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Property 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 Map
FL
Miami-Dade County
Miami
33130
542 SW 7th St
W81° 47' 47.9''
N25° 46' 0.6''
MLS Addon
1
Sale
$7,502
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6107
0
22/05/2023 16:43:00

542 SW 7th St, Miami, Florida 33130

$5,900,000
5,875 size sq.ft.
Listing ID #A11391466
Basic Details
Property Type Commercial Sale
Listing Type For Sale
Listing ID A11391466
Price $5,900,000
Days on Market 273
Building Area 12,437 Sqft
Status Active
Property SubType Income/multifamily
Lot Area 5,875 Sqft
List Date 2023-05-23
On Market Date 09/05/2023
Elena Beck
MiamiInvestrealty
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