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8640 NE 2nd Ave 2,696 SF Office Building El Portal, FL 33138 $1,295,000 ($480.34/SF)
Executive Summary
INVESTOR / OWNER-USER OPPORTUNITY IN EL PORTAL! Prime location minutes to Miami Shores, Design District, Wynwood & Downtown. Versatile two-unit property ideal for income or live/work use. One 2BR/1BA unit plus spacious 3BR/2BA with great layout and closet space. Features impact windows, central A/C, terrazzo floors, ample parking, and large yard with room to expand or add a pool. Strong rental demand and long-term upside. Perfect for an office/residence combo or dual-income investment in one of Miami’s fastest-growing neighborhoods. Excellent opportunity for professional office use including legal, design, wellness, consulting, or boutique business seeking a high-visibility yet residential setting. Flexible layout allows private offices, reception areas, or conference space while maintaining residential income potential. Separate entrances offer privacy and functionality for multiple uses. Ideal for 1031 exchange buyers, long-term hold investors, or end users wanting to secure property in a rapidly appreciating corridor. Close to major roadways, dining, retail, and area redevelopment driving continued value and demand.
Property Facts Under Contract
Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
2,696 SF
Building Class
C
Year Built
1969
Price
$1,295,000
Price Per SF
$480.34
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,696 SF
Building FAR
0.36
Lot Size
0.17 AC
Zoning
4800 - Planned Residential Office
Parking
5 Spaces (1.85 Spaces per 1,000 SF Leased)
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 18-3101-031-0290 | Improvements Assessment | $365,289 |
| Land Assessment | $473,850 | Total Assessment | $839,139 |
Property Taxes
Parcel Number
18-3101-031-0290
Land Assessment
$473,850
Improvements Assessment
$365,289
Total Assessment
$839,139
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Presented by
Robert Bourne Real Estate Llc
8640 NE 2nd Ave
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