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For Sale
$2,550,000

1225 NE 116th St

Miami, FL 33161 · BAYVIEW ACRES
42,640Lot SqFt
3D / Virtual tour

Overview

Income-producing opportunity in Miami-Dade’s Biscayne Corridor. This 0.98-acre site totaling 42,640 SF is well-positioned for future development. The property includes a duplex and a single-family home, providing steady rental income while entitlements are pursued. Tenancies are month-to-month, offering flexibility for a buyer’s plans. A key feature is frontage on both NE 116th Street and NE 115th Street, which supports efficient site planning and access. A nearby parcel of similar size has already obtained rezoning approval along this corridor, helping limit uncertainty for investors seeking a comparable change from RU-2 to MCD. Do not disturb tenants.

Property Details

  • MLS#A11932904
  • Home TypeResidential
  • Lot Size42,640 SqFt
  • Listed2025-12-18
  • Days on Market170
  • BuildingBAYVIEW ACRES
  • SubdivisionBAYVIEW ACRES
  • CountyMiami-Dade County
  • Annual Taxes$16,882 (2025)

Features & Amenities

  • Water SourceMunicipal Water
  • SewerOther

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Map & Neighborhood

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Listing courtesy of Compass Florida, LLC, Gerardo Gonzalez.
Equal HousingInformation provided by the MIAMI Association of REALTORS.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the MIAMI Association of REALTORS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection.

Last updated: 2026-06-04
Gerardo Gonzalez is a real estate agent affiliated with Compass. Compass Florida, LLC d/b/a Compass is a licensed real estate broker and abides by equal housing opportunity laws.