265 NE 116th St Miami FL 33161 | MLS #A12095976
265 NE 116th St
Miami, FL, 33161
$1,298,000
Beds
0 Baths
2,860 SqFt
0 Acres
$1,298,000
265 NE 116th St
Miami, FL, 33161
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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

Price:
$1,298,000
MLS #:
A12095976
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Duplex
Subdivision:
TRESULEE
Neighborhood:
tresulee
Listed Date:
Sep 17, 2026
Finished Sq Ft:
2,860
Total Sq Ft:
3,262
Year Built:
1951
Units:
2
DetachedTresuleeTresuleeTresulee

Schools

Interior

Cooling
Central Air, Electric
Flooring
Ceramic Floor, Wood
Heating
Central, Electric

Exterior

Architectural Style
Detached
Building Features
Laundry Facility
Construction Materials
Concrete Block Construction, CBS Construction
Exterior Features
Room For Pool
Fencing
Fenced
Lot Features
1/4 To Less Than 1/2 Acre Lot
Parking Spots
6
Parking Total
6
Patio And Porch Features
Deck
Roof
Shingle
Stories
1
Window Features
Blinds, High Impact Windows

Financial

Tax Year
2025
Taxes
$14,669
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Map

Current real estate data for Multi Family in Miami as of Sep 30, 2026
522
Multi Family Listed
151
Avg DOM
475
Avg $ / SqFt
$1,192,739
Avg List Price

Community

Subdivisions in Miami

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Property Summary

    Located in the TRESULEE subdivision, 265 NE 116th St Miami FL is a Multi Family for sale in Miami, FL, 33161. It is listed for $1,298,000
265 NE 116th St
Miami, FL