5895 NW 12th Avenue, Miami, FL 33127?
- Often, yes. The right offer on 5895 NW 12th Avenue, Miami, FL 33127 depends on how it's priced against comparable land sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Miami Realty Solution Group
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$480,000
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Listed by Poliana Coelho, Miami Realty Solution Group
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Recent Sales
Recently sold homes in ZIP 33127
These are the last 6 recorded closings in ZIP 33127, with the price each home actually sold for rather than what it was listed at. They closed at a median of $533 per square foot. The most recent closed on October 13, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$910,000
Sold · October 13, 2026
545 NW 47th Street
3 bed · 3 bath
$39,000 under the asking price
Sold$415,000
Sold · October 9, 2026
5820 NW 3 Avenue
3 bed · 2.5 bath · 1,000 sqft · $415/sqft
$20,000 under the asking price
Sold$575,000
Sold · October 2, 2026
347 NW 42nd Street
4 bed · 1 bath · 1,038 sqft · $554/sqft
$14,700 under the asking price
Sold$580,000
Sold · October 2, 2026
750-752 NW 52nd Street
0 bed · 0 bath · 1,343 sqft · $432/sqft
$94,900 under the asking price
Sold$760,000
Sold · September 30, 2026
231 NW 44th Street
5 bed · 3 bath · 1,426 sqft · $533/sqft
$72,000 under the asking price
Sold$3,000,000
Sold · September 30, 2026
2428 NW 7th Avenue
0 bed · 0 bath
$500,000 under the asking price
See every recorded sale in ZIP 33127 or find out what your ZIP 33127 home is worth.
