$1,175,000
Miami, FL 33138
MLS# A12058364
2696 sqft
1 / 13
Property 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.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-07-22
Status: Active
Original List Price: 1175000
List Price: $1,175,000
Current Price: $1,175,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 30
Postal Zip: 33138
Subdivision Number: 3
Special Assessment YN: No
Flood Zone: AE
Country: United States
Street Number: 8701
Street Direction Prefix: NE
Street Name: 8th
Street Suffix: Court
State Or Province: FL
Postal Code: 33138
Postal Code +4: 3313
Subdivision Name: BISCAYNE HEIGHTS
Area: 2320
Elementary School: Phyllis R. Miller
Middle Or Junior School: Horace Mann
High School: Miami Edison
Parcel Number: 3032070031390
Zoning: 3100
General Property Information
Number Of Units Total: 3
Adjusted Area Main: 1133
Living Area Main: 2664
Lot Size Dimensions: 11,994
Parking Total: 10
Stories Total: 1
Pool Private YN: No
Property Sub Type: Triplex
Building Area Main: 2696
Year Built: 1940
Financial Information
Estimated Monthly Assoc Recurring Fee: 0
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
Office/Member Information
DXORIGMLSID: SEF
Flooring
Tile: 1
Wood: 1
Documents Available
Investment Analysis: 1
Other Available Information: 1
Rent Rolls: 1
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Cable Not Available: 1
Heating
Central: 1
Separate Meters: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Shingle: 1
Water Source
Public: 1
Income and Expenses
Gross Income: 6050
Cooling
Central Air: 1
Showing Requirements
Call Listing Agent: 1
Tax Information
Tax Reflects No Exemptions: 1
Unit 1 Details
Actual Rent: 2500
Baths Full: 1
Beds Total: 3
Efficiency YN: No
Furnished: Unfurnished
Unit 1 Lease Description
Currently Leased YN: Yes
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Features
Parking Space: 1
Unit 2 Details
Actual Rent: 2000
Baths Full: 1
Beds Total: 3
Efficiency YN: No
Furnished: Unfurnished
Unit 2 Lease Description
Lease Term: Month To Month
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Features
Parking Space: 1
Unit 3 Details
Actual Rent: 1550
Baths Full: 1
Beds Total: 1
Efficiency YN: Yes
Furnished: Unfurnished
Unit 3 Lease Description
Currently Leased YN: Yes
Unit 3 Other Equipment
Air Conditioning Unit: 1
Unit 3 Parking Features
Parking Space: 1
Price Calculations
Current Price To SqFt: 441.06
Section Details
Parcel Number MLX: 1390
Status Change Information
Major Change Timestamp: 2026-07-22T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-07-22
Originating Details
Originating System Key: 534869049
Originating System ID: M00000151
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
Listing Office: Compass Florida, LLC
Last Updated: July - 23 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
