PROSPECT PARK
172 NW 116th St, Miami FL 33168
2 beds · 1 baths · 1,256 ft²
$589,000
Est. Payment $3,135/mo
2
Bedrooms
1
Bathrooms
1,256
Sq. Ft.
1955
Year Built
1
Garage
23
Days on Market
Description
Charming 2BD/1BA single-family home located on a quiet and desirable street, offering comfort, space, and a true South Florida lifestyle. The home features two spacious bedrooms, a generously sized bathroom, a large kitchen with ample storage, and defined living and dining areas filled with natural light. A bright Florida room provides additional flexible space ideal for entertaining, a home office, or relaxation. The property also includes a covered one-car garage with washer and dryer, plus a spacious driveway with room for up to four additional vehicles. Set on an oversized lot, the backyard feels like a private tropical retreat, with mature mango trees, coconut palms, an açaí tree, fragrant jasmine, and lush greenery. The expansive outdoor space offers endless possibilities to expand, add living space, or build a custom pool making it ideal for both homeowners and investors. Centrally located just minutes from I-95 and near the desirable communities of Miami Shores and Biscayne Park, known for their charm, dining, and accessibility. Easy access to major airports, beaches, shopping, and downtown Miami. Great opportunity to own a property with strong upside potential in a growing and well connected area.
Facts
- MLS#
- A12002996
- Subdivision
- PROSPECT PARK
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 9,768 ft²
- Sq. Ft.
- 1,256 ft²
- Sq. Mt.
- 117 m²
- Price per sq. ft.
- $469/ft²
- Price per sq. mt.
- $5,034/m²
- Stories
- —
- Garage
- 1 spaces
- Pool
- —
- Days on Market
- 23 days
- Listed
- Apr 16, 2026
- Last Updated
- May 16, 2026
- Price/Lot Sq.Ft.
- $60/ft²
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Market insights for Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
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).
| 4/16/2026 | Listed for sale | $589,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Lincoln Marti Child Care Center-3rd StPK,KG · private · 0.3 mi
Kids Small World Learning CenterPK,KG,1,2,3,4,5 · private · 0.4 mi
Calvary Baptist Church SchoolPK,KG,1 · private · 0.4 mi
Sports Leadership And Management (Slam) Charter Middle School6,7,8 · charter · 0.4 mi
Sports Leadership Of Miami Charter High School9,10,11,12 · charter · 0.4 mi
Mater Preparatory AcademyKG,1,2,3,4,5,6,7,8 · charter · 0.5 mi
Young Womens Preparatory Academy6,7,8,9,10,11,12 · public · 0.5 mi
Alpha Charter Of ExcellenceKG,1,2,3,4,5 · charter · 0.5 mi
Riverside Elementary Community SchoolPK,KG,1,2,3,4,5 · public · 0.5 mi
Lincoln-Marti Community Agency 10PK,KG,1,2,3,4,5,6,7,8 · private · 0.6 mi
Estimated Monthly Payment
$3,776/mo
Principal & Interest
$3,135
Property Tax
$491
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated 18 hours ago
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