265 NE 116th St, Miami FL 33161
$1,398,000
$488.81/Sq Ft
- N/A Beds
- N/A Baths
- N/A Parking
- 2860 ft²
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.
Marvel Avellanet
Real Estate Broker
Estimate Payments
Technical Summary
| Price | $1,398,000 |
|---|---|
| Beds | N/A |
| Baths | N/A |
| Area | 2860 ft² |