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Tools
Size
5,875 Sq Ft.
interior
Financial
$5,500,000
Change Currency
$936
Price Per Sqft
$7,502
Annual taxes
Listing Details
Multi Family
Property type
7527778
Web Id
2742997-A11391466
MLS ID
509
Days Posted
Description
542 SW 7th St,
Miami,
FL
33130
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 worlds largest operator of co-living properties which comes with a corporate guarantee of an NOI of $282,673 and them assuming all maintenance costs.
Price History
date | price | variance | type |
---|---|---|---|
7/19/2024 | $5,500,000 | 6.78 % | decreased |
2/7/2024 | $5,900,000 | 9.23 % | decreased |
5/9/2023 | $6,500,000 | - | Listed |
Listing By: Fausto Commercial Realty Consultants Inc via Data Source: MIAMI MLS
listing agent: Mauricio Villasuso