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.
- Swimming Pool
- Heating System
- Cooling System
- Roof:
- Shingle
- Sewer
- State:
- FL
- County:
- Miami-Dade
- City:
- Miami
- Zipcode:
- 33161
- Street:
- 1429 Ne 118th Ter, Miami, Florida 33161
- Longitude:
- W81° 49' 50.4''
- Latitude:
- N25° 53' 7''
- Building Area:
- 1,892 Sqft
- Construction Materials:
- Block
- Cumulative DOM:
- 1
- DOM:
- 1
- Flooring:
- Tile
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Lot Features
- Parcel Number:
- 30-22-32-020-0800
- Subdivision Name:
- BISCAYNE COURT
- Tax Annual Amount:
- $9,094
- Utilities
- Virtual Tour:
- Click Here
Residential Income For Sale
1429 Ne 118th Ter, Miami, Florida 33161, Miami, Florida 33161
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $749,000
- Square Footage :
- 1,820 Sqft
- Year Built :
- 1971
- MLS # :
- A12053910
- Property Sub Type :
- Duplex
