1429 NE 118th Ter, Miami, FL 33161

• 1,820 sqft

Property 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.

Listing Status:

Active

Date Added:

July 16, 2026

Data Last Updated:

July 26, 2026 at 11:09PM

Listing Office:

Casanova International Realty : 786-709-8186

Listing Agent:

Lazara Cruz-Casanova : 786-709-8186

MLS ID:

A12053910

Interior

• Flooring: Tile
• A/C: Electric
• Heating: CentralElectric

Exterior

• Style: Attached
• Parking: Parking spaces: 6

Construction

• Roofing: Shingle
• General: CBS Construction1

Location

• Originating MLS: Miami Association of REALTORS®
• County: Miami-Dade County

Lot

• Zoning: 5700BISCAYNE COURT PB 12-8 LOT 18 BLK 5 LOT SIZE 50.00 X 140.00 OR 19259-1988 08 2000 130-22-32-020-0800

Utilities

• Sewer: Other

Financial

• Source: Miami Association of REALTORS®