$1,950,000
Active
$1,950,000
13201 197th
Miami, FL 33196
3 bd2 ba2,142 sqft
Redlands
$2,550,000182 days on marketActive
1225 NE 116th Street, Miami, FL 33161
Miami, FL 33161
0
Sq Ft
0.98 acres
Lot Size
Listing Snapshot
| List Price | $2,550,000 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 0 sqft |
| Lot Size | 0.98 acres |
| Property Tax | $16,882/yr |
| MLS # | 1149557974 |
| Status | Active |
| Days on Market | 182 |
About This Home
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.
General Features
- Property Type
- Land
- Sub-type
- UnimprovedLand
- Direction Faces
- South
- Zoning
- 5700
- Subdivision
- BAYVIEW ACRES
Interior Features
Exterior Features
- Lot Features
- CityLot
- Fencing
- Fenced
- Waterfront
- No
Community Features
- Community Features
- NearSchools
- MLS Area
- 2220
Schools
ElementaryW.J. Bryan
MiddleNorth Miami
HighNorth Miami
Map
Virtual Tour
View Virtual TourListed by Gerardo Gonzalez · Compass Florida, LLC
MLS# 1149557974 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
MLS# 1149557974 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
Interested in this home?
Schedule a showing or ask a question — buyer representation is free.
Estimate Your Payment
$
20% down · Loan: $2,040,000
%
Est. Monthly$15,323
Principal & Interest$13,916
Property Tax$1,407
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.
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