265 NE 116th St Miami, FL $ 1,850,000
265 NE 116th St
$ 1,850,000
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265 NE 116th St

Miami, FL, 33161
$ 1,850,000
Bedrooms6 Baths4.0 Sq 2,860

Monthly Estimate*

$ 12,296

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265 NE 116th St, Miami, FL 33161 - Image 11
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265 NE 116th St, Miami, FL 33161 - Image 17
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Multi-Family Home for sale in Miami, FL

for $1,850,000 with 6 bedrooms and 4 full baths. This 2,860 square foot home was built in 1947.

Your next investment awaits. Behold, this uniquely designed investment property in a rapidly growing neighborhood located between MIami Shores and Biscayne Park. Carefully designed and renovated, every unit shows flawless, Brand new Roof, Appliances, Central A/C, Impact windows throughout, also Washer/Dryers in two unit as well. This is the perfect 1031 investment. Turn-key property, low maintenance & tremendous upside rental potential. Short drive to downtown Miami and the beaches.

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Multi-Family Active

Price

$ 1,850,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 11,839

Style

Fourplex

Year Built

1947

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11498642

Features
General
Sewer SepticTank
Heating None
Cooling CentralAir Electric
Utilities CableAvailable
Possession CloseOfEscrow
Roof Shingle
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 1947
Stories 1
Levels One
Property SubType Quadruplex
Tax Year 2023
County Miami-Dade County
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Subdivision Name TRESULEE
Garage Y/N N
Rent Includes HotWater Water
Status Active
Directions I95 103 st exit east to ne 2 ave make left to 116 st make right
City Miami
View Y/N N
Senior Community Y/N N
Zoning Description 0100
MLS Area 22
Lot Size Units SquareFeet
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name 116th St
Listing Terms Cash Conventional
Property Attached Y/N N
Year Built Details Resale
Land Lease Y/N N
Tax Annual Amount 11839.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11498642
Days on Market 6
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Quadruplex
Legal Description TRESULEE PB 7-141 LOT 11 & E1/2 LOT 10 BLK 1 LOT SIZE 75.000 X 170 OR16803-3260/23813-70 0595 5
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Interior
Flooring CeramicTile Wood
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Exterior
Lot Features Item14Acre
Total Parking 6.0
Spa N
Building Area Total 3262.0
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 265
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* Excluded Features
List By
Compass Florida, Llc

Broker

iaciofano23@msn.com

Email

Affordability Calculator

$13,282
Per Month
93%
7%
0%
Monthly Principal & Interest
$12,296
Monthly Property Taxes
$987
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/11/2023$1,850,000 Listed Price

Map


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265 NE 116th St, Miami, FL, 33161 is a Multi-Family Home for sale at $1,850,000 with 2,860 sqft. 265 NE 116th St has 6 bedrooms, 4.0 baths, and was built in 1947. The property's zip code is 33161 which is in Miami, FL