265 NE 116th St , Miami, FL 33161
- $1,398,000
Overview
- Duplex, Residential Income
- 3262 Sqft
- 1951
Description
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.
Address
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Address: 265 NE 116th St
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City: Miami
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State/county: FL
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Zip/Postal Code: 33161
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Area: TRESULEE
Details
Updated on April 28, 2026 at 2:41 pm-
Property ID MSA11971232
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Price $1,398,000
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Property Size 3262 Sqft
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Garage Size x x
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Year Built 1951
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Property Type Duplex, Residential Income
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Property Status Active
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MLS# A11971232
Additional details
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Listing Terms Cash
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Roof Shingle
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Utilities Cable Available
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Sewer Septic Tank
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Cooling Central Air,Electric
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Heating Central, Electric
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Flooring Ceramic Tile,Hardwood,Laminate,Wood
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County Miami-Dade
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Property Type Residential Income
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Pool None
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Community Features Laundry Facilities
Mortgage Calculator
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