This is a new 33-bedroom co-living building in Little Havana designed to provide affordable, convenient, and move-in ready housing for middle-income renters aged 25-35 with incomes between $45k-$150k. Each private room comes with a unique digital lock for security, fully furnished, all utilities-included, professionally cleaned, and periodically serviced. Some rooms have shared bathrooms, while others have en-suite bathrooms, and the building has communal spaces such as spacious living rooms and fully equipped kitchens. Sellers have the option to sign a 5 year master lease with Common/Habyt, a multi-million dollar company and the world’s largest operator of co-living properties which comes with a corporate guarantee of an NOI of $282,673 and them assuming all maintenance costs.
Property Details
Price:
$5,900,000
MLS #:
A11391466
Status:
Active
Beds:
0
Baths:
0
Address:
542 SW 7th St
Type:
Commercial
Subtype:
Income/MultiFamily
City:
Miami
Listed Date:
May 9, 2023
State:
FL
Finished Sq Ft:
12,437
ZIP:
33130
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Schools
Interior
Exterior
Financial
Buyer Agent Compensation
2.0%%
Taxes
$7,502
Map
Community
- Address542 SW 7th St Miami FL
- CityMiami
- CountyMiami-Dade County
- Zip Code33130
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Courtesy of Fausto Commercial Realty Consultants Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Miami, FL. Detailed information about real estate listings held by brokerage firms other than Century 21 Carioti include the name of the listing broker. Neither the listing company nor Century 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Miami, FL. All rights reserved.
542 SW 7th St
Miami, FL
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