Home/Search/265 NE 116th St, Miami FL 33161
265 NE 116th St, Miami FL 331611 / 42
For Sale
Duplex

$1,298,000

265 NE 116th St, Miami FL 33161

2

Units

3,262

Building SF

0100

Zoning

About This Property

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.

Property Details

MLS #:A12095976
Price:$1,298,000
Status:For Sale
Days on Market:22
Date Listed:Sep 17, 2026
Living Area:2860 sqft
Building Area:3262 sqft
Price per Sqft:$454/sqft
Year Built:1951
Property Type:Residential Income
Property Sub Type:Duplex

Heating:Central, Electric
Cooling:Central Air, Electric
Flooring:Ceramic Floor, Wood
Window Features:Blinds, High Impact Windows
Door Features:High Impact Doors
Stories:1
Virtual Tour:Available

Architectural Style:Detached
Construction Materials:Concrete Block Construction, CBS Construction
Structure Type:Duplex
Roof:Shingle
Exterior Features:Room For Pool
Patio/Porch:Deck
Fencing:Fenced
Lot Features:1/4 To Less Than 1/2 Acre Lot
Sewer:Septic Tank

Total Parking:6

Area/Region:Tresulee
Zoning:0100

Price per Sqft:$454/sqft
Annual Tax Amount:$14,669
Tax Year:2025
Listing Terms:Cash
Possession:Before Closing, Rental Agreement
Parcel Number:30-22-31-040-0050
Legal Description:TRESULEE PB 7-141 LOT 11 & E1/2 LOT 10 BLK 1 LOT SIZE 75.000 X 170 OR16803-3260/23813-70 0595 5
REsource

REsource

Real Estate Source Company

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Location

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Listing courtesy of Avanti Way Realty LLC. Data last updated October 9, 2026 at 01:37 PM.