1225 NE 116th St

0.98
Acre
Status
Active
Size
0.98 Acres (3,961 m2)
Price
$2,602,041/Acre ($644/m2)
Type
Land
MLS Number
A11930972
On Site
190 Days
Updated
8 Days ago
Page Views
0
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 pur... Read more

Features

All features
  • Current Use: Residential, SingleFamily
  • Approx SqFt Total Area: 42640
  • Property SqFt: 42640
  • Remarks: 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.
  • Internet Remarks: 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.
  • Waterfront: No info
  • Directions: South
  • Days on Market: 182
  • Compass Point: NE
  • Office Name: Compass Florida, LLC
  • Taxes: 16882
  • Tax Year: 2025
  • Listing Date: 2025-12-17T19:10:33.000-00:00
  • Lot Size Square Feet: 42640

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Price History

Current
$2.6M
High
$2.6M
Low
$2.6M
Total Change
0%
$2.6M$2.6M$2.5MDec 25Jun 26
Date
Event
Price
Change
Price Per
06/17/2026
Price Reduced
$2.6M
0%
$60 ft2
$644 m2
12/15/2025
Listed
$2.6M
 
$60 ft2
$644 m2
06/17/2026
$2.6M
Event
Price Reduced
Change
0%
Price Per
$60 ft2
$644 m2
12/15/2025
$2.6M
Event
Listed
Price Per
$60 ft2
$644 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Gerardo GonzalezCompass Florida, LLC • Buyer Agency Compensation .

Listing Location & Street View
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