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$6,500,000
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, & periodically serviced. some rooms have shared bathrooms, while others have en- suite bathrooms, & the building has communal spaces such as spacious living rooms and fully equipped kitchens. the location in little havana is desirable, and the property is a hedge against inflation, providing a consistent and resilient income stream for investors. the potential gross income is around $600k per year, and the property has minimal operational and maintenance expenses.Gelfand Realty Miami Properties for Sale - Income/MultiFamily for Sale
Back 542 SW 7TH ST, MIAMI, FL 33130
542 SW 7TH ST, MIAMI, FL 33130
Asking Price$6,500,000
Share by:
Income/MultiFamily - for Sale
542 SW 7TH ST, MIAMI, FL 33130Asking Price$6,500,000
- Lot size 5875sqft
- Taxes $7,502
-
Days on market:
14 day(s) Original Price:
$6,500,000Tax 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-
MLS:
A11391466 -
Property Type:
Income/MultiFamily
Special Listing Conditions:
Sale
Description
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