8848 NW 5th Ave
El Portal, FL 33150
$1,100,000
$332/ft²
About this home
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
Listing
- MLS #
- A11942806
- Status
- For sale
- Listed on
- Jan 14, 2026
- Days on market
- 208 days
- Listing data updated
- Aug 8, 2026
Interior
- Beds
- 6
- Baths
- 3
- Living area
- 3,311 ft²
- Price per ft²
- $332/ft²
Building & community
- Type
- Single-family home
- Year built
- 1938
- County
- Miami-Dade
Lot & exterior
- Lot size
- 23,797 ft²
Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.
True monthly cost
- Mortgage (principal & interest)
- $5,562
- Property taxes (est.)
- $1,008
- Home insurance (est.)
- $600
- Flood insurance (est.)
- —
Estimated total$7,170*/mo
* Some cost lines aren't available yet for this listing; the total shown is incomplete.
Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.
Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.
What will this home really cost you?
Location
Mortgage calculator
$5,562/moEstimated principal & interest. Taxes, insurance, and HOA are not included. This is an estimate, not a quote or financial advice.
This listing is courtesy of Grant and Associates Real Estate INC.
Oregna Harris · 754-837-0116 · oregna1974@gmail.com · 754-701-0275
Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Similar homes nearby
1 / 63D tour$1,095,000$545/ft²
460 NW 88th Ter
El Portal, FL 33150
349 days on market
1 / 63D tour$1,049,900
311 NE 90th St
El Portal, FL 33138
203 days on market
1 / 6NEW3D tour$995,000
8635 N Miami Ave
El Portal, FL 33150
10 days on market
1 / 63D tour$973,000$713/ft²
8850 NE 4th Ave
El Portal, FL 33138
136 days on market