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0 Baths
2,664 sqft

$1,175,000

8701 NE 8th Court, Miami FL, 33138

Price per sqft$441.07
Built in1940
Property size2,664 sqft
Property typeMulti-family

Overview

Active

Listed Jul 22, 2026

Updated 2 weeks ago

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. Buyer to verify zoning, permitted use, and development potential.

$7,817/mo

Est. mortgage payment based on a $1,175,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$10,594
Tax Frequency
Annually

Listed with Compass Florida, LLC

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Data last updated 12:19 PM UTC, 9/23/2026

 

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