265 116th Street, Miami, FL 33161

$1,298,000 — Active

Property Features

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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.

Property Details

  • Listing ID: A12095976
  • Status: Active
  • Listing Date: 2026-09-17
  • Property Type: Duplex
  • Subdivision: TRESULEE
  • County: Miami-Dade
  • MLS Area: 2220
  • Bedrooms: 0
  • Full Bathrooms: 0
  • Living Area Sq Ft: 2,860
  • Year Built: 1951

Financial

  • List Price: $1,298,000
  • HOA Fee: None
  • Taxes: $14,669/yr

Features & Amenities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric, Separate Meters
  • Flooring: Ceramic Tile, Laminate, Wood
  • Construction: Block, CBS
  • Roof: Shingle

Courtesy of Avanti Way Realty LLC
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© 2026 Starfish Real Estate. Listings updated Nov 9, 2026 5:00 am. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.