8701 NE 8th Ct

2,664
SqFt
Status
Active
Size
2,664 SqFt (247 m2)
Price
$441/SqFt ($4,748/m2)
Type
Multifamily
Built
1940
MLS Number
A12058364
On Site
54 Days
Updated
35 Days ago
Page Views
0
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.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: CentralAir
        Building and Construction
        • Floor Description: Hardwood,Tile,Wood
        • Year Built: 1940
        • Year Built Description: Effective Year Built
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2026-07-22T18:59:17.000-00:00
          Taxes, Fees & More
          • Taxes: 10594

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          Price History

          Date
          Event
          Price
          Change
          Price Per
          07/22/2026
          Listed
          $1.2M
           
          $441 ft2
          $4,748 m2
          07/22/2026
          $1.2M
          Event
          Listed
          Price Per
          $441 ft2
          $4,748 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Li BensimonCompass Florida, LLC • Buyer Agency Compensation .

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