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.
For sale
Price cut: $100K (5/17)
$1,298,000
265 NE 116th St, Miami, FL 33161
4beds
2baths
2,860sqft
Duplex
Built in 1951
-- sqft lot
$1,237,900 Zestimate®
$454/sqft
$-- HOA
What's special
Large lotPrivate compound style settingClean modern living spacesIn unit laundryUpdated kitchens
- 103 days |
- 90 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Helene Calini 305-331-4464,
Avanti Way Realty LLC
Source: MIAMI,MLS#: A11971232
Originating MLS: A-Miami Association of REALTORS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air, Electric
Features
- Flooring: Ceramic Tile, Wood
- Doors: High Impact Doors
- Windows: Blinds, High Impact Windows
Interior area
- Total structure area: 3,262
- Total interior livable area: 2,860 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
Features
- Stories: 1
- Patio & porch: Deck
- Exterior features: Room For Pool
- Fencing: Fenced
Lot
- Features: 1/4 To Less Than 1/2 Acre Lot
Details
- Parcel number: 3022310400050
- Zoning: 0100
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Concrete Block Construction, CBS Construction
- Roof: Shingle
Condition
- Year built: 1951
Utilities & green energy
- Sewer: Septic Tank
Community & HOA
Community
- Subdivision: Tresulee
HOA
- Has HOA: No
Location
- Region: Miami
Financial & listing details
- Price per square foot: $454/sqft
- Tax assessed value: $985,226
- Annual tax amount: $14,669
- Date on market: 2/27/2026
- Listing terms: All Cash
Estimated market value
$1,237,900
$1.18M - $1.30M
$3,188/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/17/2026 | Price change | $1,298,000-7.2%$454/sqft |
Source: | ||
| 3/25/2026 | Listed for sale | $1,398,000+0.2%$489/sqft |
Source: | ||
| 8/14/2025 | Listing removed | $1,850$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/12/2025 | Listing removed | $1,395,000$488/sqft |
Source: | ||
| 4/18/2025 | Listed for sale | $1,395,000-24.6%$488/sqft |
Source: | ||
| 3/27/2025 | Listed for rent | $1,850+5.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/15/2024 | Listing removed | $1,750$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/15/2024 | Price change | $1,750-7.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/10/2024 | Listed for rent | $1,900+2.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/25/2024 | Listing removed | $1,850$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/15/2024 | Listed for rent | $1,850+12.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/15/2023 | Listing removed | $1,850,000$647/sqft |
Source: | ||
| 12/11/2023 | Listed for sale | $1,850,000+15.6%$647/sqft |
Source: | ||
| 8/12/2022 | Listing removed | -- |
Source: Owner Report a problem | ||
| 5/14/2022 | Price change | $1,600,000+3.2%$559/sqft |
Source: | ||
| 5/12/2022 | Listed for sale | $1,550,000+94%$542/sqft |
Source: Owner Report a problem | ||
| 8/17/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 8/3/2021 | Listed for rent | $1,650+10%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 8/11/2020 | Listing removed | $799,000$279/sqft |
Source: Compass Florida, LLC #A10882756 Report a problem | ||
| 7/2/2020 | Listing removed | $1,500$1/sqft |
Source: Compass Florida, LLC #A10881361 Report a problem | ||
| 6/25/2020 | Listed for sale | $799,000+175.6%$279/sqft |
Source: Compass Florida, LLC #A10882756 Report a problem | ||
| 6/24/2020 | Listed for rent | $1,500-14.3%$1/sqft |
Source: Compass Florida, LLC #A10881361 Report a problem | ||
| 10/23/2019 | Listing removed | $1,750$1/sqft |
Source: Owner Report a problem | ||
| 7/24/2019 | Listed for rent | $1,750$1/sqft |
Source: COMPASS REALTY Report a problem | ||
| 2/25/2019 | Listing removed | $289,900+0.7%$101/sqft |
Source: Real Estate Asset Disp Corp. #A10564962 Report a problem | ||
| 2/22/2019 | Sold | $288,000+5.1%$101/sqft |
Source: Public Record Report a problem | ||
| 11/6/2017 | Sold | $274,100+393.9%$96/sqft |
Source: Public Record Report a problem | ||
| 6/5/1995 | Sold | $55,500$19/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,669 +8.1% | $651,101 +10% |
| 2024 | $13,576 +14.7% | $591,910 +10% |
| 2023 | $11,839 +19.9% | $538,100 +10% |
| 2022 | $9,878 +11.9% | $489,182 +10% |
| 2021 | $8,825 +1.1% | $444,711 +1.5% |
| 2020 | $8,729 +2.3% | $438,025 +2.9% |
| 2019 | $8,533 +5.2% | $425,725 +2.7% |
| 2018 | $8,111 | $414,506 +85.1% |
| 2017 | $8,111 +88.5% | $223,990 +7.2% |
| 2016 | $4,303 +12.2% | $209,013 +6.5% |
| 2015 | $3,834 +6% | $196,307 +6.3% |
| 2014 | $3,616 +0.5% | $184,640 +4.4% |
| 2013 | $3,598 | $176,833 -4.4% |
| 2012 | $3,598 -0.1% | $184,930 +1% |
| 2011 | $3,601 -10.2% | $183,106 -4.5% |
| 2010 | $4,010 -12.2% | $191,827 -17.9% |
| 2009 | $4,568 -33.5% | $233,535 -27.3% |
| 2007 | $6,871 +24.6% | $321,420 |
| 2006 | $5,516 | -- |
| 2005 | $5,516 +92.6% | -- |
| 2002 | $2,864 | -- |
| 2001 | $2,864 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 33161
Nearby schools
GreatSchools rating
- 8/10Gratigny Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 5/10North Miami Middle SchoolGrades: 6-8Distance: 1.4 mi
- 2/10North Miami Senior High SchoolGrades: 9-12Distance: 1.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Miami-Dade County
- Miami
- 33161
- 265 NE 116th St







