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For Sale
Listed on July 16, 2026

1429 NE 118TH TER

$749,000
0 Beds
0 Baths
1,820 sqft
6 Parkings
Lot size:
-
Annual Tax:
$9,094
Occupancy:
Contact Agent
Year Built:
1971
Property type:
Multifamily
#MLS:
A12053910

Description

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.
Casanova International Realty

Features & Details

Learn about the features and details of 1429 NE 118TH TER

Property Details

  • Property Type
    Duplex
  • Living Area
    1,820 sqft
  • Year Built
    1971
  • Lot Size
    -
  • Stories
    -
  • Annual Tax
    $9,094
  • List Date
    7/16/2026
  • Updated
    7/19/2026
  • Last Checked
    Recent
  • MLS Number
    #A12053910
  • Brokerage
    Casanova International Realty
  • Postal Code
    33161
  • Area
    Miami-Dade
  • City
    Miami

Additional Property Features

  • Occupancy
    CallAgent
  • List Price
    $749,000
  • Unit Number
    -
  • Construction
    Block
  • Heating
    Central,Electric
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    No
  • Pets Allowed
    No
  • Air Conditioning
    Electric
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    None
  • Patio
    No
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
  • Property Manager
    -
  • Utilities Included
    None
  • Furnished
    No
  • Assessment Year
    2025
  • Assignment
    No
  • Extras Included
    None
  • Virtual Tour
    View virtual tour

Inside

  • Bedrooms & Baths
    0 Bed, 0 Bath
  • Ensuite
    Yes
  • Bathrooms
    0
  • Flooring
    Mixed

Price history

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Real estate trends

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Explore Miami-Dade

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FAQs About 1429 NE 118TH TER

1429 NE 118TH TER, MLS® A12053910 has a size of 1820 sqft.

There are bedrooms and bathrooms in this Multifamily at 1429 NE 118TH TER, MLS® A12053910.

Yes, there is parking available with 6 spot(s).

Annual taxes for this home are $9,094 based on 2025 tax year reports.
Miami Association of REALTORS®
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
©2025 Miami Association of REALTORS® all rights reserved.
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1429 NE 118TH TER
1429 NE 118TH TER