265 NE 116th St, Miami, FL 33161

Miami
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
265 NE 116th St,Miami, FL 33161
$1,398,000
Virtual Tour
  • - Beds
  • - Baths
  • 2,860 sq. ft.
  • Multi-family
  • Active
Listed by: helene calini
Office: avanti way realty llc.
MLS#:A11971232
Source:SEFMLS

Price summary

  • Price:$1,398,000
  • Price per sq. ft.:$428.57

About this home

Fully renovated, income producing duplex with separate cottage, located close to Barry University. This turnkey multi family property is ideal for investors seeking strong rental income in a high demand area with additional upside potential. The property has been thoughtfully updated with new kitchens and baths, plus washer and dryer in each unit, offering clean, modern living spaces. In addition to the duplex, there is a detached cottage in the rear that allows for additional rental income, creating a flexible income producing setup within one property. Currently generating $8500 per month, this property presents an established income stream in a thought after pocket, between Biscayne Park and Miami Shores that continue to see consistent rental demand driven by students, faculty and local professionals. A solid, renovated asset in a proven rental market, with strong appreciation potential.

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Home facts

  • Year built:1951
  • Listing ID #:A11971232
  • Updated:March 31, 2026 at 11:31 PM

Rooms and interior

  • Flooring:Ceramic Tile, Hardwood, Wood
  • Living area:2,860 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1951
  • Building area:2,860 sq. ft.
  • Construction Materials:Block
  • Exterior Features:Deck, Fence, Room For Pool, Security High Impact Doors
  • Levels:1 Story

Utilities

  • Sewer:Septic Tank

Finances and disclosures

  • Price:$1,398,000
  • Price per sq. ft.:$428.57
  • Tax amount:$14,669 (2025)

Features and amenities

  • Amenities:Blinds, Impact Glass Windows

Parking

  • Total parking spaces:5
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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