Property Description

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.

Features
Swimming Pool
Heating System
Cooling System
Patio:
Deck
Parking
Community Features:
Laundry Facilities
Roof:
Shingle
Sewer
Address Map
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''
MLS Addon
Building Area:
3,262 Sqft
Construction Materials:
Block
Cumulative DOM:
31
DOM:
31
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

2,860 Sqft
$1,398,000
MLS # #A11971232
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$1,398,000
Square Footage :
2,860 Sqft
Year Built :
1951
MLS # :
A11971232
Property Sub Type :
Duplex
Agent info
Contact Agent