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700 NE 87th St
Pending
Single Family
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$995,900

$447/sqft

700 NE 87th St, Miami

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5 bd·3 ba·2,226 sqft
Built 19377,000 sqft lotShorecrest

700 NE 87th St, Miami, FL

5 bd · 3 ba · 2,226 sqft Single Family listed at $995,900, built in 1937 in the Shorecrest neighborhood.

About this home

Step into a charming 1930s mediterranean revival just on the edge of Miami Shores and El Portal in the Shorecrest neighborhood of Miami. Property features a 3/2 main house adorned with vaulted ceilings original wood floors and a captains window. In the rear you will find contemporary detached structure housing two bedrooms one bathroom with a separate full kitchen and open concept living area. Versatile use as guest house, income property or a future pool house. See attachment for approved plans for an in ground swim spa. Feel secure with impact windows, doors, and new roofs on both structures. The upgrades continue with new electrical, plumbing and mechanical. Walking distance to shops on Biscayne, parks and elementary school.The flexible T5r zoning allows for expansion or a home business.

Property details

Price
$995,900
Bedrooms
5
Bathrooms
3
Interior
2,226 sqft
Price / sqft
$447
Year built
1937
Lot size
7,000 sqft
Type
Single Family
Days on market
51
Est. property tax
$8,565/yr · $714/mo · 0.86% FL avg
Last sold
$770,000 · May 2022

Estimated monthly payment

Down payment20% ($199,180)
Interest rate6.75%
Principal & Interest$5,168
Property Tax$913
Insurance$150
Total$6,230/mo

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Price history

7.8%Most recent change on 2026-03-12: $1,080,000$995,900.

$1.12M$860K$596K$640K on Jul 16 (Initial list)$640K on Jul 16 (Price change)$800K on Mar 22 (Initial list)$770K on May 22 (Sold)$1.08M on Mar 26 (Initial list)$996K on Mar 26 (Price change)
$640K · Jul 16$996K · Mar 26
  1. Mar 12, 2026$995,900Price change
  2. Mar 5, 2026$1,080,000Initial list price
  3. May 2, 2022$770,000Sold
  4. Mar 2, 2022$800,000Initial list price
  5. Jul 25, 2016$640,000Price change
  6. Jul 22, 2016$640,000Initial list price

Location

This home is located in Miami, FL, in the South Florida area. Browse more Miami listings on the Miami market page or explore the full Miami market report.

Home Intelligence

Neighborhood (zip 33138)

Median age is 41.3; 25% hold a bachelor's degree; 49% of homes are owner-occupied; median household income is $58,990.

Median income
$58,990
Median age
41.3
Owner-occupied
48.8%
Bachelor's degree
25.0%
Census median home value
$604,300

Source: US Census Bureau American Community Survey 5-year estimates.

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