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: