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1429 118th Ter, Miami, FL
Offering:
For Sale
Location:
Miami, FL 33161
Subdivision:
BISCAYNE COURT
Status:
Active
$720,000
Deemed reliable but not guaranteed.
Details
Year built:
1971
Levels:
One
Stories:
1
Parking:
6 spaces
Days on market:
53
Annual tax (2025):
$9,094
Type:
Duplex
MLS ID
A12053910
Virtual tour:
Listed by:
Casanova International Realty (279683490)
Listing office phone:
786-709-8186
Listing office email:
Listing agent:
Lazara Cruz-Casanova (3140882)
Features
Utilities
Available:
Cable Not Available
Sewer:
Other
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.
Price history
$749,000 → $720,000
·
Reduced by
$29,000 (3.9%) · 2 price changes
Location
1429 NE 118th TerMiami, FL 33161
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MLS information
Last updated Sep 7, 2026
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
