265 Ne 116th Street, Miami, FL

$1,298,000

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2,860

Square feet

About 265 Ne 116th Street

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.

Features of 265 Ne 116th Street

MLS® # A12095976
Price $1,298,000
Square Footage 2,860
Year Built 1951
Type Multi-Family
Sub-Type Duplex
Status New

Community Information

Address 265 Ne 116th Street
Area 2220
Subdivision TRESULEE
City Miami
County Miami-Dade
State FL
Zip Code 33161
HOPA No Hopa

Amenities

Utilities Cable Available
Is Waterfront No
Has Pool No

Interior

Heating Central, Electric, Separate Meters
Cooling Central Air, Electric
# of Stories 1

Exterior

Lot Description Room for Pool
Roof Shingle
Construction Block, CBS

School Information

Elementary Gratigny
Middle North Miami
High North Miami

Additional Information

Zoning 0100
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeAvanti Way Realty LLC

Listing Map

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