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Tresulee

$1,298,000

265 NE 116th St, Miami, FL 33161

Active
Last Updated: 09/28/2026

3,262 sqft

Building Size

2

Units

Details:
Building Size:    3,262 sqft
Units:    2
Year Built:    1951
Floors:    1
Parking Spots:    6
Gross Leaseable Area:    2,860
Highlights:
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Building Features: Laundry Facility
  • Documents Available: Copy Of Lease(S), Other Available Information, Rent Rolls
  • Architectural Style: Detached
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Flooring: Ceramic Floor, Wood
  • Construction Materials: Concrete Block Construction, CBS Construction
Description:

Rare 12,750 SF lot (75' x 170') in a high-demand rental pocket between Biscayne Park and Miami Shores — a block actively transforming, with new construction nearby. Fully renovated front duplex (two 2BR/1BA units, ~900 SF each) features new kitchens, new bathrooms, and in-unit laundry — clean, modern, move-in ready. A detached cottage at the rear adds flexible additional living space and income potential, with six parking spaces total. Currently producing $8,600/month with strong, consistent occupancy. Deep backyard with mature trees creates a private, compound-style setting. Concrete block construction, built 1951. Significant land value and redevelopment upside given lot size and neighborhood trajectory. Ideal for investors, multigenerational buyers, builders, or anyone wanting a home providing income plus room to grow.

Map:
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