For SaleDuplexActive
265 NE 116th St
Miami, FL 33161
$1,298,000
50 Days On Site
- 2,860Sq Ft
- $454Per Sq Ft
- 1951Built
- Subdivision
- Tresulee
- County
- Miami-Dade
- MLS®
- A12095976
Overview
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.
Listing Snapshot
- Price
- $1,298,000
- Days On Site
- 50 Days
- Bedrooms
- N/A
- Inside Area (SqFt)
- 2,860 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- 0
- Lot Size
- N/A
- Year Built
- 1951
- MLS® Number
- A12095976
- Status
- Active
- Property Tax
- $14,669 (2025)
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- N/A
Property Details
General Features
8 items
- Disclosures
- Owner Is Listing Agent
- Levels
- One
- Parking Spaces
- 6
- Property Sub Type
- Duplex
- Sewer
- Septic Tank
- SqFt Total
- 3,262
- Utilities
- Cable Available
- Zoning
- 0100
Interior Features
5 items
- Cooling
- Central Air, Electric
- Flooring
- Ceramic Tile, Hardwood, Laminate, Wood
- Heating
- Central, Electric
- Laundry Features
- Common Area
- Window Features
- Blinds
Exterior Features
6 items
- Construction Details
- Block, Concrete
- Fencing
- Fenced
- Patio And Porch
- Deck
- Pool Features
- None
- Roof
- Shingle
- Windows/Doors
- Blinds
Community Features
2 items
- MLS Area
- 22
- Financing Terms Available
- Cash
Location
265 NE 116th St, Miami, FL 33161 · 22
Neighborhood & Commute
ZIP Code 33161
- Median household income
- $53,375
- Income per person
- $24,955
- Households
- 17,323
- Average household size
- 2.88
- Median age
- 39.6
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Price & Status History
- Listing updated with changes from the MLS®
- Status changed to Active
- Price changed to $1,298,000
- Listing first seen on site
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