TRESULEE

265 NE 116th St, Miami FL 33161

2,860 ft²

For Sale · Active Listing

$1,398,000

Est. Payment $7,441/mo

MLS Sheet Video

2,860

Sq. Ft.

1951

Year Built

1

Stories

70

Days on Market

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.

Facts

MLS#
A11971232
Subdivision
TRESULEE
Property Type
Residential Income
Property Sub Type
Duplex
Year Built
1951
Lot Size
0 sqft
Sq. Ft.
2,860 ft²
Sq. Mt.
266 m²
Price per sq. ft.
$489/ft²
Price per sq. mt.
$5,256/m²
Stories
1
Garage
Pool
Days on Market
70 days
Listed
Feb 27, 2026
Last Updated
May 8, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

41

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

2/27/2026Listed for sale$1,398,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

265 NE 116th St, Miami FL 33161Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$8,756/mo

Principal & Interest

$7,441

Property Tax

$1,165

Insurance

$150

HOA

$0

20% ($279,600)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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Updated within 24 hours

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