Price Reduced 9.23%
Price History
$6,500,000
5/9/2023
$5,900,000
2/7/2024
542 SW 7th St, Miami, FL, 33130
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.
Status:
Active
Type:
Commercial
Zoning:
6107
Est. Taxes:
$7,502
Days on Market:
273
MLS #:
A11391466
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Listing courtesy of Fausto Commercial Realty Consultants Inc Phone: 305-431-2258