542 SW 7th St

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. 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. 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. The property is a unique investment opportunity that provides an appealing alternative for renters seeking affordability without sacrificing quality or location. Given the potential net income this property has minimal operational and maintenance expenses making it a perfect turn-key investment opportunity.