Basics
- Lot Size Units: Square Feet
- Category: Commercial Sale
- Type: Multi Family
- Status: Active
- Bathrooms: 0
- MLS ID: A11391466
Description
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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 worldâs 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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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
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
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
Miscellaneous
- Virtual Tour URL: https://www.propertypanorama.com/instaview/mia/A11391466
Ask our real estate expert about this property
This Multi Family-type commercial real estate is located in 7th St, Miami, was built in , and is listed at $5,900,000.