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2,860 sqft

$1,298,000

265 NE 116th, Miami FL, 33161

Price per sqft$453.85
Built in1951
Property size2,860 sqft
Property typeMulti-family
Courtesy of Helene Calini with Avanti Way Realty LLC

Overview

Active

Listed Sep 25, 2026

Updated 6 days ago

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.

$8,636/mo

Est. mortgage payment based on a $1,298,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$14,669
Tax Frequency
Annually
MLS provider logo

Courtesy of Avanti Way Realty LLC, Helene Calini,
Listing Contact: 305-331-4464 

Based on information from Martin County REALTORS of the Treasure Coast, Inc. (RAMC) as of 10/24/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 5:24 AM UTC, 10/24/2026

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