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.
For sale
$1,265,000
718 NE 87th St, Miami, FL 33138
3beds
2baths
1,790sqft
Duplex
Built in 1937
-- sqft lot
$-- Zestimate®
$707/sqft
$-- HOA
What's special
Remodeled interiorTwo separate living spacesDedicated office or denLaundry roomImpact-resistant windowsWalk-in closet
- 4 days
- 497
- 51
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Iuliia Zohar 305-684-4964,
Best of Luxury Realty Corp.
Source: MIAMI,MLS#: A12104485
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Other
Cooling
- Central Air
Features
- Flooring: Tile
Interior area
- Total structure area: 1,790
- Total interior livable area: 1,790 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
Features
- Stories: 1
- Patio & porch: Open Porch
- Fencing: Fenced
Lot
- Features: 1/4 To Less Than 1/2 Acre Lot
- Residential vegetation: Fruit Trees
Details
- Parcel number: 0132060281111
- Zoning: 4600
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Concrete Block Construction
- Roof: Shingle
Condition
- Year built: 1937
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & HOA
Community
- Subdivision: No Shore Crest
HOA
- Has HOA: No
Location
- Region: Miami
Financial & listing details
- Price per square foot: $707/sqft
- Tax assessed value: $699,463
- Annual tax amount: $13,188
- Date on market: 10/10/2026
- Listing terms: All Cash,FHA,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/9/2026 | Listed for sale | $1,265,000+40.6%$707/sqft |
Source: | ||
| 3/10/2025 | Sold | $900,000-10%$503/sqft |
Source: | ||
| 2/8/2025 | Pending sale | $999,900$559/sqft |
Source: | ||
| 1/17/2025 | Price change | $999,900-13%$559/sqft |
Source: | ||
| 10/25/2024 | Price change | $1,149,900-4.2%$642/sqft |
Source: | ||
| 10/2/2024 | Listed for sale | $1,199,900$670/sqft |
Source: | ||
| 9/22/2024 | Listing removed | $1,199,900$670/sqft |
Source: | ||
| 7/29/2024 | Price change | $1,199,900-2%$670/sqft |
Source: | ||
| 7/11/2024 | Price change | $1,225,000-2%$684/sqft |
Source: | ||
| 5/29/2024 | Listed for sale | $1,250,000+119.3%$698/sqft |
Source: | ||
| 9/11/2020 | Sold | $570,000-5%$318/sqft |
Source: Public Record Report a problem | ||
| 12/13/2019 | Listing removed | $600,000$335/sqft |
Source: Alegre Real Estate #A10774149 Report a problem | ||
| 11/15/2019 | Listed for sale | $600,000+242.3%$335/sqft |
Source: Alegre Real Estate #A10774149 Report a problem | ||
| 6/8/2018 | Listing removed | $4,350$2/sqft |
Source: United Realty Group Report a problem | ||
| 4/6/2018 | Listed for rent | $4,350-3.3%$2/sqft |
Source: Richard H. Cava, Realtor Report a problem | ||
| 5/2/2017 | Listing removed | $4,500$3/sqft |
Source: Richard H. Cava, Realtor #A10257340 Report a problem | ||
| 4/13/2017 | Listed for rent | $4,500+50%$3/sqft |
Source: Richard H. Cava, Realtor #A10257340 Report a problem | ||
| 3/21/2016 | Listing removed | $3,000$2/sqft |
Source: Gary Hennes Realtors Report a problem | ||
| 3/8/2016 | Price change | $3,000-25%$2/sqft |
Source: Richard H. Cava, Realtor #A10030665 Report a problem | ||
| 2/9/2016 | Listed for rent | $4,000$2/sqft |
Source: Richard H. Cava, Realtor #A10030610 Report a problem | ||
| 4/22/2014 | Sold | $175,300+10524.2%$98/sqft |
Source: Public Record Report a problem | ||
| 7/18/2009 | Listing removed | $1,650$1/sqft |
Source: Susan Lawson #M1307372 Report a problem | ||
| 5/23/2009 | Price change | $1,650-5.7%$1/sqft |
Source: Susan Lawson #M1307372 Report a problem | ||
| 4/26/2009 | Listed for sale | $1,750-99%$1/sqft |
Source: Susan Lawson #M1307372 Report a problem | ||
| 2/21/2002 | Sold | $170,000$95/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,738 +5.5% | $624,417 +10% |
| 2024 | $13,016 +3.1% | $567,652 +10% |
| 2023 | $12,626 +11.7% | $516,048 +10% |
| 2022 | $11,300 +15.1% | $469,135 +10% |
| 2021 | $9,821 +42.2% | $426,487 +70.5% |
| 2020 | $6,905 +4.7% | $250,067 +10% |
| 2019 | $6,597 +16.1% | $227,334 +10% |
| 2018 | $5,684 | $206,668 +10% |
| 2017 | $5,684 +3.5% | $187,880 +10% |
| 2016 | $5,490 +10% | $170,800 -10.2% |
| 2015 | $4,991 +69.1% | $190,273 +39.2% |
| 2014 | $2,951 +3.9% | $136,727 +6.3% |
| 2013 | $2,842 | $128,586 -3.5% |
| 2012 | $2,842 -20.2% | $133,297 -15.2% |
| 2010 | $3,562 -52.6% | $157,227 -49.3% |
| 2007 | $7,520 +27.9% | $310,069 |
| 2006 | $5,878 | -- |
| 2005 | $5,878 +21.7% | -- |
| 2004 | $4,832 +59% | -- |
| 2003 | $3,040 +63% | -- |
| 2001 | $1,865 | -- |
Find assessor info on the county website
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