Commercial Real Estate

Zebur

305.6000958

542 SW 7th St Miami FL 33130

7th St, Miami,
    $5,900,000.00
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    Location Details

    • County Or Parish: Miami-Dade County
    • Directions: All leases are long-term, and the bedrooms function as studios, yielding higher rents per square foot for investors while spreading risk across a broader spectrum of tenants.
    • Zoning Description: 6107

    Property details

    • Total Building Area: 12437
    • Lot Size Square Feet: 5875
    • Parcel Number: 01-02-04-080-1060
    • Lot Size Area: 5875
    • Structure Type: Apartment

    Property Features

    • Covered Spaces: 0

    Fees & Taxes

    • Tax Annual Amount: 7502
    • Tax Legal Description: CITY OF MIAMI SOUTH PB B-41 N85FT LOT 6 BLK 48 & S65FT OF LOT 6 BLK 48 LESS S43.87FT OF W27.50FT & S21.10FT OF E22.50FT OF LOT 6 BLK 48 LOT

    Basics

    Miscellaneous

    • Syndication Remarks: Visit Fausto Commercial for more opportunities.

    Description

    • 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.

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    This -type commercial real estate is located in , was built in , is listed at $5,900,000.00, and has a area.

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