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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.

A12053910 MLS ⋅ 33161 Zip Code ⋅ Biscayne Court BLDG.

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.

1429 Ne 118th Ter, Miami

Front unit 2/1 rented at $1,100/month. Middle unit, nonconforming; 1/1, rented at $650/month; buyer to verify zoning, use, and legal status. Both tenants are month-to-month with no written leases and no security deposits. Third/back unit is owner-occupied. 2/1. Buyer to verify all permits, use and zoning. Front unit and back unit has separate meters. Buyer to verify all income, expenses, tenancy, and property details during due diligence. Property sold AS-IS. Tenants in place; DO NOT DISTURB. DO NOT WALK THE PROPERTY. SHOWINGS BY APPOINTMENT ONLY. Value-add opportunity with below-market rents. Potential to increase income. All information entered into the MLS is believed to be correct but cannot be guaranteed, Buyers/Buyers Agent must independently verify all information relevant to Buyers.

A11994700 MLS ⋅ 33161 Zip Code ⋅ Biscayne Court BLDG.

Front unit 2/1 rented at $1,100/month. Middle unit, nonconforming; 1/1, rented at $650/month; buyer to verify zoning, use, and legal status. Both tenants are month-to-month with no written leases and no security deposits. Third/back unit is owner-occupied. 2/1. Buyer to verify all permits, use and zoning. Front unit and back unit has separate meters. Buyer to verify all income, expenses, tenancy, and property details during due diligence. Property sold AS-IS. Tenants in place; DO NOT DISTURB. DO NOT WALK THE PROPERTY. SHOWINGS BY APPOINTMENT ONLY. Value-add opportunity with below-market rents. Potential to increase income. All information entered into the MLS is believed to be correct but cannot be guaranteed, Buyers/Buyers Agent must independently verify all information relevant to Buyers.

Miami