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+30 photosLuxury home — 940 NE 85th Street · Biscayne Heights · Miami
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Open property magazine$900,000
940 NE 85th Street, Miami, FL 33138
Miami, FL, 33138
3 bd · 2 ba · 1,475 sqft
Listed by Elliot L. Miller, P.A.
940 NE 85th Street, Miami, FL 33138
Listed by Elliot L. Miller, P.A.
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Estimated monthly payment
$6,105/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $6,105/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: AE · verify insurance quotes before buying.
About this home
Find similar homesWelcome to 940 NE 85th Street, a beautifully updated 3-bedroom, 2-bath home tucked away on a quiet residential street in Miami’s desirable Shorecrest neighborhood. Located east of Biscayne Boulevard, this home offers an exceptional combination of a peaceful residential setting and convenient access to some of Northeast Miami’s most sought-after communities. Step inside to find new flooring throughout and tastefully renovated bathrooms, creating a fresh, modern feel while maintaining the warmth and character of a classic Miami home.Location is one of this property’s greatest advantages. Shorecrest is ideally positioned among some of Miami’s most established and upscale residential neighborhoods, including Miami Shores, Davis Harbor, Belle Meade, Bay Point and Morningside. This highly desirable stretch of Northeast Miami is known for its tree-lined residential streets, beautiful homes and proximity to Biscayne Bay. Just minutes away are the restaurants, cafés and shops along the Biscayne Boulevard corridor and MiMo District, with the Miami Design District, Midtown, Wynwood and Miami Beach all within easy reach.Set on a generous lot with plenty of outdoor space, 940 NE 85th Street offers an outstanding opportunity for a buyer seeking a move-in-ready home with room to personalize and add value over time. Updated interiors, a quiet neighborhood setting and proximity to some of Miami’s premier residential communities make this property an attractive opportunity.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
Price reduced 10%
The seller has come down from $995,000 to $900,000 — a $95,000 reduction since it came on the market.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
Your costs (est.)
≈ $6,105/mo
940 NE 85th Street, Miami, FL 33138 · Miami
Location
940 NE 85th Street, Miami, FL 33138
What buyers ask about this home
What are the estimated monthly carrying costs at 940 NE 85th Street, Miami, FL 33138?+
Property tax (after sale): $1,064/month est.; homeowners insurance: $371/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $1,435/month est. Principal and interest: $4,670/month; PMI: $0/month. Total for the payment scenario shown: $6,105/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 940 NE 85th Street, Miami, FL 33138?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 940 NE 85th Street, Miami, FL 33138 need flood insurance, and what drives the premium?+
Most of Miami sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 940 NE 85th Street, Miami, FL 33138?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type (cast iron and polybutylene are common in homes of this era), and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 940 NE 85th Street, Miami, FL 33138?+
This listing has been on the market 49 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Miami. Distinct neighborhoods, local dining and shopping, with downtown, Brickell and MiamiCentral as everyday destinations.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Phyllis R. Miller Elementary School
Elementary · 0.2 mi from this home · 840 Ne 87Th St, Miami
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
Mater Biscayne Academy North Miami Middle School
Middle school · Charter · Grades 6–8 · North Miami
Archdiocese Of Miami Virtual Catholic School
Pre-K & Kindergarten · Private · Catholic · Grades K–12 · Miami Shores
Advance Christian Academy
Pre-K & Kindergarten · Private · Christian · Grades K–12 · North Miami
Mcdonalds Playworld Community Development Inc Dba
Pre-K & Kindergarten · Private · Grades K–12 · Miami
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
The home, in a magazine
A closer look at this home and its lifestyle — dedicated to you and your family.
Open the magazine
Simon Gedz
Realtor® since 1995
Interested in this property?
$900,000 · MLS A12095549
$900,000
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