Drea Mize - Logo
$1,175,000
 $6,308 est/mo Sourced by Back At You

8701 NE 8th Ct,Miami, FL 33138

Miami, FL 33138

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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. Buyer to verify zoning, permitted use, and development potential.

Details

MLS #A12058364
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1940
Days On Site36
Listing Provided ByCompass Florida, LLC | Li Bensimon

Features

SQ Feet2,664
Story(s)1
Zoning3100

Exterior

Lot FeaturesLess Than Quarter Acre

Taxes

Tax Annual Amount10594

Area Information

StateFL
CountyMiami Dade
CityMiami
Zip Code33138
Area32
Community NameBISCAYNE HEIGHTS
Listing VS Median (in BISCAYNE HEIGHTS)
Price:
$1,175,000
low | high
Med:
$1,575
100% of Average
sqft:
2,664
low | high
Med:
522
100% of Average
$ / sqft:
$441
low | high
Med:
$3
100% of Average
On site:
36
low | high
Med:
78
46.153846153846% of Average
Sourced by Back At You

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Learn More About This Property

Drea Mize

Drea Mize

Premier Florida Realty

 (317) 850-9320dreatakesonswfl@gmail.com
StateFL
CountyMiami Dade
CityMiami
Zip Code33138
Area32
Community NameBISCAYNE HEIGHTS
Listing VS Median (in BISCAYNE HEIGHTS)
Price:
$1,175,000
low | high
Med:
$1,575
100% of Average
sqft:
2,664
low | high
Med:
522
100% of Average
$ / sqft:
$441
low | high
Med:
$3
100% of Average
On site:
36
low | high
Med:
78
46.153846153846% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $881K - $1.468M
sqft: 1,500 - 3,000
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8641 Arboretum Lane Property Photo 1
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8641 Arboretum Lane
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8631 Arboretum Lane Property Photo 1
$14,500
8631 Arboretum Lane
Miami, FL 33138
Listing Updated: August 10, 2026 at 11:57:43 AM PDT

Drea Mize -