542 SW 7th St

Miami, FL 33130

$6,500,000

542 SW 7th St

Miami, FL 33130

$6,500,000

  • Property TypeMulti-Family
  • Sq Ft12,437
  • NeighbourhoodLittle Havana
  • MLS #A11391466

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.

Interior

  • General Lobby, Cooking Island, Walk- In Closet(s)
  • Appliances Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Flooring Tile
  • A/Ctrue, Other
  • Heatingfalse, None

Exterior

  • General Other, West Of Us1
  • Style Corner Unit, High Rise
  • Parking1 Space, Assigned, Covered

Construction

  • Windows Hurricane Shutters

Location

  • HOAYes
  • HOA Amenities Community Room, Elevator(s), Exercise Room, Other, Pool, Trash Chute, $955 Monthly
  • Originating MLS Miami Association of R E A L T O R Su00ae
  • County Miami- Dade County

Lot

  • Zoning6107, C I T Y O F M I A M I S O U T H P B B-41 N85 F T L O T 6 B L K 48 & S65 F T O F L O T 6 B L K 48 L E S S S43.87 F T O F W27.50 F T & S21.10 F T O F E22.50 F T O F L O T 6 B L K 48 L O T, 01-02-04-080-1060
  • View Other View, Pool Area View

Financial

  • Source Miami Association of R E A L T O R Su00ae, Miami Association of R E A L T O R Su00ae

Schools

  • DistrictDade County School District

Location

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