2737 NW 13th Ave - Specialty FOR SALE


Miami, FL 33142- Allapattah
$649,000 USD
239-430-3995
2737 NW 13th Ave, Miami, FL for Sale
$649,000 USD
Specialty - FOR SALE
1/26
null | 13.51% Cap Rate

2737 NW 13th Ave
Miami, FL 33142
Allapattah


HIGHLIGHTS

  • PREMIER SHORT-TERM RENTAL OPPORTUNITY – SUMMER GARDENS HOSTEL - EXCEPTIONAL INCOME POTENTIAL!

OVERVIEW

Turnkey Income-Producing Property in Miami’s Allapattah Neighborhood. Ideal for investors or business owners, this property is located in Miami’s vibrant Allapattah neighborhood and offers significant potential. Zoned T3-O (Open) under PA Zone 5700, it allows single-family residential use with live-work flexibility and the potential for commercial conversion (subject to city approval). The property is just minutes from downtown Miami, with easy access to Metrobus, free trolley, and the Allapattah Metrorail station. It’s also close to nightlife, dining, healthcare, and beaches. This property features 2 private rooms which contain bunk beds, one queen and twin mattress in each room, and another private room with a twin bed. Additionally, there are 4 shared bedrooms with a total of 9 bunk beds, providing a total of 23 beds—perfect for maximizing rental income. The property includes 3 full bathrooms, 2 separate showers, 3 vanities, and 2 water closets, offering ample amenities for residents or guests. With a strong 13.5% ROI, this is a high-yield investment opportunity in a rapidly growing market. Don’t miss out on the potential for both residential and commercial success in a prime location. Situated in the heart of Miami, this property offers travelers the chance to immerse themselves in the city’s vibrant lifestyle. Guests will love the charming café-style dining area and a serene outdoor garden, complete with a tranquil fountain and relaxing hot tub—perfect for unwinding or entertaining. Modern conveniences abound, including high-speed Wi-Fi and strategically placed security cameras for peace of mind. The property has been fully updated, providing a fresh, clean, and stylish environment that guarantees a five-star experience for every guest. Location is everything! Nestled near Wynwood, South Beach, and Miami’s most iconic attractions, this property is a magnet for travelers eager to explore the city. Schedule a tour today and see firsthand why this property is a standout investment opportunity. Don’t miss your chance to own a slice of Miami paradise!

FOR SALE DETAILS

PRICE

$649,000 USD

PRICE/SF

$480 USD /SF

CAP RATE

13.51%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Summer Gardens

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1928

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,960 SF

ZONING

5700

APN/PARCEL ID

01-3126-039-2130

ASK ABOUT THIS PROPERTY

Beverly Della GiustinaPremiere Plus RealtyMore Info
239-430-3995

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Beverly Della GiustinaPremiere Plus RealtyMore Info
239-430-3995

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.