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265 NE 116th Street, Miami, FL 33161

$1,298,000
2,860
SqFt
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List Price
$1,298,000
Days on Market
52
MLS#
A12095976
Sq. Ft
2,860
Subtype
Duplex
County
Miami-Dade
Subdivision
Tresulee
Year Built
1951
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Property Description

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.

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Additional Information

Construction
CBS (Concrete Block Structure), 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
Elementary School
Gratigny
Middle School
North Miami
High School
North Miami
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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