$1,395,000

265 NE 116th St Miami, FL 33161

Estimated payment $8,917/month

Total Views 288
-- Bed
-- Bath
2,860 Sq Ft
$488 Price per Sq Ft

Highlights

  • Deck
  • No HOA
  • Outdoor Grill
  • Wood Flooring
  • High Impact Door
  • Central Heating and Cooling System

About This Home

Charming Multi-family Property with live-work space or guest cottage.Discover a unique investment or lifestyle opportunity with this versatile multi family property perfectly suited for homeowners, investors or those seeking a combined live-work solution. This well maintained property offers comfortable living spaces new kitchens and baths along with washer and dryers in each unit. Ideal for generating rental income and multi generational living. featuring a large backyard and a detached cottage or flexible office space the possibilities are endless. This savvy investment property which is currently generating 8k month is ideally located in the Biscayne park, Miami shores corridor and a short walk to Miami country day and Barry University.

Listing Agent

Joseph Iaciofano

London Foster Realty License #3286424

London Foster Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,576

Year Built

  • Built in 1951

Lot Details

  • Fenced

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,860 Sq Ft Home
  • 1-Story Property
  • High Impact Door

Flooring

  • Wood
  • Ceramic Tile

Outdoor Features

  • Deck
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • 2 Units
  • Tresulee Condos
  • Tresulee Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-22-31-040-0050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,576

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1951
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Directions: North on Ne 2 ave to 116 street make right.
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: TRESULEE
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor, Wood
  • Living Area: 2860
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Exterior Features: Barbeque, Fruit Trees
  • Construction Type: Concrete Block Construction
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: TRESULEE
  • Total Parking Spaces: 6

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 30-22-31-040-0050
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Hot Water, Gardener, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 13576

Multi Family

  • Number Of Units In Community: 2

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,839 $591,910 -- --
2023 $11,839 $538,100 $0 $0
2022 $9,878 $489,182 $0 $0
2021 $8,825 $444,711 $268,125 $176,586
2020 $8,729 $438,025 $264,000 $174,025
2019 $8,533 $425,725 $240,075 $185,650
2018 $8,111 $414,506 $228,838 $185,668
2017 $4,303 $223,990 $0 $0
2016 $4,011 $209,013 $0 $0
2015 $3,834 $196,307 $0 $0
2014 -- $184,640 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 For Sale $1,395,000 +384.4% $488 / Sq Ft
02/22/2019 02/22/19 Sold $288,000 -0.7% $91 / Sq Ft
12/26/2018 12/26/18 Pending -- -- --
11/29/2018 11/29/18 Price Changed $289,900 -8.6% $91 / Sq Ft
11/01/2018 11/01/18 For Sale $317,200 -- $100 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $288,000 Servicelink Llc
Trustee Deed $274,100 None Available
Interfamily Deed Transfer -- --
Warranty Deed $55,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $375,000 Balloon
Closed $219,000 Construction
Previous Owner $369,000 Negative Amortization
Previous Owner $15,000 Credit Line Revolving
Previous Owner $261,250 Unknown
Previous Owner $22,000 Credit Line Revolving
Previous Owner $163,000 New Conventional
Previous Owner $55,500 No Value Available
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11784908

MIAMI REALTORS® MLS

APN: 30-2231-040-0050