265 Ne 116th St, Miami, FL 33161
- $1,298,000
- 2,860
- SqFt
- List Price
- $1,298,000
- MLS
- A12095976
- Complex Name
- Tresulee
- Status
- ACTIVE
- Type
- Multifamily
- Living Area
- 2,860
Property Description
Rare 12,750 SF lot (75' x 170') in a high-demand rental pocket between Biscayne Park and Miami Shores — a block actively transforming, with new construction nearby. Fully renovated front duplex (two 2BR/1BA units, ~900 SF each) features new kitchens, new bathrooms, and in-unit laundry — clean, modern, move-in ready. A detached cottage at the rear adds flexible additional living space and income potential, with six parking spaces total. Currently producing $8,600/month with strong, consistent occupancy. Deep backyard with mature trees creates a private, compound-style setting. Concrete block construction, built 1951. Significant land value and redevelopment upside given lot size and neighborhood trajectory. Ideal for investors, multigenerational buyers, builders, or anyone wanting a home providing income plus room to grow.
Additional Information
- Days on Market
- 8
- Style
- Duplex
- Exterior Features
- Room For Pool
- #Parking Spaces
- 6
- Year Built
- 1951
- Development Name
- Tresulee
- #Stories
- 1
- Construction Type
- Concrete Block Construction, CBS Construction
- Section
- 31
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Listing Courtesy of Avanti Way Realty LLC, Contact: