1429 NE 118th Ter, Miami, FL 33161
1429 NE 118th Ter, Miami, FL 33161
1429 NE 118th Ter, Miami, FL 33161
22
See all 22 photos
$749,000
Est. payment /mo
1,820 SqFt
New

1429 NE 118th Ter Miami, FL 33161

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,820 sqft

Price per Sqft $411

Subdivision Biscayne Court

MLS Listing ID A12053910

HOA Y/N No

Year Built 1971

Annual Tax Amount $9,094

Tax Year 2025

Property Sub-Type Duplex

Property Description

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.

Location

State FL

County Miami-dade

Community Biscayne Court

Area 22

Interior

Heating Central, Electric

Cooling Electric

Flooring Tile

Exterior

Pool None

Utilities Available Cable Not Available

Roof Type Shingle

Total Parking Spaces 6

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Other

Level or Stories One

Structure Type Block

Others

Tax ID 30-22-32-020-0800

Acceptable Financing Conventional, FHA, VA Loan

Listing Terms Conventional, FHA, VA Loan

Virtual Tour https://sites.sfvt.us/sites/xxxbxre/unbranded


Miami Association of Realtors (SEFMIAMI MLS)
Listed by Casanova International Realty
Name
Phone*
Message

Go tour this home

1429 NE 118th Ter