Virtual TourMap

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

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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

  1. Listing updated with changes from the MLS®
  2. Status changed to Active
  3. Price changed to $1,298,000
  4. Listing first seen on site

Friends & Family

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Listing courtesy of Avanti Way Realty LLC (305) 331-4464

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-05 11:49 PM EST

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