126 NW 118th St
Miami, FL 33168
Listing courtesy of INMO Brokers Group, LLC. (Gerry Young). Contact: [email protected].
INVESTMENT OPPORTUNITY! Spacious duplex at 126 & 128 NW 118th Street in Miami, situated on an approximately 10,575 SF lot in an established residential neighborhood. The property offers two residential units and approximately 1,716 SF of living area, providing an attractive opportunity for investors, owner-occupants, or buyers seeking rental income. The generous lot provides excellent outdoor space and potential for future improvements, redevelopment, or expansion, subject to zoning and applicable municipal requirements. Built in 1947, the property offers a solid opportunity to renovate, reposition, and maximize its income-producing potential. Conveniently located near major roadways, shopping, dining, schools, public transportation, and employment centers. A versatile multifamily property with strong potential for rental income, long-term appreciation, and value-add investment. Don't miss this opportunity to acquire a duplex with a large lot in Miami.
- Principal and interest
- $3,287
- Property tax
- $938
- Homeowners insurance
- $408
- HOA(not in the listing)
- $0
An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.
Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.
The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.
Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.
Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.