718 NE 87th Street, Miami, FL 33138

$1,265,000

• 1,790 sqft
• Built 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.

Listing courtesy of Best of Luxury Realty Corp..