265 NE 116th St, Miami, Florida, United States, 33161

1,298,000
for Sale

About the property:

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 Type:
Multi Family Home
Status:
for Sale
House Style:
Detached
Square Feet:
2860
Central A/C:
Yes
Central A C Details:
Central Air, Electric
Garage And Parking:
6
Heating:
Central, Electric
Exterior:
Room For Pool
Directions:
North on NE 2nd Avenue to 116th Street; make a right.
Association Fee:
0
Is Pool:
Yes
Is Garage:
Yes
Is New Kitchen:
Yes
Is New Construction:
Yes
Listing ID:
A12095976

Rooms

Dimensions

Brokered by:
Avanti Way Realty
Presented By: