This exceptional multifamily Airbnb and hostel is a rare gem located in the heart of Miami’s sought-after Design District and Wynwood, just a 10-minute walk from these top tourist attractions. The property features 10 rooms with a total of 40 beds, making it an ideal setup for both short-term Airbnb stays and hostel accommodations. The business has been successfully operating for over a year. It has a boutique kitchen, fully equipped shared kitchens and a spacious backyard. It has been listed on different platforms. This business is turnkey-ready, allowing you to start generating revenue immediately after takeover. A long-term lease agreement (5 or 10 years will be signed directly with the landlord.
509 NW 41st St, Miami, FL, 33127
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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