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265 NE 116th, Miami, FL 33161

Miami
Local realty services provided by:CENTURY 21 Move With Us
265 NE 116th,Miami, FL 33161
$1,298,000
Virtual Tour
  • - Beds
  • - Baths
  • 2,860 sq. ft.
  • Multi-family
  • Active
Listed by: helene calini
Office: avanti way realty llc.
MLS#:A12095976
Source:FL_RAMC

Price summary

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

About this home

Income producing duplex + Cottage on a rare 12,750 SF lot (75' x 170') in a high-demand rental pocket between Biscayne Park and Miami Shores, on a block transforming with new construction. Fully occupied with strong consistent rental history - Income details in the broker remarks.The fully renovated front duplex offers two turnkey 2-bed/1-bath units, (~900 SF each) with new kitchens, new bathrooms, and in-unit laundry. A detached permitted rear structure adds exceptional flexibility -garage, studio, gym, office or guest space- l plus additional income potential. 6 parking spaces, concrete block construction (1951) and a deep backyard with mature trees creating a private, compound-style setting. Significant land value with redevelopment upside given lot size and neighborhood trajectory. Ideal for investors, multigenerational buyers and builders - live in one unit, rent the others, and hold for land. Turnkey income from day one.

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Home facts

  • Year built:1951
  • Subdivision & Development:TRESULEE
  • Listing ID #:A12095976
  • Added:47 day(s) ago
  • Updated:November 12, 2026 at 05:45 PM

Rooms and interior

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

Heating and cooling

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

Structure and exterior

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

Finances and disclosures

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

Features and amenities

  • Amenities:Blinds, Storm Windows

Parking

  • Total parking spaces:6
MLS LogoThe data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor<REGISTERED_LOGO> Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than CENTURY 21 Move With Us are marked with the IDX logo (Broker Reciprocity) or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.

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