265 116th St ,Detached, Duplex, Tresulee for Sale

265 116th St for Sale

Price $1,298,000.00

• Lot size 3262
• Year Build 1951
• Waterfront
• Zip 33161
• Style Detached
• Parking Description
• Pool Yes
• Status Active

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.

TRESULEE PB 7-141 LOT 11 & E1/2 LOT 10 BLK 1 LOT SIZE 75.000 X 170 OR16803-3260/23813-70 0595 5

1/4 To Less Than 1/2 Acre Lot

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.

City:Miami,Zoning:0100,Cooling:1:Electric,Heating:1:Electric,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2025,Flooring:1:Wood,Latitude:25.8815878,Cooling Y N:1,Heating Y N:1,List Price:1298000,Listing Id:A12095976,Longitude:-80.1924945,Mls Status:Active,Year Built:1951,Directions:North on NE 2nd Avenue to 116th Street; make a right.,Living Area:2860,Possession:1:Rental Agreement,Postal Code:33161,Street Name:116th St,Coordinates:1:25.8815878,Photos Count:42,Building Name:TRESULEE,Days On Market:36,Lot Size Units:Square Feet,M I A M I R E_ Area:22,M L S Area Major:Tresulee,On Market Date:2026-09-17,Parcel Number:30-22-31-040-0050,Parking Total:6,Property Type:Residential Income,Rent Includes:1:Pest Control,2:Trash Collection,Stories Total:1,Street Number:265,M I A M I R E_ Style:Duplex,Public Remarks: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.,County Or Parish:Miami-Dade County,Expiration Date:2027-03-16,List Office Name:Avanti Way Realty LLC,Standard Status:Active,Window Features:1:High Impact Windows,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:6619,Property Sub Type:Duplex,State Or Province:FL,Street Dir Prefix:NE,Subdivision Name:TRESULEE,Tax Annual Amount:14669,Unparsed Address:265 NE 116th St, Miami FL 33161,Listing Agreement:Exclusive Agency,Year Built Details:Resale,Building Area Total:3262,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Flood Zone:X,M I A M I R E_ L P Amt Sq Ft:453.8462,Original List Price:1298000,Public Survey Range:22,Documents Available:1:Other Available Information,2:Rent Rolls,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Number Of Units Total:2,Syndication Remarks: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.,Listing Contract Date:2026-09-17,Originating System I D:miamire,Public Survey Section:31,Showing Instructions:24 Hour Notice,Street Number Numeric:265,Tax Legal Description:TRESULEE PB 7-141 LOT 11 & E1/2 LOT 10 BLK 1 LOT SIZE 75.000 X 170 OR16803-3260/23813-70 0595 5,M I A M I R E_ Current Price:1298000,M I A M I R E_ Owner Agent Y N:1,Public Survey Township:22,Construction Materials:1:CBS Construction,M I A M I R E_ Municipal Code:30,M I A M I R E_ Total Mortgage:375000,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Adjusted Area S F:1804,M I A M I R E_ Internet Remarks:Renovated legal duplex + detached cottage on a 12,750 SF lot between Biscayne Park & Miami Shores. New kitchens/baths, in-unit laundry, 6 parking.,M I A M I R E_ Parcel Number M L X:0050,M I A M I R E_ Separate Meter Y N:1,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$25.881691$-80.192488$10.46$13.33$1.00$vWkDQawcBZC7tcexzetQHQ,Contract Status Change Date:2026-09-17,Internet Address Display Y N:1,M I A M I R E_ Cable Available Y N:1,Number Of Units In Community:2,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:Yes - Attribution Required (Agent and Office),M I A M I R E_ Subdivision Number:40,M I A M I R E_ Fill From Record_ M U I:428813378,M I A M I R E_ Agent Alternate Phone:305-331-4464,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:265 NE 116th St,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:453.85,Internet Automated Valuation Display Y N:1,