Multifamily For Sale
542 Sw 7th St, Miami, FL 33130

$5,500,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11391466
  • Virtual Tour: YES
  • List Price: $5,500,000
  • Taxes:$7,502
  • Listing Date:May 22, 2023
  • Days On Market:551

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.

Features


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Location


Price History


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker