ActiveDuplex
1429 NE 118th Ter, Miami FL 33161
Miami, FL 33161 · MLS #A12053910The residence
About this property
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.
At a glance
Property details
- Property type
- Duplex
- Listing type
- For sale
- Status
- Active
- Living area
- 1,820 sq. ft.
- Year built
- 1971
- Lot size
- 0 sq. ft.
- Subdivision
- BISCAYNE COURT
- County
- Miami-Dade County
- Days on market
- 53
- Original list price
- $749,000
- Listing date
- July 16, 2026
- Annual property tax
- $9,094 (2025)
- Listing agent
- Lazara Cruz-Casanova
- Listing office
- Casanova International Realty
- MLS number
- A12053910
Neighborhood & location
Explore BISCAYNE COURT
Review nearby homes, local services, commute routes, schools, flood information, and community rules as part of your due diligence. Neighborhood information can change and should be verified with the appropriate local authority.
Schools
School information
- School district
- Miami-Dade County Public Schools
Plan your purchase
Mortgage calculator
- Principal & interest
- $3,641
- Property taxes
- $758
- Homeowners insurance
- $360
- Estimated total
- $4,759
Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.
Continue your search
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Listing courtesy of Casanova International Realty, 786-709-8186.
Data provided by MIAMI Association of REALTORS®. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.