Description

CASH BUYERS ONLY. – This is NOT a distressed sale
Exceptional investment opportunity you don’t want to miss! This income-producing property delivers strong, consistent cash flow with minimal expenses, making it a powerful addition to any portfolio.

Currently rented to two families, this property maximizes income potential with multiple revenue streams, providing immediate returns from day one. Both units are occupied by reliable, long-term tenants, with one lease in place through 10/26/2026 and the other through 02/22/2027 for added stability and peace of mind.

Featuring a spacious 2/1 & 4/1 layout and a generously sized yard, this property offers excellent rental appeal and long-term value.

This opportunity is being offered together with an additional listing (#A12009415), creating even greater upside for savvy investors.

Opportunities like this are rare and move quickly—don’t miss your chance!

Address

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Address: 116th Ave
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33157
Area: SO MIAMI HEIGHTS ADDN V

Details

Updated on May 1, 2026 at 3:05 am

Property ID A12009498
Price $625,000
Property Size 2224 Square Feet
Bedrooms 4
Bathrooms 2
Garage 0
Year Built 1969
Type Single Family Residence
Property Status Residential

Additional details

ArchitecturalStyle Detached, One Story
BathroomsFull 2
BathroomsHalf 0
BuildingAreaTotal 2562
BuildingAreaUnits Square Feet
BuildingName SO MIAMI HEIGHTS ADDN V
CarportSpaces 0
CommunityFeatures None
ConstructionMaterials CBS Construction, Frame
ContractStatusChangeDate 2026-04-28
Cooling Ceiling Fan(s), Central Air
CoveredSpaces 0
DaysOnMarket 2
DirectionFaces West
Directions From Downtown Miami: Take US-1 South toward South Miami Heights. Turn right onto SW 112 Avenue, then continue south and turn right onto SW 198 Street. From there, turn left onto SW 116 Avenue. The property will be on your right.
ElementarySchool Caribbean
ExpirationDate 2026-12-31
Fencing Fenced
Flooring Concrete, Terrazzo, Tile
Heating Central
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
LaundryFeatures Washer/Dryer Hook-Up
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-316-5191
ListingTerms Cash
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 7500
MLSAreaMajor So Miami Heights Addn V
MajorChangeTimestamp April 29, 2026 at 01:00am
MajorChangeType New
MlsStatus Active
ModificationTimestamp April 30, 2026 at 04:57pm
OnMarketDate 2026-04-28
OriginalEntryTimestamp April 29, 2026 at 01:00am
OriginalListPrice 625000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 30-60-06-011-0040
ParkingFeatures Other, On Street
PhotosChangeTimestamp April 29, 2026 at 01:00am
PhotosCount 1
Possession Rental Agreement
PostalCode 33157
PostalCodePlus4 1046
PriceChangeTimestamp April 28, 2026 at 11:28pm
PublicSurveyRange 60
PublicSurveySection 6
PublicSurveyTownship 60
Roof Shingle
RoomsTotal 0
SecurityFeatures Smoke Detector
Sewer Septic Tank
ShowingContactType Owner
ShowingInstructions Appointment Only, Call Owner, See Broker Remarks
SourceSystemKey 460069414
StateOrProvince FL
StatusChangeTimestamp April 29, 2026 at 01:00am
StreetDirPrefix SW
StreetName 116th Ave
StreetNumber 19811
StreetNumberNumeric 19811
StructureType R30-No Pool/No Water, House
SyndicationRemarks CASH BUYERS ONLY. - This is NOT a distressed sale Exceptional investment opportunity you don’t want to miss! This income-producing property delivers strong, consistent cash flow with minimal expenses, making it a powerful addition to any portfolio. Currently rented to two families, this property maximizes income potential with multiple revenue streams, providing immediate returns from day one. Both units are occupied by reliable, long-term tenants, with one lease in place through 10/26/2026 and the other through 02/22/2027 for added stability and peace of mind. Featuring a spacious 2/1 & 4/1 layout and a generously sized yard, this property offers excellent rental appeal and long-term value. This opportunity is being offered together with an additional listing (#A12009415), creating even greater upside for savvy investors. Opportunities like this are rare and move quickly—don’t miss your chance!
TaxAnnualAmount 6655
TaxLegalDescription SOUTH MIAMI HGTS ADDN V PB 86-56 LOT 13 BLK 13 LOT SIZE 75.000 X 100 OR 10561-1671 1079 5 COC 22446-1930 04 2004 1
TaxYear 2025
View None
WaterSource Municipal Water
YearBuiltDetails Unknown
Zoning 0100