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MLS #A12095976 image #0
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.
Current real estate data for Multi Family in Miami as of Nov 05, 2026
550
Multi Family Listed
128
Avg DOM
473
Avg $ / SqFt
$1,161,867
Avg List Price
Listing Provided Courtesy of Avanti Way Realty LLC at 305-229-1146

Property Details

Price:
$1,298,000
MLS #:
A12095976
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Duplex
Subdivision:
TRESULEE
Neighborhood:
2220
Listed Date:
Sep 17, 2026
Finished Sq Ft:
2,860
Total Sq Ft:
3,262
Year Built:
1951
Units:
2
TresuleeGratignyNorth MiamiNorth Miami

Schools

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

Interior

Cooling
Central Air, Electric
Flooring
Ceramic Tile, Laminate, Wood
Heating
Separate Meters, Central, Electric
Laundry Features
Outside

Exterior

Construction Materials
Block, CBS
Fencing
Fenced
Lot Features
Room for Pool
Patio And Porch Features
Deck
Roof
Shingle

Financial

Tax Year
2025
Taxes
$14,669

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Community

Property Summary

    Located in the TRESULEE subdivision, 265 NE 116th Street Miami FL is a Multi Family for sale in Miami, FL, 33161. It is listed for $1,298,000 To schedule a showing of MLS#a12095976 at 265 NE 116th Street in Miami, FL, contact your Trust House Realty agent at 9543362003.

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