Properties

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Address Map
FL
Miami-Dade County
Miami
33130
542 SW 7th St
542
0
W81° 47' 47.9''
N25° 46' 0.6''
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.
01-02-04-080-1060
6107
: Sw
Additional Information
Fausto Commercial Realty Consultants Inc
$7,502
1
273
: Sale
Property 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.

This listing is courtesy of Fausto Commercial Realty Consultants Inc.

More detailed information, including prior sales, lot and building square footage per the county, zoning, traffic maps, nearby businesses, and more related to the Miami-Dade county property folio associated with this commercial property listing, which in most cases would be for the listed property, is displayed below. This is not provided by the listing broker or agent, but is information obtained independently from the county for the folio number 0102040801060 entered for this listing by the listing broker / listing agent. Importantly, always verify information. This county information is not updated regularly. Thus, some of the information may have changed since it was obtained. Information herein is provided on a best efforts basis only. Do not rely on it to make an investment decision.

Miami-Dade County Information for Folio 01-2040-080-1060 (0102040801060)*
Links to Miami-Dade Lot Outline, Aerial Views, Tax Records
Property Location*
Address: 542 SW 7 St
City: Miami
State: Florida
Zip Code: 33130-3412 (Listings)
County: Miami-Dade (Listings)
  -
Building Size - English*
Living Square Feet: 12,437
Actual Square Feet: 12,437
Adjusted Square Feet: 11,361
  -
Lot Size - English*
Lot Size (sf): 5,875
Lot Size (acres): 0.13
  -
Building Size - Metric*
Living Square Meters: 1,155.43
Actual Square Meters: 1,155.43
Adjusted Sq M: 1,055.47
  -
Lot Size - Metric*
Lot Size (sq m): 546
Lot Size (ha): 0.05
  -
Zoning & Land Use*
Land Use: 0803 - Multifamily 2-9 Units : Multifamily 3 Or More Units
Zoning: 6107 - Residential-medium Retail
Municipal Zoning: T5 L (Miami)
All Listed | All Properties
  -
Prior Sale*
Type: Involving trade or exchange of land
Qual: U
Date: 11/08/2017
Amount: $555,000
  -
Prior Sale #2* (Second to Last)
Type: Qual on DOS, multi-parcel sale
Qual: Q
Date: 01/03/2017
Amount: $600,000
  -
Prior Sale #3* (3rd to Last)
Type: Qual on DOS, multi-parcel sale
Qual: Q
Date: 11/19/2012
Amount: $135,000
  -
Taxable Values*
Tax Year: 2023
Land: $440,625
Building: $1,161,832
Total: $1,602,457
Assessed: $1,602,457
County Taxable: $1,602,457
City Taxable: $1,602,457
Mill Code: 0100
  -
Ownership*
Owner 1: Dwell 521 Llc
Mailing Address: 848 Brickell Key Dr 4404
Mailing City: Miami
Mailing State: Fl
Mailing Zip: 33131
Mailing Country: USA
  -
Building Information*
Stories: 3
Units: 8
Year Built: 2022
Effective Year Built: 2022
Extra Features 1: Central A/c (aprox 400 Sqft/ton)
Extra Features 2: Sprinkler System/auto - Wet
Extra Features 3: Wall - Cbs Unreinforced
  -
Legal Description*
Legal Description Concatenated: 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 SIZE 5875 SQ FT M/L

*This Miami-Dade county folio information was recently obtained for the folio number entered on this listing by the listing broker, which usually is correct, but not always. This information is not represented as or warranted to be accurate or current. Verify this and all information about this property independently. Do not rely on it to make an investment decision.

Commercial Sale

542 SW 7th St, Miami, Florida 33130

$5,900,000
Listing ID#A11391466
QR Code
Basic Details
Property Type : Commercial Sale
Property Sub Type : Income/multifamily
Listing Type : For Sale
Listing ID : A11391466
Price : $5,900,000
Built up area : 12,437 Sqft
Status : Active
Type of Business : Commercial/residential Income, Apartments