BISCAYNE HEIGHTS
8701 NE 8th Ct, Miami FL 33138
2,664 ft²
$1,195,000
Est. Payment $6,360/mo
2,664
Sq. Ft.
1940
Year Built
1
Stories
0
Days on Market
Description
Exceptional investment opportunity located just 0.07 miles from Biscayne Bay in Miami’s rapidly evolving Upper East Side corridor. Rare multi-family property situated on a large 11,994 SF corner lot with zoning allowing up to 4 units. Currently configured as 3 income-producing units across three separate buildings on one parcel, consisting of (2) 3-bedroom/1-bath units and (1) 1-bedroom/1-bath unit. Property is legally a duplex but presently operates as a triplex, offering immediate cash flow with future redevelopment and expansion potential. Prime location near Biscayne Bay places you minutes from waterfront parks, marinas, luxury developments, major business districts, and Miami’s hottest neighborhoods. Positioned in a high-growth corridor benefiting from continued revitalization and strong rental demand. Value-add opportunity with existing income and future upside. Buyer to verify zoning, permitted use, and development potential
Facts
- MLS#
- A12016558
- Subdivision
- BISCAYNE HEIGHTS
- Property Type
- Residential Income
- Property Sub Type
- Triplex
- Year Built
- 1940
- Lot Size
- 0 sqft
- Sq. Ft.
- 2,664 ft²
- Sq. Mt.
- 247 m²
- Price per sq. ft.
- $449/ft²
- Price per sq. mt.
- $4,838/m²
- Stories
- 1
- Garage
- —
- Pool
- —
- Days on Market
- —
- Listed
- May 11, 2026
- Last Updated
- May 11, 2026
- Price/Lot Sq.Ft.
- —
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Market insights for Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
45
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 5/11/2026 | Listed for sale | $1,195,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Madison Middle School6,7,8 · public · 0.2 mi
Broadmoor Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.4 mi
It's A Small World AcademyPK,KG,1,2,3,4 · private · 0.6 mi
Phoenix Academy of Excellence6,7,8 · charter · 0.7 mi
Stellar Leadership Academy9,10,11,12 · charter · 0.7 mi
Dr. Henry W. Mack/West Little River K-8 CenterPK,KG,1,2,3,4,5,6,7,8 · public · 0.9 mi
B & G Preschool IncPK,TK,KG · private · 0.9 mi
Flamingo Elementary SchoolPK,KG,1,2,3,4,5 · public · 1.0 mi
Kiilys Kids Inc.KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.0 mi
The Creative Child Day Care Learning CenterPK,KG,1 · private · 1.0 mi
Estimated Monthly Payment
$7,506/mo
Principal & Interest
$6,360
Property Tax
$996
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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