1429 118Th TerMiami, FL 33161

Property Details for 1429 118Th Ter

Year built

1971

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

Biscayne Court, located at 1429 NE 118th Ter, Miami, FL 33161, is a charming one-story apartment building constructed in 1971. This multifamily property presents a compelling investment opportunity in the desirable Miami-Dade County area. Currently configured as a duplex or triplex/quadruplex, the building boasts two bedrooms and two bathrooms in each unit. Recent upgrades include brand new plumbing and kitchens, enhancing both the aesthetic appeal and functionality of the units. Each unit is equipped with its own washer and dryer, adding to the convenience for residents. Individual water and electricity meters simplify utility billing and management. Central air conditioning ensures year-round comfort. All floors are covered in tile for easy maintenance. The property also features mature fruit trees, adding a touch of natural beauty to the landscape. This well-maintained property is situated in a prime location, offering excellent potential for rental income and long-term appreciation. The asking price is $650,900. This is an exceptional opportunity to acquire a profitable multifamily investment in a thriving Miami neighborhood.

Location Insight

City

Miami

County

Miami-Dade

State

Florida

Latitude

25.8853

Longitude

-80.1693

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