For SaleDuplexActive
1429 NE 118th Ter
Miami, FL 33161
$720,000
118 Days On Site
- 1,820Sq Ft
- $396Per Sq Ft
- 1971Built
- Subdivision
- Biscayne Court
- County
- Miami-Dade
- MLS®
- A12053910
Overview
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.
Listing Snapshot
- Price
- $720,000
- Days On Site
- 118 Days
- Bedrooms
- N/A
- Inside Area (SqFt)
- 1,820 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- 0
- Lot Size
- N/A
- Year Built
- 1971
- MLS® Number
- A12053910
- Status
- Active
- Property Tax
- $9,094 (2025)
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- N/A
Property Details
General Features
7 items
- Levels
- One
- Parking Spaces
- 6
- Property Sub Type
- Duplex
- Sewer
- Other
- SqFt Total
- 1,892
- Utilities
- Cable Not Available
- Zoning
- 5700
Interior Features
3 items
- Cooling
- Electric
- Flooring
- Tile
- Heating
- Central, Electric
Exterior Features
3 items
- Construction Details
- Block
- Pool Features
- None
- Roof
- Shingle
Community Features
2 items
- MLS Area
- 22
- Financing Terms Available
- Conventional, FHA, VA Loan
Location
1429 NE 118th Ter, Miami, FL 33161 · 22
Neighborhood & Commute
ZIP Code 33161
- Median household income
- $53,375
- Income per person
- $24,955
- Households
- 17,323
- Average household size
- 2.88
- Median age
- 39.6
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Price & Status History
- Listing updated with changes from the MLS®
- Price changed to $720,000
- Status changed to Active
- Listing first seen on site
Friends & Family
Similar Homes
For sale in Miami, duplex, within 20% of this price.
$799,000Duplex For SaleActive2,106Sqft9311 SW 37th StMiami, FL 33165CENTRAL HEIGHTS Subdivision
$799,000Duplex For SaleActive2,872Sqft4850 NW 6th StMiami, FL 33126JAY BOB SUB PART NO 2 Subdivision
$799,000Duplex For SaleActive2,029Sqft11911 SW 213Miami, FL 33177SYMMES-SHARMAN TRACT Subdivision
New Listing · 3 weeks on site$799,900Duplex For SaleActive1,419Sqft3413 NW 6th AveMiami, FL 33127DEVONSHIRE PARK SUB Subdivision










