265 NE 116th Street, Miami, FL 33161

Miami
Local realty services provided by:Reliant Realty ERA Powered
265 NE 116th Street,Miami, FL 33161
$1,298,000
Virtual Tour
  • - Beds
  • - Baths
  • 2,860 sq. ft.
  • Multi-family
  • Active
Listed by: helene calini
Office: avanti way realty llc.
MLS#:A11971232
Source:RMLS

Price summary

  • Price:$1,298,000
  • Price per sq. ft.:$397.92

About this home

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.

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Home facts

  • Year built:1951
  • Listing ID #:A11971232
  • Added:23 day(s) ago
  • Updated:July 02, 2026 at 08:12 PM

Rooms and interior

  • Flooring:Ceramic Tile, Laminate, Wood
  • Living area:2,860 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1951
  • Building area:2,860 sq. ft.
  • Construction Materials:Block
  • Exterior Features:Deck, Room for Pool

Schools

  • High school:North Miami
  • Middle school:North Miami
  • Elementary school:Gratigny

Utilities

  • Sewer:Septic Tank

Finances and disclosures

  • Price:$1,298,000
  • Price per sq. ft.:$397.92
  • Tax amount:$14,669 (2025)

Parking

  • Total parking spaces:6
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