718 NE 87th Street, Miami, FL 33138

New Listing
$1,265,000
Property Type: Residential Income Square Footage: 1,790 Status: Active
Current Price: $1,265,000 List Date: 10/10/2026 Last Modified: 10/11/2026

Overview

Description

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.Tw ...

Listing Details MLS# A12104485

General Property Information

Number Of Units Total
2
Property Sub Type
Duplex
Building Area Main
1790
Living Area Main
1790
Adjusted Area Main
979
Year Built
1937
Parking Total
2
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Pool Private YN
No

Property Features

Documents Available: None Fencing: Fenced Flooring: Tile Structure Type: Duplex Construction Materials: Block Cooling: Central Air Heating: Other Listing Terms: Cash; FHA; VA Loan Lot Features: Fruit Tree(s) Possession: Close Of Escrow Roof: Shingle Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Not Available Water Source: Public Showing Requirements: Appointment Only; Showing Service Outdoor Living Spaces: Porch Porch Details: Porch - Open Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Open Parking Unit 1 Rooms: Family Room Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Open Parking Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
1265000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
718
Street Direction Prefix
NE
Street Name
87th
Street Suffix
Street
City Name
Miami
Municipal Code
Yes
State Or Province
FL
Postal Code
33138
Postal Code +4
3632
Postal Zip
33138
Subdivision Name
NO SHORE CREST
Area
2320
Elementary School
Phyllis R. Miller
Middle Or Junior School
Horace Mann
High School
Miami Edison
Parcel Number
0132060281111
Subdivision Number
28
Zoning
4600
Flood Zone
AE

Financial Information

Tax Annual Amount
13188
Tax Year
2025
Tax Legal Description
NO SHORE CREST PB 17-42 LOT 43 BLK 5 LOT SIZE 7000 SQUARE FEET OR 20218-4405 12 2001 1

Status Change Information

Major Change Timestamp
2026-10-10T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-10-10

More Information

Unit 1 Details

Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished

Unit 1 Lease Description

Occupant Type
Vacant

Unit 2 Details

Baths Full
Yes
Efficiency YN
Yes
Furnished
Unfurnished

Unit 2 Lease Description

Lease Term
Month To Month

Price Calculations

Current Price To SqFt
706.7

Section Details

Parcel Number MLX
1110

Originating Details

Originating System Key
566514123
Originating System ID
M00000151
IDX
Listing Office: Best of Luxury Realty Corp.
Source MLS Verified
Last Updated: October - 11 - 2026
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