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$1,398,000

  • For Sale
  • Active
  • Duplex
  • 2,860 Sq. Ft.
  • Updated 10 days ago
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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.

Full Property Details for 265 NE 116th St

General

  • Price: $1,398,000
  • Taxes: $14,669 (2025)
  • Status: Active
  • Type: Duplex
  • Source: Greater_Miami
  • MLS ID: A11971232
  • Updated: 3/25/2026
  • Added to Site: 37 day(s) ago

Rental Information

  • Rent Includes: Gardener, Pest Control, Trash Collection

Interior

  • Flooring: Ceramic Floor, Wood

Exterior

  • Exterior Features: Room for Pool
  • Deck/Patio: Deck

Parking

  • Total Spaces: 5

Location

  • Area: Tresulee
  • County: Miami-Dade County
  • Subdivision: TRESULEE
  • Building Name: TRESULEE
  • Driving Directions: North on NE 2nd Avenue to 116th Street; make a right.

Community

  • Community Name: Tresulee
  • Units Assoc/Comm: 2

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air, Electric
  • Heating Type: Central, Electric

Utilities

  • Sewer: Septic Tank

Structural Information

  • Architectural Style: Detached
  • Structure Type: Duplex
  • Detached/Attached: Detached
  • Construction: Concrete Block Construction, CBS Construction
  • Roof: Shingle
  • Windows: Blinds, High Impact Windows
  • Doors: High Impact Doors
  • Stories/Levels: 1
  • Building Size: 3262
  • Square Feet: 2,860
  • Living Area: 2,860 Sq. Ft.
  • Year Built: 1951
  • Other Struct. Feat.: Laundry Facility

Unit Information

  • Units in Complex: 2

Lot Features

  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Zoning: 100
  • Fencing (Description): Fenced

Financial Considerations

  • Price Per Sq. Ft.: $488.81
  • Tax Amount: $14,669
  • Tax Year: 2025
  • Terms: All Cash

Disclosures and Reports

  • Documents Avail.: Copy Of Lease(S), Other Available Information, Rent Rolls
  • 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
  • Property ID: 30-22-31-040-0050

Listed by Avanti Way Realty LLC

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Listing agent

— 265 NE 116th St —

  • Avanti Way Realty LLC

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 265 NE 116th St

School District:Dade County School District
NameGradesDistance
Gratigny Elementary School
11905 North Miami Avenue, Miami, FL 33168
PK-50.4 mi
North Miami Middle School
700 Northeast 137th Street, North Miami, FL 33161
6-81.4 mi
North Miami Senior High School
13110 Northeast 8th Avenue, North Miami, FL 33161
9-121.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 265 NE 116th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/27/2026
Listed
$1,398,000
385.42%
MLS
2/11/2019
Sold
$288,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 265 NE 116th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,669
8%
$985,226
8%
2024
$13,576
15%
$913,845
19%
2023
$11,839
20%
$767,030
36%
2022
$9,878
12%
$563,290
27%
2021
$8,825
1%
$444,711
2%
2020
$8,729
2%
$438,025
3%
2019
$8,533
5%
$425,725
3%
2018
$8,111
88%
$414,506
71%
2017
$4,303
7%
$243,074
16%
2016
$4,011
5%
$209,013
6%
2015
$3,834
6%
$196,307
6%
2014
$3,616
4%
$184,640
4%
2013
$3,465
—
$176,833
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Avanti Way Realty LLC

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265 NE 116th St, Miami, FL 33161 (MLS# A11971232) is a Duplex property with 0 bedrooms and 0 full bathrooms. 265 NE 116th St is currently listed for $1,398,000 and was received on February 27, 2026. Want to learn more about 265 NE 116th St? Do you have questions about finding other Duplex real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

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