Triplex
8848 NW 5th Ave
8848 NW 5th Ave, El Portal FL 33150
$1,050,000
3,311 SqFt
See estimated monthly costThis listing is courtesy of Grant and Associates Real Estate INC. Lavarian Scott Jones
Overview
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.
Facts & features
Interior
- Living area (sq ft)
- 3,311
Building & exterior
- Year built
- 1938
HOA (homeowners association)
- Association fee
- $0
Taxes
- Annual tax
- $13,066
- Tax year
- 2025
- Parcel number
- 30-31-01-002-0240
Listing
- MLS number
- A12088891
- Property type
- Triplex
- Price per SqFt
- $317
- Subdivision
- PL OF HOME ACRES
- On market since
- Sep 14, 2026
- Days on market
- 0
Estimated monthly cost
$7,186 per month
- Principal & interest (30 yr)
- $5,309
- Property tax
- $1,089
- Insurance (estimated)
- $788
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- Providence School
- Dr. Marvin Dunn Academy For Community Education
- Horace Mann Middle
- Prestige Christian Academy
- New Jerusalem Christian Academy
- Worshipers'' House of Prayer Academy
- Early Beginnings Academy North Shore
- Early Beginnings Academy North Shore
- Arcola Lake Elementary
- Jesse J. McCrary Jr. Elementary
- Bola Childcare & Learning Center
- Trinity By Faith Academy
- Sparks Day Care Inc.
- St Marys Cathedral School
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