265 NE 116th Street, Miami, FL 33161

$1,298,000
2,860
SqFt

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List Price
$1,298,000
MLS#
A12095976
Sq. Ft
2,860
Subtype
Duplex
County
Miami-Dade
Subdivision
Tresulee
Year Built
1951

Property Description

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.

Additional Information

Construction
Block
Cooling
Central Air, Electric
Flooring
Ceramic Tile, Laminate, Wood
Heating
Central, Electric, Separate Meters
Roof
Shingle
Taxes
$14,669
Utilities
Cable Available
Stories
1
Price Per Sqft
$453

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Calculator source: Real Geeks

Listing courtesy of Avanti Way Realty LLC. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Helene Calini | Email: helene.calini@gmail.com