8701 NE 8th Court, Miami, FL 33138
- $1,175,000
- 2,664
- SqFt
- List Price
- $1,175,000
- Days on Market
- 7
- MLS#
- A12058364
- Sq. Ft
- 2,664
- Subtype
- Triplex
- County
- Miami-Dade
- Subdivision
- Biscayne Heights
- Year Built
- 1940
Property Description
Prime Corner-Lot Opportunity in Shore Crest! This rare 11,994 SF parcel is zoned for up to four units, just minutes from Biscayne Bay. Three tenant-occupied residences across separate structures: two 3-bedroom/1-bath units and one 1-bedroom/1-bath - currently generate $72,000 in annual income, giving investors immediate cash flow while they plan their next move: renovate the existing units for higher rents or clear the lot and build new.Shore Crest sits minutes from Miami's beaches, waterfront parks, marinas, and the restaurants and nightlife along Biscayne Boulevard, with Downtown Miami and the Design District just a short drive away. For a developer or investor, this is a rare combination: immediate income to offset holding costs, a corner lot with real flexibility for up to four units, and a location positioned for long-term appreciation.
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Additional Information
- Construction
- Block
- Cooling
- Central Air
- Flooring
- Tile, Wood
- Heating
- Central, Separate Meters
- Roof
- Shingle
- Taxes
- $10,594
- Utilities
- Cable Not Available
- Stories
- 1
- Price Per Sqft
- $441
- Elementary School
- Phyllis R. Miller
- Middle School
- Horace Mann
- High School
- Miami Edison
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Listing courtesy of Compass Florida, LLC. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Li Bensimon | Email: Li@thechadcarrollgroup.com