718 NE 87th Street Miami, FL $ 1,265,000
718 NE 87th Street
$ 1,265,000
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718 NE 87th Street

Miami, FL, 33138
$ 1,265,000
Bedrooms2 Baths1.0 Sq 1,790

Monthly Estimate*

$ 8,737

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Multi-Family Home for sale in Miami, FL

for $1,265,000 with 2 bedrooms and 1 full bath. This 1,790 square foot home was built in 1937.

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.

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Multi-Family Active

Price

$ 1,265,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 13,188

Style

Year Built

1937

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A12104485

Features
General
Sewer Public Sewer
Heating Other
Cooling Central Air
Utilities Cable Not Available
Possession Close Of Escrow
Roof Shingle
Patio/Porch Features Open Porch
Pool Features None
Construction Materials Block
Year Built 1937
Stories Count 1
Levels One
Property Subtype Duplex
Tax Year 2025
County Miami-Dade
Property Type Residential Income
Subdivision Name NO SHORE CREST
Rent Includes None
Full Baths 1
Special Listing Conditions Listed As-Is
Status Active
City Miami
Zoning Description 4600
Number Of Units Total 2
MLS Area 22
Lot Size Units Square Feet
Listing Terms Cash FHA VA Loan
Year Built Details Effective Year Built
Tax Annual Amount 13188
Virtual Tour https://www.zillow.com/view-imx/45f85143-069e-4003-b6a6-fbde3997622c?setAttribution=mls&wl=true&initialViewType=pano
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Duplex
Legal Description NO SHORE CREST PB 17-42 LOT 43 BLK 5 LOT SIZE 7000 SQUARE FEET OR 20218-4405 12 2001 1
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Interior
Flooring Tile
Air Conditioning Y/N true
Half Baths 0
Total Bedrooms 2
Total Baths 0
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Exterior
Exterior Amenities Fence Fruit Trees Porch
Lot Features Flood Zone 1/4 to 1/2 Acre Lot
Water Source Public
Total Parking 2
Building Area Total 1790
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Best Of Luxury Realty Corp.

Broker

305-684-4964

Contact

Affordability Calculator

$9,836
Per Month
89%
11%
0%
Monthly Principal & Interest
$8,737
Monthly Property Taxes
$1,099
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/10/2026$1,265,000 Listed Price

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718 NE 87th Street, Miami, FL, 33138 is a Multi-Family Home for sale at $1,265,000 with 1,790 sqft. 718 NE 87th Street has 2 bedrooms, 1.0 baths, and was built in 1937. The property's zip code is 33138 which is in Miami, FL