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7151 SW 42nd St - Steven's Sweet Home ALF 1,833 SF Health Care Building Offered at $1,410,700 CAD in Miami, FL 33155
Investment Highlights
- Licensed assisted living facility with approval for 6 residents and a history of operating at full occupancy, offering established senior housing
- Centrally located in Miami near Bird Road (SW 40th Street), providing convenient access for residents, families, and caregivers
- Opportunity to acquire both the operating assisted living business and the underlying real estate in a single transaction
- Proximity to hospitals, medical offices, pharmacies, shopping centers, restaurants, and daily-service amenities that support assisted living operation
Executive Summary
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
Property Facts
| Price | $1,410,700 CAD | Lot Size | 0.13 AC |
| Price Per Bed | $235,117 CAD | Building Size | 1,833 SF |
| Sale Type | Owner User | No. Beds | 6 |
| Property Type | Health Care | No. Stories | 1 |
| Property Subtype | Assisted Living | Year Built | 1951 |
| Building Class | C | Parking Ratio | 2.18/1,000 SF |
| Zoning | 0100 - Single Family Residential | ||
| Price | $1,410,700 CAD |
| Price Per Bed | $235,117 CAD |
| Sale Type | Owner User |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 1,833 SF |
| No. Beds | 6 |
| No. Stories | 1 |
| Year Built | 1951 |
| Parking Ratio | 2.18/1,000 SF |
| Zoning | 0100 - Single Family Residential |
Amenities
- Wheelchair Accessible
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 30-4023-010-0170 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $699,513 CAD |
Property Taxes
Parcel Number
30-4023-010-0170
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$699,513 CAD
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7151 SW 42nd St - Steven's Sweet Home ALF
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