1429 NE 118th Ter Miami FL 33161 MLS #A12053910
1429 NE 118th Ter
Miami, FL, 33161
$749,000
Beds
0 Baths
1,820 SqFt
0 Acres
$749,000
1429 NE 118th Ter
Miami, FL, 33161
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Turnkey Income-Producing Duplex! Don’t miss this exceptional investment opportunity in the growing Biscayne Court area of Miami. This well-kept duplex consists of two spacious 2-bedroom, 2-bath residences, each featuring central air conditioning, tile floors, in-unit washer and dryer, separate electric meters, and private entrances. Currently fully leased with stable rental income of $4,400 per month ($2,250 and $2,150), offering immediate cash flow from day one. The property is ideally situated just off Biscayne Boulevard near Whole Foods, shopping centers, restaurants, universities, parks, and major commuter routes, making it highly desirable to tenants. Its central location provides convenient access to Downtown Miami, Miami Shores, North Miami, Aventura, and beautiful beaches. Whether you’re a seasoned investor completing a 1031 exchange or a buyer seeking to offset your mortgage by occupying one unit while renting the other, this duplex represents an outstanding opportunity in a high-demand rental market with strong long-term appreciation potential.

Property Details

Price:
$749,000
MLS #:
A12053910
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Duplex
Subdivision:
BISCAYNE COURT
Neighborhood:
biscaynecourt
Listed Date:
Jul 17, 2026
Finished Sq Ft:
1,820
Total Sq Ft:
1,892
Year Built:
1971
AttachedBiscayne CourtBiscaynecourtBiscayne Court

Schools

Interior

Cooling
Electric
Flooring
Tile
Heating
Central, Electric

Exterior

Architectural Style
Attached
Construction Materials
CBS Construction
Lot Features
Less Than 1/4 Acre Lot
Parking Spots
6
Parking Total
6
Roof
Shingle
Stories
1

Financial

Tax Year
2025
Taxes
$9,094
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Current real estate data for Multi Family in Miami as of Jul 18, 2026
483
Multi Family Listed
151
Avg DOM
475
Avg $ / SqFt
$1,171,508
Avg List Price

Community

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Property Summary

    Located in the BISCAYNE COURT subdivision, 1429 NE 118th Ter Miami FL is a Multi Family for sale in Miami, FL, 33161. It is listed for $749,000
1429 NE 118th Ter
Miami, FL