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265 NE 116th St, Miami FL 33161

Multi-family For Sale
$1,398,000

BTC: 20.55882353

ETH: 13,980.00000000

12 days
0 room(s)
2,860 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Fully renovated, income producing duplex with separate cottage, located close to Barry University. This turnkey multi family property is ideal for investors seeking strong rental income in a high demand area with additional upside potential. The property has been thoughtfully updated with new kitchens and baths, plus washer and dryer in each unit, offering clean, modern living spaces. In addition to the duplex, there is a detached cottage in the rear that allows for additional rental income, creating a flexible income producing setup within one property. Currently generating $8500 per month, this property presents an established income stream in a thought after pocket, between Biscayne Park and Miami Shores that continue to see consistent rental demand driven by students, faculty and local professionals. A solid, renovated asset in a proven rental market, with strong appreciation potential.

Location

Florida • Miami • 33161 • Multi-family • For Sale

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1951
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$489
Cooling:
Central Air / Electric
HOA:
No Data
All facts and features

  • Flooring

    • Ceramic Floor

    • Wood

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

  • Property

    • Exterior Features: Room For Pool

    Other Property Information

    • Parcel Number: 30-22-31-040-0050

    • Zoning: 0100

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $14,669

  • Source details

    • MLS ID: A11971232

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot

    • Patio And Porch Features: Deck

    • Window Features: Blinds / High Impact Windows

    • Architectural Style: Detached

    • Living Area: 2860

    • Subdivision Name: TRESULEE

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Avanti Way Realty LLC