Price Check
How this price compares
- List price
- $1,175,000
- Price per sq ft
- $441
- Original price
- Unchanged
- Days on market
- 63
This multi-family property in Biscayne Heights is listed at $1,175,000, or $441 per square foot. It has been on the market for 63 days.
Estimated monthly payment
$6,175 /mo
Principal and interest only, based on $235,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,175,000
- Days on Site
- 63 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 2,664 sqft
- Total Sq Ft
- 2,696 sqft
- Year Built
- 1940
- Property Type
- Multi-Family
- MLS #
- A12058364
- Property Tax
- $10,594 (2025)
- Subdivision
- BISCAYNE HEIGHTS
- County
- Miami Dade
- Status
- Active
About This Property
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.
Virtual TourGeneral Features
- Property Type
- Multi-Family
- Status
- Active
- Year Built
- 1940
- Number of Stories
- 1
- Living Sq Ft
- 2,664
- Total Sq Ft
- 2,696
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 3100
Interior Features
- Cooling
- Central Air
- Heating
- Central / Separate Meters
- Flooring
- Tile / Wood
Exterior Features
- Construction
- Block
- Roof
- Shingle
Community & HOA
- Utilities
- Cable Not Available
- Financing Terms
- Cash / Conventional
- MLS Area
- 2320
Schools
- Elementary School
- Phyllis R. Miller
- Middle School
- Horace Mann
- High School
- Miami Edison
About the Community
- Homes for Sale
- 5
- Median List Price
- $1,175,000
- Median $/Sq Ft
- $675
- Avg Days on Market
- 108
Frequently Asked Questions
- How do I schedule a tour of 8701 NE 8th Court, Miami, FL 33138?
- Use the Tour button on this listing to request a showing of 8701 NE 8th Court, 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 8701 NE 8th Court, Miami, FL 33138 still available?
- 8701 NE 8th Court, Miami, FL 33138 is currently listed as Active, and has been on the market 63 days. 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 8701 NE 8th Court, Miami, FL 33138?
- With 20% down ($235,000) on the $1,175,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 8701 NE 8th Court, Miami, FL 33138 is about $6,175/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 8701 NE 8th Court, Miami, FL 33138?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 8701 NE 8th Court, 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 8701 NE 8th Court, Miami, FL 33138?
- 8701 NE 8th Court, 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 8701 NE 8th Court, Miami, FL 33138?
- Often, yes. The right offer on 8701 NE 8th Court, 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 Compass Florida, LLC
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 July 23, 2026.
$1,175,000
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Listed by Li Bensimon, Compass Florida, LLC
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Recent Sales
Recently sold homes in Biscayne Heights
These are the last 6 recorded closings in Biscayne Heights, with the price each home actually sold for rather than what it was listed at. They closed at a median of $385 per square foot. The most recent closed on July 7, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$791,000
Sold · July 7, 2026
8701 NE 8th Court
0 bed · 0 bath · 2,664 sqft · $297/sqft
$404,000 under the asking price
Sold$730,000
Sold · June 11, 2026
8347 E Dixie Highway
3 bed · 2 bath · 1,542 sqft · $473/sqft
$33,000 over the asking price
Sold$730,000
Sold · June 11, 2026
8347 E Dixie Highway
3 bed · 2 bath · 1,542 sqft · $473/sqft
$33,000 over the asking price
Sold$650,000
Sold · April 6, 2026
796 NE 85th Street
6 bed · 2 bath · 2,696 sqft · $241/sqft
$50,000 under the asking price
Sold$2,600,000
Sold · February 26, 2026
8447 E Dixie Highway
6 bed · 4 bath · 6,754 sqft · $385/sqft
$150,000 under the asking price
Sold$2,600,000
Sold · February 26, 2026
8447 E Dixie Highway
0 bed · 0 bath
$150,000 under the asking price
See every recorded sale in Biscayne Heights or find out what your Biscayne Heights home is worth.
