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Two-Bedroom Duplex with Private Yard
For Lease
$2,450/Mo

1521 NE 118th Ter 1, Miami, FL 33161

Cozy 2-bedroom, 1-bath duplex with a private backyard and flexible furnished or unfurnished rental setup.

Space SizeContact for details
Property Size700 SF
Days on Market70

Property Features for 1521 NE 118th Ter 1

General Information

Standard status Active
Size 700 SF
Property subtype Multi Family

Additional Details

Highway Access Yes

Building Details

Building Size 700 SF
Year Built 1954
Listing Agency:
Listed By: Julien Drieu
Source: Elliman
Added: Jun 15 Changed: Aug 13 Last Checked: Aug 23 at 4:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Julien Drieu

Investment Insights

Based on property information with market context.

This well-maintained 2-bedroom, 1-bath duplex is designed for comfortable everyday living, with bright interior spaces and a straightforward layout. The home offers spacious bedrooms and the option to rent furnished or unfurnished, depending on how you want to move in. Outside, the property includes a private backyard and gazebo, creating an added, usable space for relaxing at home.

The duplex is located in a quiet residential neighborhood next to Biscayne Blvd. Residents benefit from easy access to major highways, along with nearby shopping, dining, parks, and public transportation. Bike, walk, and transit scores are reported as 53 (Bikeable), 69 (Somewhat Walkable), and 41 (Some Transit).

This configuration can fit a variety of renters who want a home-like setup with outdoor space, while keeping day-to-day conveniences within reach. With the furnished/unfurnished flexibility, it’s also well-suited for relocation or remote work needs where a quick, comfortable start matters. The quiet setting paired with straightforward access to the surrounding commercial and transportation options supports practical, long-term use.

Key Highlights

  • 1954‑built duplex with 2 bedrooms and 1 bathroom
  • Private backyard with a gazebo
  • Flexible rental setup: can be rented furnished or unfurnished

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Restaurant Daycare Center Electrical Service HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,965
Businesses Nearby

Demographics for 33161, FL

53,015
Population
18,912
Households
2.8
Avg Household Size
37
Median Age
21%
College-Educated
81%
High-School Grad
5.5 sq mi
ZIP Area
9,639
Density / Sq Mi
$55,265
Median Household Income
$34,311
Median Earnings
$1,494
Median Rent
$376,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Cozy 2-bedroom, 1-bath duplex with a private backyard and flexible furnished or unfurnished rental setup.
Where is this duplex located?
The property is located at 1521 NE 118th Ter 1 Miami, FL.
What is the lease rate?
The lease rate is $2,450/Mo.
What are key features of this property?
This property features: 1954‑built duplex with 2 bedrooms and 1 bathroom; Private backyard with a gazebo; Flexible rental setup: can be rented furnished or unfurnished
More about this property
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