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.
For sale
$749,000
1429 NE 118th Ter, Miami, FL 33161
4beds
4baths
1,820sqft
Duplex
Built in 1971
-- sqft lot
$716,500 Zestimate®
$412/sqft
$-- HOA
What's special
Private entrancesIn-unit washer and dryerCentral air conditioningTile floors
- 48 days
- 117
- 6
Zillow last checked:
Listing updated:
Listed by:
Lazara Cruz-Casanova 786-709-8186,
Casanova International Realty
Source: MIAMI,MLS#: A12053910
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Central, Electric
Cooling
- Electric
Features
- Flooring: Tile
Interior area
- Total structure area: 1,892
- Total interior livable area: 1,820 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
Features
- Stories: 1
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 3022320200800
- Zoning: 5700
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- CBS Construction
- Roof: Shingle
Condition
- Year built: 1971
Utilities & green energy
- Sewer: Other
Community & HOA
Community
- Subdivision: Biscayne Court
HOA
- Has HOA: No
Location
- Region: Miami
Financial & listing details
- Price per square foot: $412/sqft
- Tax assessed value: $475,551
- Annual tax amount: $9,094
- Date on market: 7/16/2026
- Listing terms: Conventional,FHA,FHA-Va Approved,VA Loan
Estimated market value
$716,500
$681,000 - $752,000
$3,003/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Listed for sale | $749,000+25.9%$412/sqft |
Source: | ||
| 10/23/2024 | Sold | $595,000-8.6%$327/sqft |
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| 9/9/2024 | Contingent | $650,900$358/sqft |
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| 8/15/2024 | Price change | $650,900-1.4%$358/sqft |
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| 7/30/2024 | Price change | $659,900-1.5%$363/sqft |
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| 7/9/2024 | Price change | $669,900-2.3%$368/sqft |
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| 6/14/2024 | Price change | $685,900-0.4%$377/sqft |
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| 5/28/2024 | Price change | $689,000-0.1%$379/sqft |
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| 5/16/2024 | Price change | $689,9000%$379/sqft |
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| 4/13/2024 | Listed for sale | $689,990-1.4%$379/sqft |
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| 2/29/2024 | Listing removed | -- |
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| 3/3/2023 | Listed for sale | $699,900+13%$385/sqft |
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| 2/21/2023 | Listing removed | -- |
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| 11/21/2022 | Price change | $619,2800%$340/sqft |
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| 8/9/2022 | Price change | $619,380-1.6%$340/sqft |
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| 7/21/2022 | Listed for sale | $629,380+28.5%$346/sqft |
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| 4/26/2022 | Listing removed | -- |
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| 4/26/2022 | Listed for sale | $489,900$269/sqft |
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| 3/19/2022 | Pending sale | $489,900$269/sqft |
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| 11/5/2021 | Price change | $489,900+4.7%$269/sqft |
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| 2/13/2021 | Price change | $467,899+3.7%$257/sqft |
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| 2/9/2021 | Price change | $450,999+0.4%$248/sqft |
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| 1/30/2021 | Price change | $448,9990%$247/sqft |
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| 1/26/2021 | Listed for sale | $449,000+18.2%$247/sqft |
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| 2/18/2020 | Sold | $380,000-8.2%$209/sqft |
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| 1/22/2020 | Pending sale | $414,000+21.8%$227/sqft |
Source: Premier Realty & Invest. Group #A10586933 Report a problem | ||
| 10/24/2018 | Sold | $340,000+74.4%$187/sqft |
Source: Public Record Report a problem | ||
| 12/11/2015 | Sold | $195,000+87.5%$107/sqft |
Source: Public Record Report a problem | ||
| 8/29/2000 | Sold | $104,000$57/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,474 +3% | $475,551 +11.9% |
| 2024 | $9,195 +7.2% | $424,806 +10% |
| 2023 | $8,574 +16.3% | $386,188 +10% |
| 2022 | $7,373 +11.4% | $351,080 +10% |
| 2021 | $6,619 +25.7% | $319,164 +36.1% |
| 2020 | $5,265 +10.3% | $234,496 +10% |
| 2019 | $4,774 +21.3% | $213,179 +28% |
| 2018 | $3,934 | $166,597 +10% |
| 2017 | $3,934 +8.2% | $151,452 +10% |
| 2016 | $3,635 +20% | $137,684 +34.4% |
| 2015 | $3,029 +13.3% | $102,469 +10% |
| 2014 | $2,673 -5% | $93,154 +10% |
| 2013 | $2,814 | $84,686 -18.1% |
| 2012 | $2,814 -4% | $103,422 -4.4% |
| 2011 | $2,932 -18.1% | $108,201 -17.3% |
| 2010 | $3,579 -25.1% | $130,798 -36.2% |
| 2009 | $4,780 -8.1% | $205,138 -11.5% |
| 2007 | $5,200 +33% | $231,777 |
| 2006 | $3,910 | -- |
| 2005 | $3,910 +12.7% | -- |
| 2004 | $3,469 +22.9% | -- |
| 2003 | $2,822 +51.4% | -- |
| 2002 | $1,863 | -- |
| 2001 | $1,863 | -- |
Find assessor info on the county website
Monthly payment
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