265 NE 116th St, Miami FL 33161 | Miami-Dade County | A11971232

This is a well-maintained, renovated front-unit duplex located at 265 NE 116th Street in North Miami. The 2,860-square-foot home features updated kitchens and bathrooms, in-unit laundry, and modern living spaces designed for comfort and efficiency. Built in 1951, the property has been refreshed to meet current standards while maintaining a private, compound-style setting with a spacious backyard and mature trees. The property sits on a rare 12,750-square-foot lot, offering significant long-term value and potential for future development or expansion. It’s currently generating $8,500 in monthly rental income, reflecting the strong demand and consistent occupancy in the area. The location is convenient to Miami Shores and Barry University, making it a solid option for investors or buyers looking for a flexible, multifunctional property. In addition to the main unit, there is a detached structure on the property that adds to the income potential and offers versatile use, whether for a second unit, office, or storage. The layout and design of the home make it suitable for multigenerational living or a live-work arrangement. For more details or to explore this opportunity, call 305-859-4733.