Bayview Acres For Sale
1225 Ne 116th St, Miami, FL 33161

$2,550,000
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A12078660
  • List Price: $2,550,000
  • Taxes:$16,882
  • Listing Date:August 27, 2026
  • Days On Market:1

Description


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.

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker