1429 NE 118th Terrace, Miami, FL 33161
- $749,000
- 1,820
- SqFt
- List Price
- $749,000
- Days on Market
- 13
- MLS#
- A12053910
- Sq. Ft
- 1,820
- Subtype
- Duplex
- County
- Miami-Dade
- Subdivision
- Biscayne Court
- Year Built
- 1971
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.
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Additional Information
- Construction
- Block
- Cooling
- Electric
- Flooring
- Tile
- Heating
- Central, Electric, Separate Meters
- Roof
- Shingle
- Taxes
- $9,094
- Utilities
- Cable Not Available, Sewer Available
- Stories
- 1
- Price Per Sqft
- $411
- Elementary School
- David Lawrence Jr. K-8
- Middle School
- North Miami
- High School
- Alonzo and Tracy Mourning
Mortgage Calculator
Listing courtesy of Casanova International Realty. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Lazara Cruz-Casanova | Email: Lcruz4455@AOL.com