
$1,265,000
718 NE 87th Street
NO SHORE CREST
Explore the area: Miami homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $1,265,000
- Price per sq ft
- $707
- Original price
- Unchanged
- Days on market
- 1
This multi-family property in ZIP 33138 is listed at $1,265,000, or $707 per square foot. It has been on the market for 1 day.
Estimated monthly payment
$6,648 /mo
Principal and interest only, based on $253,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,265,000
- Days on Site
- 1 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 1,790 sqft
- Total Sq Ft
- 1,790 sqft
- Year Built
- 1937
- Property Type
- Multi-Family
- MLS #
- A12104485
- Property Tax
- $13,188 (2025)
- Subdivision
- NO SHORE CREST
- County
- Miami Dade
- Status
- Active
About This Property
Exceptional investment opportunity in Miami’s desirable Shorecrest neighborhood! Situated on a 7,000 SF lot, this versatile property features two separate living spaces, offering flexibility for investors seeking rental income, multi-generational living, or an owner-occupant investment strategy.The property includes a 2-bedroom, 1-bath main residence and a detached 1-bedroom, 1-bath cottage. The main home features a remodeled interior, modern kitchen with stainless steel appliances, and impact-resistant windows. The rear cottage offers a full 1 bedroom 1 bath unit with a separate kitchen and living area, a dedicated office or den, and a walk-in closet and a laundry room.With two distinct residences on one property, this offering presents an opportunity to explore multiple rental strategies, subject to applicable zoning, permitting, and rental regulations. Ideal for investors looking to expand their portfolio or buyers seeking flexibility and long-term investment potential in Miami.Two living spaces. One valuable investment opportunity. Endless possibilities.
Virtual TourGeneral Features
- Property Type
- Multi-Family
- Status
- Active
- Year Built
- 1937
- Number of Stories
- 1
- Living Sq Ft
- 1,790
- Total Sq Ft
- 1,790
- Structure Type
- Duplex
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 4600
Interior Features
- Cooling
- Central Air
- Heating
- Other
- Flooring
- Tile
Exterior Features
- Construction
- Block
- Roof
- Shingle
- Exterior Features
- Outdoor Living Area
- Patio & Porch
- Porch
- Lot Features
- Fruit Trees / Quarter To Half Acre Lot
Community & HOA
- Utilities
- Cable Not Available
- Financing Terms
- Cash / FHA / Va Loan
- MLS Area
- 2320
Schools
- Elementary School
- Phyllis R. Miller
- Middle School
- Horace Mann
- High School
- Miami Edison
About the Area
Browse Miami homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Miami includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Miami listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 9,429
- Median List Price
- $642,495
- Median $/Sq Ft
- $508
- Avg Days on Market
- 144
Frequently Asked Questions
- How do I schedule a tour of 718 NE 87th Street, Miami, FL 33138?
- Use the Tour button on this listing to request a showing of 718 NE 87th Street, Miami, FL 33138. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 718 NE 87th Street, Miami, FL 33138 still available?
- 718 NE 87th Street, Miami, FL 33138 is currently listed as Active, and has been on the market 1 day. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 718 NE 87th Street, Miami, FL 33138?
- With 20% down ($253,000) on the $1,265,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 718 NE 87th Street, Miami, FL 33138 is about $6,648/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 718 NE 87th Street, Miami, FL 33138?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 718 NE 87th Street, Miami, FL 33138. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 718 NE 87th Street, Miami, FL 33138?
- 718 NE 87th Street, Miami, FL 33138 is zoned for Phyllis R. Miller (elementary), Horace Mann (middle), Miami Edison (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 718 NE 87th Street, Miami, FL 33138?
- Often, yes. The right offer on 718 NE 87th Street, Miami, FL 33138 depends on how it's priced against comparable multi-family sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Best of Luxury Realty Corp.
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated October 11, 2026.
$1,265,000
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Listed by Iuliia Zohar, Best of Luxury Realty Corp.
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