Homes for sale in Miami
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Duplex
1429 NE 118th Ter
Miami, FL 33161
$720,000
- Sq ft
- 1,820
- Year built
- 1971
- Price per sq ft
- $396
Listing courtesy of Lazara Cruz-Casanova, Casanova International Realty
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.
Details
Property
- Type
- Duplex
- Style
- Attached
- Building
- Duplex
- Year built
- 1971
- Stories
- 1
- Building name
- BISCAYNE COURT
- Subdivision
- BISCAYNE COURT
- County
- Miami-Dade County
- Flood zone
- AE
Interior
- Flooring
- Tile
- Cooling
- Electric
- Heating
- Central, Electric
Exterior and parking
- Construction
- CBS Construction
- Roof
- Shingle
Community and fees
- Annual taxes
- $9,094
- Terms
- Conventional, FHA, FHA-Va Approved, VA Loan
Neighborhood
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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.
Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated September 7, 2026.