2239 NW 87th Street

2239 NW 87th Street, Miami, FL 33147

Property Information

  • For Sale $1,460,000
  • Property Type Multi-Family
  • Property Size 3,865 SF
  • Units 8
  • Lot Size 0.23 Acre
  • Year Built 1956
  • Date Updated Oct 8, 2026

Description

Conveniently located just west of NW 22nd Avenue, the property provides residents with easy access to major transportation corridors, employment centers, shopping, dining, and essential services throughout Miami-Dade County. Interstate 95 is approximately 2.2 miles from the property, providing convenient connectivity throughout South Florida and access to major employment and commercial centers. The Tri-Rail/Metrorail Transfer Station, also approximately 2.2 miles away, provides access to Miami’s Metrorail system as well as Tri-Rail’s regional service connecting Miami with Broward and Palm Beach counties. Residents benefit from a wide variety of nearby retail and everyday conveniences. Northside Shopping Center, located approximately 0.9 miles from the property, features a Florida Department of Motor Vehicles location, Walgreens, Presidente Supermarket, Citi Bank, McDonald’s, Dollar Tree, and other neighborhood-serving retailers. Located practically across the street is a Walmart-anchored shopping center featuring additional conveniences including 7-Eleven, Dunkin’ Donuts, and Ross Dress for Less. 2239 NW 87th Street represents an attractive opportunity to acquire an established 8-unit multifamily asset with strong in-place cash flow, an approximate 7% cap rate, a predominantly Section 8 tenant base, significant 2025 capital improvements, a new septic and drain field system, and a convenient northern Miami location.

Contacts

Location

Located at 2239 NW 87th Street, Miami, FL 33147, this property is part of the West Little River neighborhood and Miami market.

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