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
$1,298,000
  • - Beds
  • - Baths
  • 2,860 sq. ft.
  • Multi-family
  • Active
Listed by: helene calini
Office: avanti way realty llc.305-229-1146
MLS#:A12095976
Source:SEFMLS

Price summary

  • Price:$1,298,000
  • Price per sq. ft.:$397.92

About this home

Rare 12,750 SF lot (75' x 170') in a high-demand rental pocket between Biscayne Park and Miami Shores — a block actively transforming, with new construction nearby. Fully renovated front duplex (two 2BR/1BA units, ~900 SF each) features new kitchens, new bathrooms, and in-unit laundry — clean, modern, move-in ready. A detached cottage at the rear adds flexible additional living space and income potential, with six parking spaces total. Currently producing $8,600/month with strong, consistent occupancy. Deep backyard with mature trees creates a private, compound-style setting. Concrete block construction, built 1951. Significant land value and redevelopment upside given lot size and neighborhood trajectory. Ideal for investors, multigenerational buyers, builders, or anyone wanting a home providing income plus room to grow.

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Home facts

  • Year built:1951
  • Subdivision & Development:TRESULEE
  • Listing ID #:A12095976
  • Updated:September 26, 2026 at 01:59 AM

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:$1,298,000
  • Price per sq. ft.:$397.92
  • Tax amount:$14,669 (2025)

Features and amenities

  • Amenities:Blinds, Impact Glass Windows

Parking

  • Total parking spaces:6
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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