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8848 NW 5th Ave El Portal, FL 33150

$1,050,000
(Short Sale) - Active / MLS# A12088891 / Multi Unit - Multiple / El Portal
0 Beds
3311 SqFt

Rare opportunity in the heart of El Portal. Unique triplex-style property consisting of 3 separate structures situated on an oversized lot, offering strong upside for investors and developers. Each unit is independently configured, providing flexibility for rental strategy, value-add renovations, or future redevelopment. Ideal for an investor seeking multiple income streams, expansion potential, or a long-term hold in a high-demand neighborhood with ongoing appreciation. Zoning and lot size may allow for additional improvements or reconfiguration (buyer to verify). Property is being sold as-is. Cash or renovation financing preferred. Survey is available. Prime location with proximity to Miami Shores, Biscayne Blvd, and major transit corridors. Do not miss this one-of-a-kind investment opportunity with growth potential in a sought-after area. Showings by appointment only. Buyer to perform all due diligence.

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Estimated Payment

$ 4,096.86 per month $2,701.77 Principal & Interest $1,088.83 Property Tax $306.25 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Window/Wall
Roof Type: Concrete
Stories: 1.0
Taxes: $13,066
Year Built: 1938

Feature Descriptions

Crops Included Y/N: No
Flooring: Concrete
HOA Fee: 0
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: All Cash, Conventional, FHA, VA Loan
Lot: Less Than 1/4 Acre Lot
Parcel#: 30-31-01-002-0240
Property Attached Y/N: No
Property Sub-Type: Triplex
Sewer: Septic Tank

Location

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Listing Office: Grant and Associates Real Estate INC

Listing Office Phone: 754-701-0275

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