8701 NE 8th Court, Miami, FL 33138 (MLS# A12058364)

8701 NE 8th Court, Miami, FL 33138

New Listing

$1,175,000

Property Type: Residential Income Square Footage: 2,696 Status: Active

Current Price: $1,175,000 List Date: 7/22/2026 Last Modified: 7/23/2026

Overview

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.

Listing Details MLS# A12058364

General Property Information

Number Of Units Total: 3
Property Sub Type: Triplex
Building Area Main: 2696
Living Area Main: 2664
Adjusted Area Main: 1133
Year Built: 1940
Parking Total: 10
Lot Size Dimensions: 11,994
Stories Total: Yes
Pool Private YN: No

Property Features

Documents Available: Investment Analysis; Other Available Information; Rent Rolls Flooring: Tile; Wood Construction Materials: CBS Cooling: Central Air Heating: Central; Separate Meters Listing Terms: Cash; Conventional Possession: Negotiable Roof: Shingle Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Not Available Water Source: Public Showing Requirements: Call Listing Agent Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Parking Space Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Parking Space Unit 3 Other Equipment: Air Conditioning Unit Unit 3 Parking Features: Parking Space

Contract Information

Comp Sale YN: No
Original List Price: 1175000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 8701
Street Direction Prefix: NE
Street Name: 8th
Street Suffix: Court
City Name: Miami
Municipal Code: 30
State Or Province: FL
Postal Code: 33138
Postal Code +4: 3313
Postal Zip: 33138
Subdivision Name: BISCAYNE HEIGHTS
Area: 2320
Elementary School: Phyllis R. Miller
Middle Or Junior School: Horace Mann
High School: Miami Edison
Special Assessment YN: No
Parcel Number: 3032070031390
Subdivision Number: 3
Zoning: 3100
Flood Zone: AE

Financial Information

Tax Annual Amount: 10594
Tax Year: 2025
Tax Legal Description: BISCAYNE HGTS PB 2-78 S1/2 OF LOT 65 LESS E99FT LOT SIZE 103.400 X 116 OR 14747-2380 1090 4
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-07-22T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-07-22

More Information

Income and Expenses

Gross Income: 6050

Unit 1 Details

Actual Rent: 2500
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished

Unit 1 Lease Description

Currently Leased YN: Yes

Unit 2 Details

Actual Rent: 2000
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished

Unit 2 Lease Description

Lease Term: Month To Month

Unit 3 Details

Actual Rent: 1550
Baths Full: Yes
Efficiency YN: Yes
Furnished: Unfurnished

Unit 3 Lease Description

Currently Leased YN: Yes

Price Calculations

Current Price To SqFt: 441.06

Section Details

Parcel Number MLX: 1390

Originating Details

Originating System Key: 534869049
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Flooring

Tile: Yes
Wood: Yes

Documents Available

Investment Analysis: Yes
Other Available Information: Yes
Rent Rolls: Yes

Possession

Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Not Available: Yes

Heating

Central: Yes
Separate Meters: Yes

Construction Materials

CBS: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Roof

Shingle: Yes

Water Source

Public: Yes

Cooling

Central Air: Yes

Showing Requirements

Call Listing Agent: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes

Unit 1 Parking Features

Parking Space: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes

Unit 2 Parking Features

Parking Space: Yes

Unit 3 Other Equipment

Air Conditioning Unit: Yes

Unit 3 Parking Features

Parking Space: Yes

Listing Office: Compass Florida, LLC

Last Updated: July - 23 - 2026

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