8701 NE 8th Ct, Miami, FL 33138

Miami
Local realty services provided by:Countywide Properties ERA Powered
8701 NE 8th Ct,Miami, FL 33138
$1,175,000
Virtual Tour
  • - Beds
  • - Baths
  • 2,664 sq. ft.
  • Multi-family
  • Active
Listed by: li bensimon, stefan segall
Office: compass florida, llc.305-315-2396
MLS#:A12058364
Source:SEFMLS

Price summary

  • Price:$1,175,000
  • Price per sq. ft.:$435.83

About this home

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.

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Home facts

  • Year built:1940
  • Subdivision & Development:BISCAYNE HEIGHTS
  • Listing ID #:A12058364
  • Updated:November 13, 2026 at 10:56 AM

Rooms and interior

  • Flooring:Hardwood, Tile, Wood
  • Living area:2,664 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1940
  • Building area:2,664 sq. ft.
  • Lot Features:Flood Zone
  • Construction Materials:Block
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,175,000
  • Price per sq. ft.:$435.83
  • Tax amount:$10,594 (2025)

Parking

  • Total parking spaces:10
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