1429 NE 118th Ter, Miami, FL 33161
As of , this home is for sale at $720,000 ($396 per sq ft). It was listed on .
MLS data updated .
Key facts
- Type
- Home
- Year built
- 1971
- Property tax
- $9,094 (2025)
- Waterfront
- No
- Cooling
- Electric
- Heating
- Central, Electric, Separate Meters
- MLS number
- A12053910
Listing information
Listing courtesy of Casanova International Realty, 786-709-8186, Lcruz4455@AOL.com
Listing agent: Lazara Cruz-Casanova, Lcruz4455@AOL.com
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MIAMI MLS. Listing data from MIAMI MLS (South East Florida Regional MLS). Information is deemed reliable but not guaranteed.
Listing information is provided for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify homes consumers may want to buy or rent.
Listing last changed .
From the listing
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.
The text above is the listing description from the MLS, as written by the listing agent.
The Miami market
As of , the median asking price in Miami is $639,000, or $498 per sq ft, across 8,408 listings for sale. The median listing for sale there has been on the market for 90 days.
Price and status history
- Listing date
- Days on market
- 96
- Original list price
- $749,000
- Price changes
- 1
| Date | Event | Price |
|---|---|---|
| Price changed | $749,000 → $720,000 | |
| Listed | $749,000 |
From the MLS. RealVista does not show sold prices.
