Overview

Property ID: A12058364

Triplex
Property Type

2664 Square Feet
Area Size

1940
Year Built

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.

Address

Open on Google Maps

Address: 8th Ct
State/county: Miami-Dade County
Zip/Postal Code: 33138
Area: 0, 87, 8701 Collins Ave Condo, 8701 COLLINS AVE CONDO, 87 Park, BISCAYNE HEIGHTS, Miami

Details

Updated on August 21, 2026 at 4:21 am

Property ID A12058364
Price $1,175,000
Property Size 2664 Square Feet
Year Built 1940
Property Type Triplex
Property Status Active, Residential Income

Additional details

ArchitecturalStyle Detached
BuildingAreaTotal 2696
BuildingAreaUnits Square Feet
BuildingName BISCAYNE HEIGHTS
CoListAgentDirectPhone 908-907-3666
CoListAgentEmail stefan@thechadcarrollgroup.com
CoListAgentFullName Stefan Segall
CoListAgentKey d5023d332ffe11f22d02477095736389
CoListAgentMlsId 3486363
CoListAgentOfficePhone 305-315-2396
CoListAgentStateLicense 3486363
CoListOfficeKey 5bd1a4678b3a14d6bb385521e839e6a5
CoListOfficeMlsId COMP05
CoListOfficeName Compass Florida, LLC
CoListOfficePhone 305-315-2396
ConstructionMaterials CBS Construction
ContractStatusChangeDate 2026-07-22
Cooling Central Air
DaysOnMarket 19
DocumentsAvailable Investment Analysis, Other Available Information, Rent Rolls
ExpirationDate 2027-07-23
Flooring Tile, Wood
Heating Central
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 954-309-0604
ListAgentEmail Li@thechadcarrollgroup.com
ListAgentFullName Li Bensimon
ListAgentKey 07010110ee016bdfd10f82863f5595a6
ListAgentMlsId 3538197
ListAgentOfficePhone 305-315-2396
ListAgentStateLicense 3538197
ListOfficeFax 786-573-8474
ListOfficeKey 5bd1a4678b3a14d6bb385521e839e6a5
ListOfficeMlsId COMP05
ListOfficeName Compass Florida, LLC
ListOfficePhone 305-315-2396
ListingAgreement Exclusive Right To Sell
ListingContractDate 2026-07-22
ListingKey 062873ea22282c9b91948ee4e38ab285
ListingTerms All Cash, Conventional
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 0
MajorChangeTimestamp July 22, 2026 at 10:59pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp August 10, 2026 at 04:46pm
NumberOfUnitsInCommunity 3
OnMarketDate 2026-07-22
OriginalEntryTimestamp July 22, 2026 at 10:59pm
OriginalListPrice 1175000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 30-32-07-003-1390
ParkingTotal 10
PhotosChangeTimestamp July 22, 2026 at 11:33pm
PhotosCount 13
Possession Funding
PostalCode 33138
PostalCodePlus4 3313
PriceChangeTimestamp July 22, 2026 at 10:22pm
PublicSurveyRange 32
PublicSurveySection 7
PublicSurveyTownship 32
RentIncludes Sewer, Water
Roof Shingle
Sewer Public Sewer
ShowingContactType Agent
ShowingInstructions Call Listing Agent, See Broker Remarks
SourceSystemKey 534869049
StateOrProvince FL
StatusChangeTimestamp July 22, 2026 at 10:59pm
Stories 1
StoriesTotal 1
StreetDirPrefix NE
StreetName 8th Ct
StreetNumber 8701
StreetNumberNumeric 8701
StructureType Triplex
SyndicationRemarks 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.
TaxAnnualAmount 10594
TaxLegalDescription BISCAYNE HGTS PB 2-78 S1/2 OF LOT 65 LESS E99FT LOT SIZE 103.400 X 116 OR 14747-2380 1090 4
TaxYear 2025
WaterSource Municipal Water
YearBuiltDetails Effective Year Built
Zoning 3100