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1429 NE 118th Ter Miami, FL $ 749,000
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1429 NE 118th Ter
$ 749,000
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1429 NE 118th Ter

Miami, FL, 33161
$ 749,000
Bedrooms2 Baths2.0 Sq 1,820

Monthly Estimate*

$ 4,729

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Multi-Family Home for sale in Miami, FL

for $749,000 with 2 bedrooms and 2 full baths. This 1,820 square foot home was built in 1971.

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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Multi-Family Active

Price

$ 749,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 9,094

Style

Year Built

1971

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A12053910
Features
General
Sewer Other
Heating Central Electric
Cooling Electric
Utilities Cable Not Available
Possession Closing & Funding
Roof Shingle
Pool Features None
Construction Materials Block
Year Built 1971
Stories Count 1
Levels One
Property Subtype Duplex
Tax Year 2025
County Miami-Dade
Property Type Residential Income
Subdivision Name BISCAYNE COURT
Rent Includes None
Full Baths 2
Status Active
City Miami
Zoning Description 5700
Number Of Units Total 2
MLS Area 22
Lot Size Units Square Feet
Listing Terms Conventional FHA VA Loan
Year Built Details Resale
Tax Annual Amount 9094
Virtual Tour https://sites.sfvt.us/sites/xxxbxre/unbranded
Standard Status Active
Occupancy Type Call Agent
Property Sub Type Additional Duplex
Legal Description BISCAYNE COURT PB 12-8 LOT 18 BLK 5 LOT SIZE 50.00 X 140.00 OR 19259-1988 08 2000 1
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Interior
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Total Bedrooms 2
Total Baths 0
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Exterior
Lot Features < 1/4 Acre
Total Parking 6
Building Area Total 1892
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Casanova International Realty

Broker

Lcruz4455@AOL.com

Email

Affordability Calculator

$5,487
Per Month
86%
14%
0%
Monthly Principal & Interest
$4,729
Monthly Property Taxes
$758
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
7/17/2026 $749,000 Listed Price

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1429 NE 118th Ter, Miami, FL, 33161 is a Multi-Family Home for sale at $749,000 with 1,820 sqft. 1429 NE 118th Ter has 2 bedrooms, 2.0 baths, and was built in 1971. The property's zip code is 33161 which is in Miami, FL

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