Active · Triplex
$1,050,000
8848 NW 5th Ave, El Portal, FL 33150
- Beds
- —
- Baths
- 0
- Living area
- 3,311 sq ft
- $ / sq ft
- $317/sq ft
- Year built
- 1938
- Lot size
- —
- HOA fee
- —
- Annual tax
- $13,066
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.
Interior & exterior features
Cooling
- Wall Window Units
Heating
- Wall Furnace
Pool
- None
Flooring
- Concrete
roof
- Concrete
construction
- Other
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
$1,283
- Cap rate
- 7.2%
- Net yield
- 7.2%
- Cash-on-cash return
- 5.2%
- Gross yield
- 10.1%
- Mortgage payment
- $4,978/mo
- Down payment
- $262,500
- Loan amount
- $787,500
- Annual NOI
- $75,132
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.