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1429 NE 118th Terrace Miami, FL 33161

1,820 Sqft, Duplex

AGENT'S REMARKS ABOUT 1429 NE 118TH TERRACE

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.

PROPERTY DETAILS

  • Property Type: Duplex
  • Approx Living Area: 1,820 SqFt
  • Year Built: 1971
  • Stories: 1
  • Flooring: Tile
  • Roof: Shingle
  • Total Floors in Building: 1
  • Construction: CBS
  • Cooling System: Electric
  • Heating: Central, Electric, Separate Meters
  • Utility Information: Cable Not Available, Sewer Available
  • County: Miami-Dade
  • Area: 2220
  • Subdivision: BISCAYNE COURT
  • Annual Property Taxes: $9,094
  • Elementary School: David Lawrence Jr. K-8
  • Junior High School: North Miami
  • High School: Alonzo and Tracy Mourning

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MAP LOCATION FOR 1429 NE 118TH TERRACE MIAMI, FL 33161

SIMILAR LISTINGS NEAR 1429 NE 118TH TERRACE

$849,000

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1112 NE 111th Street Miami FL, 33161

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1286 NE 110th Street Miami FL, 33161

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Listing courtesy of Casanova International Realty 07.17.2026

If you are interested in this property at 1429 NE 118th Terrace or any other properties in Miami please contact The Rucco Group at (561) 737-0366.