265 NE 116th Street, Miami, FL 33161

$1,298,000
2,860
SqFt

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List Price
$1,298,000
Days on Market
166
MLS#
A11971232
Year Built
1951
Living Area
2,860
MLS Area Major
2220

Property Description

Renovated income producing property on a rare 12,750 sq ft lot in a high demand North Miami location near Miami Shores and Barry University. Front duplex features new kitchens and bathrooms, and in unit laundry, offering clean, modern living spaces. Additional detached structure provides flexible use and added income potential. Spacious backyard with mature trees creates a private, compound style setting rarely found in multifamily properties. Currently generating $8,500 per month with strong rental demand and consistent occupancy in the area. Large lot offers long term upside. and future potential. Ideal for Investors, multigenerational living, or buyers seeking the flexibility to combine living, working, and income potential within one versatile property.

Additional Information

Taxes
$14,669
Utilities
Cable Available
Heating
Central, Electric, Separate Meters
Air Conditioning
Central Air, Electric
Exterior Construction
Block
Roof
Shingle
Elementary School
Gratigny
Middle School
North Miami
High School
North Miami

Listing courtesy of Avanti Way Realty LLC.

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