Duplex in 265 NE 116th St Miami for sale with MLS# A11971232
Fully renovated, income producing duplex with separate cottage, located close to Barry University. This turnkey multi family property is ideal for investors seeking strong rental income in a high demand area with additional upside potential. The property has been thoughtfully updated with new kitchens and baths, plus washer and dryer in each unit, offering clean, modern living spaces. In addition to the duplex, there is a detached cottage in the rear that allows for additional rental income, creating a flexible income producing setup within one property. Currently generating $8500 per month, this property presents an established income stream in a thought after pocket, between Biscayne Park and Miami Shores that continue to see consistent rental demand driven by students, faculty and local professionals. A solid, renovated asset in a proven rental market, with strong appreciation potential.
265 NE 116th St, Miami, FL 33161
- Price:
- $1,398,000.00
- Original List Price:
- $1,398,000.00
- Rent Includes:
- Trash Collection, Gardener, Pest Control
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Duplex
- MLS Number:
- A11971232
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- March 25, 2026 8:35 am
- Living Area:
- 2,860 Sqft
- Built-Up Area:
- 3,262 Sqft
- Lot Size Unit:
- Square Feet
- Lot Features:
- Quarter To Half Acre Lot
- Waterfront:
- No
- Exterior:
- Deck, Fence, Room For Pool, Security High Impact Doors
- Patio and Porch:
- Deck
- Windows:
- Blinds, Impact Glass, Impact glass, Impact Glass
- Air Conditioning
- Air Conditioning System:
- Central Air, Electric
- Heating
- Heating System:
- Central, Electric
- Year Built:
- 1951
- Year Built Details:
- Resale
- Roof:
- Shingle
- Levels:
- One
- Construction Materials:
- Block
- Flooring:
- Wood, Laminate, Ceramic Tile, Hardwood
- Stories:
- 1
- Tax Annual Amount:
- $14,669.00
- Tax Year:
- 2025
- Property Tax Status:
- Tax Reflects No Exemptions
- Parking Total Spaces:
- 5
- Covered Spaces:
- 0
- Sewer:
- Septic Tank
- Utilities Available:
- Cable Available
- Subdivision Name:
- TRESULEE
- Community Features:
- Laundry Facilities
- Senior Community:
- No
- Documents Available:
- Other, Rent Rolls, Lease
- Disclosures:
- Owner Is Listing Agent
- Listing Terms Considered by Seller:
- Cash
- Occupant Type:
- Tenant
- Buyer Possession:
- Before Closing, Subject To Tenant Rights
- Tax Legal Description:
- TRESULEE PB 7-141 LOT 11 & E1/2 LOT 10 BLK 1 LOT SIZE 75.000 X 170 OR16803-3260/23813-70 0595 5
- Real Estate Folio Number (Parcel Number):
- 30-22-31-040-0050
- Zoning Description:
- 0100
- Originally published on:
- March 25, 2026 8:35 am
- Active on the market since:
- February 27, 2026
- Price change occurred on:
- February 24, 2026 11:26 am
- Listing Status Last Changed On:
- March 25, 2026 8:35 am
- Photos updated on:
- March 26, 2026 1:08 am
- Last Modified:
- March 30, 2026 3:11 pm
- Flood Zone:
- X
- Type of Association:
- None
- Style:
- Duplex
- Municipal Code:
- 30
- Subdivision Number:
- 40
- Courtesy of:
- Avanti Way Realty LLC
- Attribution:
- Not provided
- Street Name:
- 116th St
- Street Number:
- 265
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33161
- County:
- Miami-Dade
- Latitude:
- N25° 52' 53.7''
- Longitude:
- W81° 48' 27''
- Street Direction Prefix:
- NE
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
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