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About This Home
This 4-bedroom, 2-bathroom multi-family at 265 NE 116th St in Miami, FL is listed for $1,298,000 ($454 per sqft). Built in 1951, the home offers 2,860 sqft of living space on a N/A lot.
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.
Key Features
- Built in 1951
- 5 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$6,942/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
265 NE 116th St
Miami, FL 33161
Tresulee
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Heating
Cooling
Questions & Answers
This 4-bedroom, 2-bathroom multi-family at 265 NE 116th St is listed at $1,298,000 ($454/sqft). The estimated monthly payment is $5,625 based on 20% down at 6.5% interest.
Key features include: Built in 1951, 5 parking spaces. Exterior Features: Deck, Fence, Security/High Impact Doors.
This property is listed by Helene Calini and can be reached at 3053314464 or helene.calini@gmail.com.
