Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
0 Baths
1,790 sqft

$1,265,000

718 NE 87th Street, Miami FL, 33138

Price per sqft$706.70
Built in1937
Property size1,790 sqft
Property typeMulti-family

Overview

Active

Listed Oct 10, 2026

Updated 2h ago

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.

$8,416/mo

Est. mortgage payment based on a $1,265,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$13,188
Tax Frequency
Annually

Listed with Best of Luxury Realty Corp.

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

©2026 Association of Palm Beaches. All rights reserved. 

Data last updated 12:10 PM UTC, 10/11/2026

 

Powered by Luxury Presence