Duplex in 265 NE 116th Street, Miami, FL 33161 for sale with MLS# A11971232

Renovated income producing property on a rare 12,750 sq ft lot in a high demand North Miami location near Miami Shores and Barry University. Front duplex features new kitchens and bathrooms, and in unit laundry, offering clean, modern living spaces. Additional detached structure provides flexible use and added income potential. Spacious backyard with mature trees creates a private, compound style setting rarely found in multifamily properties. Currently generating $8,500 per month with strong rental demand and consistent occupancy in the area. Large lot offers long term upside. and future potential. Ideal for Investors, multigenerational living, or buyers seeking the flexibility to combine living, working, and income potential within one versatile property.

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265 NE 116th Street, Miami, FL 33161

Price
Price:
$1,298,000.00
Original List Price:
$1,398,000.00
List Price per Sq Ft (Calculated, Approx.):
$453.84
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Duplex
Description of Last Important Update:
Price Reduced
Last Major Update on:
May 17, 2026 9:23 pm
Measures
Living Area:
2,860 Sqft
Built-Up Area:
3,262 Sqft
Lot Features:
Room For Pool
Property Features
Waterfront:
No
Patio and Porch:
Deck
Laundry:
Outside
Air Conditioning
Air Conditioning System:
Central Air, Electric
Heating
Heating System:
Central, Electric, Separate Meters
Fence:
Fenced
Storm Protection Impact Glass:
Partial
Construction
Year Built:
1951
Roof:
Shingle
Number of Units Total:
2
Levels:
Two
Construction Materials:
Block, CBS
Flooring:
Wood, Laminate, Ceramic Tile
Number of stories:
1
Structure Type:
Duplex
Number of Units in the Community or Building:
2
Flood Zone Code:
X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$14,669.00
Tax Year:
2025
Property Tax Details:
Tax Reflects No Exemptions
Utilities
Sewer:
Septic Tank
Utilities Available:
Cable Available
Community
Subdivision Name:
TRESULEE
Senior Community:
No
Terms
Documents Available:
Rent Rolls, Copy Of Lease(s), Other Available Information
Listing Terms Considered by Seller:
Cash
Buyer Possession:
Before Closing, Subject To Tenant Rights
Zoning and Legal
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):
3022310400050
Zoning:
0100
Public Schools Assigned
Elementary School:
Gulf Gate Elementary
High School:
North Miami
Middle Or Junior School:
North Miami
Listing History
Active on the market since:
February 27, 2026
Listing Agreement executed on:
February 27, 2026
Price change occurred on:
May 17, 2026 9:23 pm
Listing Status Last Changed On:
February 27, 2026 5:00 am
Photos updated on:
July 29, 2026 8:45 pm
Last Modified:
July 29, 2026 8:46 pm
Additional Information
Courtesy of:
Avanti Way Realty LLC
Attribution:
Not provided
Location
Street Name:
116th
Street Number:
265
City:
Miami
State:
Florida
Zip Code:
33161
County:
Miami-Dade
Latitude:
N25° 52' 54.1''
Longitude:
W81° 48' 27''
Street Suffix:
Street
Street Direction Prefix:
NE
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $55,265
Median Home Value $376,500
Median Rent $1,494/mo
Median Age 37
Population 54,128

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 45 Good
☀️ O3 35 Good
🫁 PM2.5 45 Good
Ver la Propiedad Ver la propiedad 265 NE 116th Street, Miami, FL 33161
Association of REALTORS®
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