1429 NE 118th Ter, Miami, FL 33161

Miami
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
1429 NE 118th Ter,Miami, FL 33161
$749,000
Virtual Tour
  • - Beds
  • - Baths
  • 1,820 sq. ft.
  • Multi-family
  • Active
Listed by: lazara cruz-casanova
Office: casanova international realty786-709-8186
MLS#:A12053910
Source:SEFMLS

Price summary

  • Price:$749,000
  • Price per sq. ft.:$395.88

About this home

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...

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Home facts

  • Year built:1971
  • Listing ID #:A12053910
  • Updated:July 23, 2026 at 04:22 PM

Rooms and interior

  • Flooring:Tile
  • Living area:1,820 sq. ft.

Heating and cooling

  • Cooling:Electric
  • Heating:Central, Electric

Structure and exterior

  • Roof:Shingle
  • Year built:1971
  • Building area:1,820 sq. ft.
  • Construction Materials:Block
  • Levels:1 Story

Finances and disclosures

  • Price:$749,000
  • Price per sq. ft.:$395.88
  • Tax amount:$9,094 (2025)

Parking

  • Total parking spaces:6
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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