8701 NE 8th Ct, Miami, FL 33138
Local realty services provided by:CENTURY 21 North East
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:September 15, 2026 at 10:09 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.
- 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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