8701 NE 8th Court, Miami, FL 33138
Listing Snapshot
| List Price | $1,175,000 |
| Price / Sq Ft | $441 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 2,664 sqft |
| Year Built | 1940 |
| Property Tax | $10,594/yr |
| MLS # | 1177905553 |
| Status | Active |
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.
General Features
- Property Type
- ResidentialIncome
- Sub-type
- Triplex
- Stories
- 1
- Parking Spaces
- 10
- Zoning
- 3100
- Utilities
- CableNotAvailable
- Subdivision
- BISCAYNE HEIGHTS
Interior Features
- Flooring
- Tile,Wood
- Heating
- Central,SeparateMeters
- Cooling
- CentralAir
Exterior Features
- Construction
- Block
- Roof
- Shingle
- Pool
- No
- Waterfront
- No
Community Features
- MLS Area
- 2320
Schools
Map
MLS# 1177905553 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
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Estimate Your Payment
20% down · Loan: $940,000
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.