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 updated kitchens, baths, 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 future options and long term upside. Ideal for buyers seeking income, space, and versatility in a growing neighborhood.
This property opens the door to something more than just an investment. It offers flexibility, space, and the ability to shape living and earning in one place: an opportunity that stands apart and not to be missed.
Front duplex features updated kitchens, baths, 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 future options and long term upside. Ideal for buyers seeking income, space, and versatility in a growing neighborhood.
This property opens the door to something more than just an investment. It offers flexibility, space, and the ability to shape living and earning in one place: an opportunity that stands apart and not to be missed.
Property Details
Price:
$1,398,000
MLS #:
A11971232
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Duplex
Subdivision:
TRESULEE
Neighborhood:
tresulee
Listed Date:
Feb 27, 2026
Finished Sq Ft:
2,860
Total Sq Ft:
3,262
Year Built:
1951
See this Listing
Schools
Interior
Cooling
Central Air, Electric
Flooring
Ceramic Floor, Wood
Heating
Central, Electric
Exterior
Architectural Style
Detached
Building Features
Laundry Facility
Construction Materials
Concrete Block Construction, CBS Construction
Exterior Features
Room For Pool
Fencing
Fenced
Lot Features
1/4 To Less Than 1/2 Acre Lot
Parking Spots
5
Parking Total
5
Patio And Porch Features
Deck
Roof
Shingle
Stories
1
Window Features
Blinds, High Impact Windows
Financial
Tax Year
2025
Taxes
$14,669
Map
Community
- Address265 NE 116th St Miami FL
- SubdivisionTRESULEE
- CityMiami
- CountyMiami-Dade County
- Zip Code33161
Subdivisions in Miami
- 11 54 39 152.93 AC M/L NE1/4 OF SEC INCLUDING TR 2
- 159 NE 6TH STREET CONDO
- 17TH AVE MANOR
- 1800 CLUB CONDO
- 7TH ADDN TO RICHMOND HEIG
- 801 SMA RESIDENCES CONDO
- BAY HOUSE MIAMI
- BAY RIDGE AMD
- COMFORT GARDENS
- DELVISTA TOWERS CONDO
- EMERALD POINT SUB
- FAIRWAY PLAZA
- GREENVILLE MANOR PB
- HIALEAH HEIGHTS AMD
- JADE WINDS GROUP BAMBOO GARDENS CONDO
- JENKINS ADDN TO LIBERTY CITY
- LA PALOMA
- MAJORCA ISLES III CONDO
- MILON VENTURE
- NORTH DADE COUNTRY CLUB VILLAG
- RALPH PLAZA II CONDO
- RANDALL PARK
- ROLLING GREEN CONDO
- ROYAL GLEN
- SIERRA
- SWEETWATER ESTATES SUB
- TAMIAMI TECH CENTER CONDO
- THE BLUE A RESORT HOTEL CONDO
- TURNBERRY VILLAGE SO TOWER CONDO
- VIA VENTURA NBRHD 3
- VISTA LAGO
- WEST MIAMI SHORES SEC B
- WESTCHESTER PT 01
Market Summary
Current real estate data for Multi Family in Miami as of May 03, 2026
493
Multi Family Listed
150
Avg DOM
475
Avg $ / SqFt
$1,139,367
Avg List Price
Property Summary
- Located in the TRESULEE subdivision, 265 NE 116th St Miami FL is a Multi Family for sale in Miami, FL, 33161. It is listed for $1,398,000 To schedule a showing of MLS#a11971232 at 265 NE 116th St in Miami, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
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