Atlantic Luxury Advisors
1017 42nd Pl photo 1

1017 42nd Pl

Homestead, FL 33033

$249,000
2
2
1,046 sq ft
2006
Townhouse
$157/mo
0
Active

Listing courtesy of Florida Realty of Miami Corp (Beatriz Alvarez Coronado). Contact: [email protected].

About this home

Short Sale Opportunity! Welcome to this beautifully maintained one-story corner townhome located in the desirable gated community of Marbella Bay at Waterstone in Homestead. This bright and spacious 2-bedroom, 2-bathroom home features a desirable split-bedroom floor plan, abundant natural light, tile flooring throughout, stainless steel appliances, a large washer and dryer, and hurricane accordion shutters for added peace of mind. Enjoy a private fenced backyard with no rear neighbors, offering additional privacy and a relaxing outdoor space. The corner location provides enhanced curb appeal and extra green space. The property includes two assigned parking spaces and is conveniently located near multiple Florida Turnpike entrances, shopping centers, restaurants, parks, and top-rated charter schools. Residents enjoy access to Waterstone's amenities, including a community pool, fitness center, playgrounds, walking paths, and beautifully maintained common areas. Property is being sold as a Short Sale. Sale, Subject to lender approval. Don't miss this opportunity to own a home in one of Homestead's most sought-after gated communities.

What it costs to own
Estimated monthly payment
$1,894/mo
Principal and interest
$1,259
Property tax
$320
Homeowners insurance
$158
HOA
$157

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$3,845/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$157/mo (from the listing)
FEMA flood zone
Zone AH, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.