Atlantic Luxury Advisors
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14 photos

7151 42nd St

Miami, FL 33155

$800,000
4
3
1,292 sq ft
5,830 sq ft
1951
4 car
Single Family Residence
28
Active

Listing courtesy of Canvas Real Estate (Heriberto Rios). Contact: [email protected].

About this home

Exceptional opportunity to acquire this well-maintained property together with a fully operational Assisted Living Facility (ALF) business, separately listed under MLS A12070397 **The real estate and ALF business must be purchased together, The Owner would be consider be sold separately only the business. The ALF is licensed for 6 residents and currently operates at full occupancy. The property features 5 bedrooms, 3 bathrooms, impact-resistant windows, a brand-new roof (2025), and a backup generator. Strategically located just off Bird Road (SW 40th Street), with convenient access to the Palmetto Expressway (SR-826), Dolphin Expressway (SR-836), Coral Gables, South Miami, and Miami International Airport. Close to hospitals, medical offices, pharmacies, shopping, restaurants, and essential services. The ALF has operated under its current ownership since 2022, while the property has continuously served as a family-operated Assisted Living Facility since 2009, offering an established operating history and strong community presence.

Virtual tour
What it costs to own
Estimated monthly payment
$5,714/mo
Principal and interest
$4,045
Property tax
$1,169
Homeowners insurance
$500
HOA(not in the listing)
$0

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
$14,033/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
Not stated in the listing; ask us
FEMA flood zone
Zone X, minimal risk

Outside the special flood hazard area. Flood insurance is optional.

Hurricane evacuation zone
Zone D: ordered to evacuate for Category 3 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.