265 NE 116th St, Miami, FL, 33161
265 NE 116th St, Miami, FL, 33161 - Image 2265 NE 116th St, Miami, FL, 33161 - Image 3265 NE 116th St, Miami, FL, 33161 - Image 4265 NE 116th St, Miami, FL, 33161 - Image 5

265 NE 116th St, Miami, FL, 33161

4 bedrooms · 2 baths · 2,860 sq.ft.

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.

Information

Property typeMulti Family
Size2,860 sq.ft.
Year built1951
Stories1
Price per sq.ft.USD 454
Last sold2019-02-22
Last sold priceUSD 288,000
CountyMiami-Dade
ZIP code33161
LocationMiami, United States

USD 1,298,000

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Where it's located

Miami, United States

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