Commercial Sale · Income/MultiFamily
7151 SW 42nd St, Miami FL 33155, MIAMI, FL, 33155
Active27 days on marketListed Jul 15, 2026MLS #A12053840
About this property
The property at a glance
Exceptional opportunity to acquire a fully operational Assisted Living Facility (ALF) together with the real estate in one of Miami's most desirable and centrally located areas, just off Bird Road (SW 40th Street).Licensed for 6 residents,Currently operating at full occupancy,5 bedrooms and 3 bathrooms. Impact-resistant windowsBrand-new roof (2025),Backup generator Strategically located near major transportation corridors including the Palmetto Expressway (SR-826), the Dolphin Expressway (SR-836), Coral Gables, South Miami, and Miami International Airport. The property offers convenient access to hospitals, medical offices, pharmacies, shopping centers, restaurants, and all essential services, making it an ideal location for residents, families, and caregivers. The current ALF has been operating under its present ownership since 2022, while the property has continuously served as a family-operated Assisted Living Facility since 2009, providing an established operating history and strong community presence
1,833
Building sq ft
$546
Price / sq ft
5,830
Lot sq ft
1951
Year built
0100
Zoning
Income/MultiFamily
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$5,573/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Chad to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
43,133
Population
$79,271
Median income
44.7
Median age
2.84
Avg household
$505,000
Median home value
$1,871/mo
Median rent
4,463
Households w/ kids
Recent sales
What actually sold near 7151 SW 42nd St
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$6,600,000
5185 W Flagler St, Miami FL 33134
Sold Sep 16, 2025
$2,000,000
406 Valencia Ave, Coral Gables FL 33134
Sold Sep 17, 2025
$2,000,000
414 Valencia Ave, Coral Gables FL 33134
Sold Sep 17, 2025
Your team
The pros in your corner
Your agent
Chad Creech
President, Commercial and Development Services · CENTURY 21 Edge
Tours, offers, and every question about 7151 SW 42nd St — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 7151 SW 42nd St.
See it in person
Schedule a tour
Live availability from Chad's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of Canvas Real Estate · Heriberto Rios. MLS #A12053840.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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