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1429 NE 118th Ter , Miami, FL 33161

$749,000
  • 1429 NE 118th Ter , Miami, FL 33161 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET1,820 MLS#A12053910
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONBISCAYNE COURT

Property Description

Turnkey Income-Producing Duplex! Dont 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 youre 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.

1429 NE 118th Ter | MLS# A12053910

This multi-family property located at 1429 NE 118th Ter , Miami, FL 33161 is currently listed for sale with an asking price of $749,000. Search Miami real estate on www.realty100.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Electric
Heating: Central, Electric
Home Style: Attached
Roof Type: Shingle
Stories: 1.0
Taxes: $9,094
Year Built: 1971

Feature Descriptions

Crops Included Y/N: No
Exterior: CBS Construction
Flooring: Tile
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: Conventional, FHA, FHA-Va Approved, VA Loan
Lot: Less Than 1/4 Acre Lot
Parcel#: 30-22-32-020-0800
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Other

Listed By / Shown By

Listed By

Agency Name: Casanova International Realty
Agency Phone: 786-709-8186

Shown By

Agency Title: Realty 100
Agency Phone: 954-859-2100

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Estimated Payment

$ 2,643.24 per month $1,666.95 Principal & Interest $757.83 Property Tax $218.46 Homeowner's Insurance

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