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.

Features
Swimming Pool
Heating System
Cooling System
Roof:
Shingle
Sewer
Address Map
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''
MLS Addon
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
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Residential Income For Sale

1429 Ne 118th Ter, Miami, Florida 33161, Miami, Florida 33161

1,820 Sqft
$749,000
MLS # #A12053910
Basic Details
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
Agent info
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