265 NE 116th St, Miami, FL 33161
265 NE 116th St, Miami, FL 33161
265 NE 116th St, Miami, FL 33161
265 NE 116th St, Miami, FL 33161
265 NE 116th St, Miami, FL 33161
265 NE 116th St, Miami, FL 33161
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$ 1,298,000
Est. payment | /mo

2,860 SqFt


$ 1,298,000
Est. payment | /mo

2,860 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,860 sqft

Price per Sqft $453

Subdivision Tresulee

MLS Listing ID A12095976

HOA Y/N No

Year Built 1951

Annual Tax Amount $14,669

Tax Year 2025

Property Sub-Type Duplex

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.

Location

State FL

County Miami-dade

Community Tresulee

Area 22

Zoning 0100

Direction North on NE 2nd Avenue to 116th Street; make a right.

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Ceramic Tile, Hardwood, Laminate, Wood

Window Features Blinds,Impact Glass

Exterior

Exterior Feature Deck, Fence, Security/High Impact Doors, Room For Pool

Pool None

Community Features Laundry Facilities

Utilities Available Cable Available

Roof Type Shingle

Porch Deck

Total Parking Spaces 6

Private Pool No

Building

Lot Description 1/4 to 1/2 Acre Lot

Story 1

Sewer Septic Tank

Level or Stories One

Structure Type Block

Others

Tax ID 30-22-31-040-0050

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12095976

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Avanti Way Realty LLC

Nearby Locations

GET MORE INFORMATION

Andrea Smith
Andrea Smith

Broker License ID: 383400

+1(404) 447-1935

5555 Glenridge Conn Ste. 200, Atlanta, Georgia 30342, United States

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265 NE 116th St