265 NE 116th St For Sale
Property Details
| Asking Price | $1,298,000 |
|---|---|
| Price per SqFt | $454 |
| Property Taxes | $14,669 2025 |
| Interior Space | 2,860 SqFt |
| Beds/Baths | —/— |
| Year Built | 1951 |
| MLS # | A12095976 |
Location
From the listing
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.
Listed by Avanti Way Realty LLC
What It Costs to Own
Monthly, before a mortgage and insurance
Taxes $14,669 for 2025. MLS figures, which may not be accurate.
Sales History for This Home · 265 NE 116th St
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A10564962 | $288,000 | 2/22/19 |
Listed by Avanti Way Realty LLC. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
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265 NE 116th St, Miami · MLS A12095976 · $1,298,000
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.