1429 NE 118th Ter, Miami, FL 33161
Local realty services provided by:CENTURY 21 Carioti
Listed by: lazara cruz-casanova
Office: casanova international realty786-709-8186
MLS#:A12053910
Source:SEFMLS
Price summary
- Price:$720,000
- Price per sq. ft.:$380.55
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 high-demand rental market with strong long-term appreciation potential....
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Home facts
- Year built:1971
- Subdivision & Development:BISCAYNE COURT
- Listing ID #:A12053910
- Updated:September 16, 2026 at 10:04 AM
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:$720,000
- Price per sq. ft.:$380.55
- Tax amount:$9,094 (2025)
Parking
- Total parking spaces:6
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