About This Home

This 4-bedroom, 0-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.

Key Features

  • Built in 1951
  • 6 parking spaces

Property Details

1 story
2 full
6 spaces
1951

Amenities

HardwoodA/C
Listing Description

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.

Monthly Cost Estimate

$6,942/mo

20% down · 6.5% · 30 years

Principal$939
Interest$5,625
Insurance$379

Estimates only. Actual payments may vary.

Location

265 NE 116th St

Miami, FL 33161

TRESULEE

Features & Amenities

Exterior Features

DeckFenceSecurity/High Impact DoorsRoom For Pool

Property Details

Flooring

HardwoodLaminateWoodTile - Ceramic

Construction

CBS (Concrete Block Structure) Block

Outdoor Features

Deck

Heating

Electric (Heating)Central

Cooling

ElectricCentral Air

Questions & Answers

This 4-bedroom, 0-bathroom multi-family at 265 NE 116th St is listed at $1,298,000 ($454/sqft). The estimated monthly payment is $6,942 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1951, 6 parking spaces. Exterior Features: Deck, Fence, Security/High Impact Doors.

This property is listed by Helene Calini.

HC

Helene Calini

License 3645215

Agent at Avanti Way Realty

Listed by Avanti Way Realty · Broker phone: (788) 888-5884 · View on Broker Site · Broker website

MLS# A12095976· Source: Miami REALTORS®· 3 days on PropertySimple

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

265 NE 116th St, Miami, FL 33161

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