Active
542 SW 7th St
Miami FL, 33130
$5,500,000
$442.23 per sqft
Active
12,437 sqft
Commercial
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.
A11391466
MLSⓇ ID
May 9, 2023
Listed
September 13, 2024
Updated
Map
542 SW 7th St
Miami FL, 33130
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.13 Acres
Other Property Details
Taxes
$7,502
Tax Frequency
Annually
Days on Market
436
Garage
No
View
No
County
Miami-Dade County
Pool
No
Zoning
6107
Listing History
Date | Event | Price |
|---|---|---|
7/18/2024 | Price change | $5,500,000 -7% |
2/7/2024 | Price change | $5,900,000 -10% |
2/6/2024 | Price change | $5,900,000 -10% |
Listed by: Fausto Commercial Realty Consultants Inc
Listing Contact: 305-340-8901
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated 4:51 AM UTC, 9/13/2024.