542 SW 7th St Miami FL 33130 MLS #A11391466

542 SW 7th St
Miami, FL, 33130
$5,500,000
Beds
0 Baths
12,437 SqFt
0 Acres
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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:
$5,500,000
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
Total Sq Ft:
12,437
ZIP:
33130
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CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.

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