1429 NE 118th Ter, Miami FL 33161

Turnkey income-producing duplex in the desirable Biscayne Court area of Miami. Built in 1971, this attached residential income property offers 1,820 square feet of living space and includes two spacious two-bedroom, two-bath residences. Each unit features tile flooring, central air conditioning with electric cooling, central electric heating, an in-unit washer and dryer, a private entrance, and a separate electric meter.

Located at 1429 NE 118th Ter, Miami FL 33161, the property is fully leased and currently generates $4,400 per month in rental income, with one unit rented for $2,250 and the other for $2,150. This provides immediate cash flow from day one and makes the duplex an attractive opportunity for investors, buyers completing a 1031 exchange, or owner-occupants who want to live in one unit while renting the other.

The Biscayne Court subdivision is ideally positioned just off Biscayne Boulevard, close to Whole Foods, shopping centers, restaurants, universities, parks, and major commuter routes. Residents enjoy convenient access to Downtown Miami, Miami Shores, North Miami, Aventura, and the area’s beautiful beaches. Miami’s warm year-round climate, vibrant dining scene, cultural attractions, nightlife, and strong transportation network make it a highly desirable place to live and rent.

With its central Miami-Dade County location, stable rental income, practical layout, and strong potential for long-term appreciation, this duplex is a compelling addition to any real estate portfolio.

For more information or to schedule a private showing, call or send a Tel/WhatsApp message to +1 786.468.4380.