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    8295 NE Miami Ct Miami, FL 33138

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    For Sale
    $1,299,000

    Multifamily property with redevelopment potential in a rising Miami corridor.

    Lot size:
    0.18 Acres

    Property Features for 8295 NE Miami Ct

    General Information

    Lot size
    0.18 Acres

    Building Details

    Year built
    1972

    Source: Fausto Commercial Realty Consultants Inc Agent Mauricio Villasuso

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Investment in Opportunity Zone

    This multifamily investment property, located in an Opportunity Zone, was built in 1972. The property has a total area of 4,540 square feet and is situated on an 8,000 square foot lot. It features T5-O zoning. The building comprises a mix of residential units, including one 2-bedroom/1-bath unit and five 1-bedroom/1-bath units. The property includes new AC units, glass sliding doors, and four balconies. There are nine parking spaces available. The property benefits from strong rents and high Section 8 income. A concrete roof contributes to low expenses by minimizing wind insurance costs. The 40-year recertification was completed in 2023. The property offers potential for market rent increases and redevelopment, providing both cash flow and long-term growth in a rapidly developing Miami corridor.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.196233
    Latitude
    25.851382

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    FAQs

    What type of property is this?
    Apartment building - Multifamily property with redevelopment potential in a rising Miami corridor.
    Where is this apartment building located?
    The property is located at 8295 NE Miami Ct Miami, FL.
    What is the asking price?
    The asking price for this property is $1,299,000.
    What are key features of this property?
    This property features: - Opportunity Zone location with tax incentives; - Strong rents and high Section 8 income; - T5-O zoning with redevelopment potential
    (305) 340-8901
    Request Owner's contact information
    8295 NE Miami Ct Miami, FL 33138
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8295 NE Miami Ct Miami, FL 33138
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