$1,050,000

For sale

8848 NW 5th Ave, El Portal FL 33150

3,311 sq ftBuilt 1938MLS# A12088891

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About this property

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.

Property details

Property type
Multi-family
Year built
1938
Living area
3,311 sq ft
Price per sq ft
$317
HOA fee
/mo
Property taxes
$13,066/yr
Parking
3 spaces
Building / community
Pl Of Home Acres
Status
For sale
MLS #
A12088891

Listing courtesy of Grant and Associates Real Estate INC.

Location

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