All listings
Pending
PendingSingle Family Residence
$650,000$379 / sqft
126 NW 118th St, Miami FL 33168
Listed
4
Bedrooms
2
Bathrooms
1,716 sqft
Interior
1947
Year built
None
HOA
Single Family Residence
Type
About this home
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.
Features
- First Floor Entry
- Storage
- Utility Room/Laundry
- Workshop
- Other
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 4-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,800–$9,500.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.