542 SW 7th St, Miami, 33130

  • $5,500,000

Listing UP for Sale

Miami

Overview

Property ID: A11391466
  • 5875
  • Lot sqft

Description

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.

  • Address 542 SW 7th St
  • City Miami
  • State/county Florida
  • Zip/Postal Code 33130
  • Area Miami-dade County
  • Country United States

Details

Updated on March 11, 2024 at 3:53 pm
  • Property ID: A11391466
  • Price: $5,500,000
  • Land Area: 5875 sqft
  • Property Status: Listing UP for Sale

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