8701 NE 8th Court For Sale
Property Details
| Asking Price | $1,175,000 |
|---|---|
| Price per SqFt | $441 |
| Property Taxes | $10,594 2025 |
| Interior Space | 2,664 SqFt |
| Beds/Baths | —/— |
| Year Built | 1940 |
| Pool | No |
| MLS # | A12058364 |
Location
From the listing
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.
Listed by Compass Florida, LLC
What It Costs to Own
Monthly, before a mortgage and insurance
Taxes $10,594 for 2025. MLS figures, which may not be accurate.
Sales History for This Home · 8701 NE 8th Court, Miami, FL 33138
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A12016558 | $791,000 | 7/7/26 |
Listed by Compass Florida, LLC. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
Ask Mark About This Listing
8701 NE 8th Court, Miami · MLS A12058364 · $1,175,000
Mark sent you this link
Your message goes to Mark Zilbert
Having issues or do you need technical help? Use this form instead: CLICK HERE
The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.