265 Northeast 116th Street

Miami, FL 33161

$1,850,000
Price
Beds
2,860 Sq. Ft.
$647 / Sq. Ft.
2,860
Sq. Ft.
$647
per Sq. Ft.

Description

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.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.

Listing Agent

Property Details for 265 Northeast 116th Street

Subdivision
TRESULEE
Style
Fourplex
Waterfront
No
Area
22
Auction
No
Num Stories
1
Sq Ft Total
3262
Sq Ft Liv Area
2860.0

Location

Add your commute
LISTING UPDATED: 12/15/2023 09:45 AM

Property Details for 265 Northeast 116th Street

StatusActive
MLS #A11498642
Days on Market140
Taxes$11,839 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family Income / Fourplex
Year Built1947
Lot Size-
CountyMiami-Dade County

Location

Add your commute

Building Information for 265 Northeast 116th Street

Stories-Residences-Year Built1947Building Size-Lot Size-

Payment Calculator

$11,083 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,096

Property Taxes

$987

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 265 Northeast 116th Street

Location Information
Location Information
  • Parcel Number Free Text: 30-22-31-040-0050
  • Parcel Number MLX: 0050
  • MLS Area: 22
  • Municipal Code: 30
  • Township Range: 22
  • Section: 31
  • Subdivision Number: 40
  • Subdivision Complex Bldg: TRESULEE
  • Unit Count: 4
  • Zoning Information: 0100
General Information
Parking
  • Num Parking Spaces: 6
General Information
  • Property Type Information: Detached
  • Lot Description: Less Than 1/4 Acre Lot
  • Pool: No
  • Construction: Concrete Block Construction
  • Construction Type: Concrete Block Construction
  • Roof Description: Shingle Roof
  • Flooring: Ceramic Floor, Wood Floors
  • Floor Description: Ceramic Floor, Wood Floors
  • Directions: I95 103 st exit east to ne 2 ave make left to 116 st make right
Additional Property Information
Utilities
  • Heating Description: No Heat
  • Cooling Description: Central Cooling, Electric Cooling
  • Sewer Description: Septic Tank
  • Separate Meter: Yes
  • Cable Available: Yes
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: Hot Water, Water
Financial Information
Financial Information
  • Total Mortgage: $375,000
  • Type of Association: None
  • Flood Zone: X
  • Tax Year: 2023
  • Tax Information: Tax Reflects City & County Tax
  • Information Available: Rent Rolls

Property History for 265 Northeast 116th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 265 Northeast 116th Street

Taxable ValueLand$535,425Additions$231,605Total$767,030
Tax Record2023$11,839 ($987 / month)
Home Facts
Total Finished SqFt1,804 SqFtAbove Grade Finished SqFt1,804 SqFtStories1Lot Size12,750 SqFtStyleDuplexYear Built1947Year Renovated1952Zoning0100:SINGLE FCountyMIAMI-DADEAPN30-2231-040-0050

Schools near 265 Northeast 116th Street

This home is within Miami-Dade.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Gratigny Elementary School
PublicPK to 5

North Miami Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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265 Northeast 116th Street is a multi-family home for sale in Miami, FL 33161. This property was listed for sale on December 9, 2023 by Compass, it's currently listed at $1,850,000. It has been on the market for a total of 140 days and was last sold on February 22, 2019. This listing's school district is Miami-Dade. Nearby schools include Gratigny Elementary School, Air Base K-8 Center for International Education and North Miami Middle School. 265 Northeast 116th Street is a 0-bed, 0-bath, 2,860 sqft multi-family home built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.