$1,298,000

265 NE 116TH ST, MIAMI, FL 33161

0 baths2,860 sq ft2 to 4 unitsBuilt 1951
Updated today, November 3, 2026

This home against the area

$454 per sq ft
49 days on the market
$14,669 in property taxes (2025)

About this home

Income producing duplex + Cottage on a rare 12,750 SF lot (75' x 170') in a high-demand rental pocket between Biscayne Park and Miami Shores, on a block transforming with new construction. Fully occupied with strong consistent rental history - Income details in the broker remarks.The fully renovated front duplex offers two turnkey 2-bed/1-bath units, (~900 SF each) with new kitchens, new bathrooms, and in-unit laundry. A detached permitted rear structure adds exceptional flexibility -garage, studio, gym, office or guest space- l plus additional income potential. 6 parking spaces, concrete block construction (1951) and a deep backyard with mature trees creating a private, compound-style setting. Significant land value with redevelopment upside given lot size and neighborhood trajectory. Ideal for investors, multigenerational buyers and builders - live in one unit, rent the others, and hold for land. Turnkey income from day one.

Zoned schools

Elementary: Gratigny Elementary School
Middle: North Miami Middle School
High: North Miami Senior High School

From Miami-Dade County Public Schools attendance zones.

Listing courtesy of Avanti Way Realty LLC. MLS# A12095976.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed September 15, 2026.

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