Active Residential Income IDX

8701 NE 8th Ct

8701 NE 8th Ct, Miami, FL 33138
$1,175,000
2,664 sqft Area
1 Floors
1940 Built
MLS #: 11899677

About this property

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.

Property Details

Financial
Annual taxes
$10,594 (2025)
Interior
Flooring
Tile, Hardwood
Exterior & Lot
Roof
Asphalt
Utilities
Water source
Public (WaterSource)
Sewer
Other
Listing Details
Property type
Residential Income
County
Miami-Dade
Subdivision
Biscayne Heights
More Details
Original list price
$1,175,000
Above grade finished area
2,664 sqft
Furnished
Unfurnished
Listing Information
Listing courtesy of
Compass Florida, LLC · 305-315-2396
Listing agent
Li Bensimon
MLS #
11899677
Status
Active

Contact

Herdine Nicholson · Mainsail Real Estate®

+1 305 414 1438 · info@mainsailre.com

1111 Brickell Ave, FL 12 Ste 148, Miami, FL 33131

https://mainsailre.com/idx-listing/?listing=11899677

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Listing courtesy of Compass Florida, LLC · 305-315-2396

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