Address542 Sw 7Th St, Miami, FL, 33130-3412
Price$5,900,000
- Commercial Sale
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.
Essential Information
- MLS® #A11391466
- Price$5,900,000
- Bathrooms0.00
- Acres0.00
- TypeCommercial Sale
- Sub-TypeMulti Family
- StatusActive
Community Information
- Address542 Sw 7Th St
- Area41
- CityMiami
- CountyMiami-Dade County
- StateFL
- Zip Code33130-3412
Additional Information
- Date ListedMay 22nd, 2023
- Days on Website348
Listing Details
Office
Fausto Commercial Realty Consultants Inc
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