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$689,000 Just Listed

  • For Sale
  • Active
  • Duplex
  • 1,848 Sq. Ft.
  • Updated 4 days ago
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Rare opportunity to own a well-located duplex on a spacious, private lot featuring a huge driveway, mature trees, and exceptional privacy. Ideally situated near Miami Shores and Biscayne Park with easy access to shopping, dining, and major roadways. Located in an area with A+ schools, perfect for investors or owner-occupants.

Full Property Details for 1550 NE 118th Terrace

General

  • Price: $689,000
  • Taxes: $6,920 (2025)
  • Status: Active
  • Type: Duplex
  • Source: Greater_Miami
  • MLS ID: A11943994
  • Updated: 1/12/2026
  • Added to Site: 5 day(s) ago

Rental Information

  • Rent Includes: None

Interior

  • Flooring: Vinyl

Parking

  • Total Spaces: 8

Location

  • Area: Biscayne Court
  • County: Miami-Dade County
  • Subdivision: BISCAYNE COURT
  • Building Name: BISCAYNE COURT

Community

  • Community Name: Biscayne Court
  • Units Assoc/Comm: 2

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: None

Utilities

  • Sewer: Septic Tank

Structural Information

  • Architectural Style: Detached
  • Structure Type: Duplex
  • Detached/Attached: Detached
  • Construction: CBS Construction
  • Roof: Shingle
  • Stories/Levels: 1
  • Building Size: 2036
  • Square Feet: 1,848
  • Living Area: 1,848 Sq. Ft.
  • Year Built: 1957

Unit Information

  • Units in Complex: 2

Lot Features

  • Lot Features: Less Than 1/4 Acre Lot
  • Zoning: 5700

Financial Considerations

  • Price Per Sq. Ft.: $372.84
  • Tax Amount: $6,920
  • Tax Year: 2025
  • Terms: All Cash, Conventional, FHA

Disclosures and Reports

  • Documents Avail.: None
  • Legal Description: BISCAYNE COURT PB 12-8 LOT 2 LESS BEG SW COR LOT 2 E30FT N30FT SW42.42FT TO POB BLK 4 LOT SIZE 7697 SQUARE FEET 73R-181473 OR 17502-1491 019
  • Property ID: 30-22-32-020-0310

Listed by Horizon Homes Realty Corp

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Listing agent

— 1550 NE 118th Terrace —

  • Horizon Homes Realty Corp

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1550 NE 118th Terrace

School District:Dade County School District
NameGradesDistance
David Lawrence Jr. K-8 Center
15000 Bay Vista Boulevard, North Miami, FL 33181
PK-52.4 mi
North Miami Middle School
700 Northeast 137th Street, North Miami, FL 33161
6-81.5 mi
Alonzo And Tracy Mourning Senior High Biscayne Bay Campus
2601 Ne 151st St, Miami, FL 33160
9-122.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1550 NE 118th Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/12/2026
Listed
$689,000
37.8%
MLS
11/05/2025
Sold
$500,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1550 NE 118th Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,953
7%
$466,804
—
2023
$6,496
35%
$466,817
74%
2021
$4,795
-11%
$268,245
-21%
2022
$5,364
12%
$339,829
32%
2021
$4,795
17%
$256,894
77%
2019
$4,099
12%
$145,545
10%
2018
$3,652
8%
$132,314
-17%
2017
$3,382
9%
$159,347
46%
2016
$3,113
3%
$109,351
10%
2015
$3,032
14%
$99,410
10%
2014
$2,652
8%
$90,373
10%
2013
$2,458
—
$82,158
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Horizon Homes Realty Corp

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1550 NE 118th Ter, Miami, FL 33161 (MLS# A11943994) is a Duplex property with 0 bedrooms and 0 full bathrooms. 1550 NE 118th Ter is currently listed for $689,000 and was received on January 12, 2026. Want to learn more about 1550 NE 118th Ter? Do you have questions about finding other Duplex real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

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