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265 NE 116th St, Miami
#MLS: A12095976
$ 1 298 000
Listing date09/17/2026
CityMiami, FL 33161
Address265 NE 116th St
Area1804 sqft
Tax/year$ 14 669
Built year1951

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.

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