8701 Ne 8th Ct, Miami, FL 33138
- $1,175,000
- 2,664
- SqFt
- List Price
- $1,175,000
- MLS
- A12058364
- Complex Name
- Biscayne Heights
- Status
- ACTIVE
- Type
- Multifamily
- Living Area
- 2,664
Property Description
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.
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Additional Information
- Days on Market
- 5
- Style
- Triplex
- #Parking Spaces
- 10
- Year Built
- 1940
- Development Name
- Biscayne Heights
- #Stories
- 1
- Construction Type
- CBS Construction
- Section
- 7
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Listing Courtesy of Compass Florida, LLC, Contact: