1429 NE 118th Ter, Miami FL 33161

Description of 1429 NE 118th Ter, Miami FL 33161

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.

Property Details for 1429 NE 118th Ter, Miami FL 33161

Flooring

Tile

Heating

Central, Electric

Cooling

Electric

Architectural Style

Attached

Pool Private

No

Year Built Details

Resale

Building Information for 1429 NE 118th Ter, Miami FL 33161

Building Name

BISCAYNE COURT

Building Area Total

1892

Building Area Units

Square Feet

Stories

1

Stories Total

1

Association

No

Property Information for 1429 NE 118th Ter, Miami FL 33161

Lot Features

Less Than 1/4 Acre Lot

Lot Size Square Feet

0

Waterfront

No

View

No

Construction Materials

CBS Construction

Roof

Shingle

Sewer

Other

New Construction

No

Public Records for 1429 NE 118th Ter, Miami FL 33161

Parcel Number

30-22-32-020-0800

Tax Annual Amount

$9,094

Tax Year

2,025

Tax Legal Description

BISCAYNE COURT PB 12-8 LOT 18 BLK 5 LOT SIZE 50.00 X 140.00 OR 19259-1988 08 2000 1

Zoning

5700

County Or Parish

Miami-Dade County

Location