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Residential Income
$1,298,000
265 NE 116th St Miami, FL

A12095976

447 of 756 for Sale
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  • Listed On:

    Sep 26, 2026
  • Days on Market:

    16
  • Year:

    1951
  • Taxes:

    $14,669 per year
  • Floor Description:

    Ceramic Floor, Wood
  • Occupancy:

  • Zoning:

  • Parking:

265 NE 116th St Miami, FL 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.

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For Sale Details

  • Floor Description

    Ceramic Floor, Wood

  • Heating Description

    Central, Electric

  • Photo Count

    42

  • Property Type

    Residential Income

  • Terms Considered

    Cash

  • Year Built

    1951

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