265 NE 116th Street Miami FL 33161

Address
265 Ne 116th Street, Miami, FL
Price
$ 1,298,000
Property Attributes
  • MLS#A11971232
  • TypeSingle Family
  • Listing Status Active
  • CountyMiami-Dade
  • CityMiami
  • Area2220
  • NeighborhoodTRESULEE
  • Zip33161
  • Style
  • Year Built1951
  • Taxes$ 14669
  • Price$ 1,298,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2860
Data Source:
Beaches MLS (FL)
Property Description

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.

Elementary School Middle School High School
Gratigny Elementary School North Miami Middle School North Miami High School
Price History
6/11/2026 Listed $1,298,000

General Features

Sewer SepticTank
Heating Central,Electric,SeparateMeters
Cooling CentralAir,Electric
Utilities CableAvailable
Possession BeforeClosing,SubjectToTenantRights
Roof Shingle
Patio/Porch Features Deck
Construction Materials Block
Year Built 1951
Property Subtype Duplex
Tax Year 2025
Gross Income 4800
County Miami-Dade
New Construction false
Property Type ResidentialIncome
Subdivision Name TRESULEE
Status Active
Directions North on NE 2nd Avenue to 116th Street; make a right.
High School North Miami
City Miami
Disclosures OwnerIsListingAgent
Number Of Units Total 2
MLS Area 2220
Elementary School Gratigny
Tax Annual Amount 14669
Middle/Junior High School North Miami
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11971232
Standard Status Active
Property Sub Type Additional Duplex
PostalCity Miami
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

Interior Features

Flooring CeramicTile,Laminate,Wood
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Outside

Exterior Features

Exterior Amenities OutdoorLivingArea,RoomForPool
Fencing Fenced
Lot Features QuarterToHalfAcreLot
Total Parking 6
Building Area Total 3262
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33161

Price
AVG $810K
$1.3M
Taxes
AVG $20,981
$14,669
Year Built
AVG 1957
1951

Areas We Cover