8848 NW 5th Avenue, El Portal, FL 33150 (MLS# A12088891)

8848 NW 5th Avenue, El Portal, FL 33150

$1,050,000

Property Type: Residential Income Square Footage: 3,311 Status: Active

Current Price: $1,050,000 List Date: 10/02/2026 Last Modified: 10/05/2026

Overview

Description

Rare opportunity in the heart of El Portal. Unique triplex-style property consisting of 3 separate structures situated on an oversized lot, offering strong upside for investors and developers. Each unit is independently configured, providing flexibility for rental strategy, value-add renovations, or future redevelopment. Ideal for an investor seeking multiple income streams, expansion potential, or a long-term hold in a high-demand neighborhood with ongoing appreciation. Zoning and lot size may allow for additional improvements or reconfiguration (buyer to verify). Property is being sold as-is. Cash or renovation financing preferred. Survey is available. Prime location with proximity to Miami Shores, Biscayne Blvd, and major transit corridors. Do not miss this one-of-a-kind investment opportunity with growth potential in a sought-after area. Showings by appointment only. Buyer to perform all due diligence.

Listing Details MLS# A12088891

General Property Information

Number Of Units Total: 3
Property Sub Type: Triplex
Building Area Main: 3311
Living Area Main: 3311
Adjusted Area Main: 794
Year Built: 1938
Parking Total: 3
Stories Total: Yes
Pool Private YN: No

Property Features

Documents Available: None Flooring: Concrete Special Listing Conditions: Short Sale Construction Materials: Other Cooling: Wall/Window Unit(s) Heating: Separate Meters; Window/Wall Listing Terms: Cash; Conventional; FHA; VA Loan Possession: Close Of Escrow Roof: Concrete Sewer: Septic Tank Tax Information: City/County Utilities: Cable Available Showing Requirements: 24 Hour Notice Unit 1 Parking Features: Open Parking Unit 2 Parking Features: Open Parking Unit 3 Parking Features: Open Parking

Contract Information

Comp Sale YN: No
Original List Price: 1050000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 8848
Street Direction Prefix: NW
Street Name: 5th
Street Suffix: Avenue
City Name: El Portal
Municipal Code: 30
State Or Province: FL
Postal Code: 33150
Postal Code +4: 2408
Postal Zip: 33150
Subdivision Name: PL OF HOME ACRES
Area: 2310
Elementary School: Hubert O. Sibley K-8 Academy
Middle Or Junior School: Horace Mann
High School: Miami Edison
Parcel Number: 3031010020240
Subdivision Number: 2
Zoning: 5100
Flood Zone: X

Financial Information

Tax Annual Amount: 13066
Tax Year: 2025
Tax Legal Description: 1 53 41 .57 AC PL OF HOME ACRES PB 39-22 S52.15FT OF LOTS 8 & 9 & N50FT OF LOT 10 BLK 2 LOT SIZE IRREGULAR OR 16846-2654 0795 4

Status Change Information

Major Change Timestamp: 2026-10-02T05:16:01Z
Major Change Type: Back on Market
Status Change Date: 2026-10-02

More Information

Short Sale Details

Lender Approval: Approved

Unit 1 Details

Baths Full: Yes
Baths Half: Yes
Efficiency YN: No
Furnished: Furnished

Unit 1 Lease Description

Lease Term: Month To Month

Unit 2 Details

Baths Full: Yes
Efficiency YN: No
Furnished: Furnished

Unit 2 Lease Description

Lease Term: Month To Month

Unit 3 Details

Baths Full: 4
Efficiency YN: No
Furnished: Furnished

Unit 3 Lease Description

Lease Term: Month To Month

Price Calculations

Current Price To SqFt: 317.12

Section Details

Parcel Number MLX: 0240

Originating Details

Originating System Key: 563317483
Originating System ID: M00000151

Listing Office: Grant and Associates Real Estate INC

Last Updated: October - 05 - 2026

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