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.
- Swimming Pool
- Heating System
- Cooling System
- Patio:
- Deck
- Parking
- Community Features:
- Laundry Facilities
- Roof:
- Shingle
- Sewer
- State:
- FL
- County:
- Miami-Dade
- City:
- Miami
- Zipcode:
- 33161
- Street:
- 265 Ne 116th St, Miami, Florida 33161
- Longitude:
- W81° 48' 27''
- Latitude:
- N25° 52' 53.7''
- Building Area:
- 3,262 Sqft
- Construction Materials:
- Block
- Cumulative DOM:
- 79
- DOM:
- 79
- Directions:
- North on NE 2nd Avenue to 116th Street; make a right.
- Exterior Features
- Flooring:
- Wood, Ceramic Tile, Hardwood, Laminate
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Listing Terms:
- Cash
- Lot Features
- Parcel Number:
- 30-22-31-040-0050
- Subdivision Name:
- TRESULEE
- Tax Annual Amount:
- $14,669
- Tax Year:
- 2025
- Utilities
- Virtual Tour:
- Click Here
- Window Features:
- Impact Glass, Blinds
Residential Income For Sale
265 Ne 116th St, Miami, Florida 33161, Miami, Florida 33161
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,298,000
- Square Footage :
- 2,860 Sqft
- Year Built :
- 1951
- MLS # :
- A11971232
- Property Sub Type :
- Duplex
