$1,100,000
1515 NE 118th Street
Explore the area: Miami homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $1,100,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- 92
This multi-family property in Biscayne Court is listed at $1,100,000. It has been on the market for 92 days.
Estimated monthly payment
$5,781 /mo
Principal and interest only, based on $220,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,100,000
- Days on Site
- 92 Days
- Bedrooms
- 0
- Total Baths
- 0
- Year Built
- 1955
- Property Type
- Multi-Family
- MLS #
- A11994700
- Property Tax
- $6,120 (2025)
- Subdivision
- BISCAYNE COURT
- County
- Miami Dade
- Status
- Active
About This Property
Front unit 2/1 rented at $1,100/month. Middle unit, nonconforming; 1/1, rented at $650/month; buyer to verify zoning, use, and legal status. Both tenants are month-to-month with no written leases and no security deposits. Third/back unit is owner-occupied. 2/1. Buyer to verify all permits, use and zoning. Front unit and back unit has separate meters. Buyer to verify all income, expenses, tenancy, and property details during due diligence.Property sold AS-IS. Tenants in place; DO NOT DISTURB. DO NOT WALK THE PROPERTY. SHOWINGS BY APPOINTMENT ONLY. Value-add opportunity with below-market rents. Potential to increase income. All information entered into the MLS is believed to be correct but cannot be guaranteed, Buyers/Buyers Agent must independently verify all information relevant to Buyers.
General Features
- Property Type
- Multi-Family
- Status
- Active
- Year Built
- 1955
- Property Condition
- Resale
- Number of Stories
- 1
- Structure Type
- Duplex
- Sewer
- Septic Tank
- Zoning
- 5700
Interior Features
- Cooling
- Ceiling Fans / Wall Window Units
- Heating
- Other / Separate Meters / Wall Furnace
- Flooring
- Terrazzo / Tile / Wood
Exterior Features
- Construction
- Block
- Roof
- Fiberglass
Community & HOA
- Utilities
- Cable Available
- Financing Terms
- Cash / Conventional
- MLS Area
- 2220
Schools
- Elementary School
- David Lawrence Jr. K-8
- Middle School
- North Miami
- High School
- Alonzo and Tracy Mourning
About the Community
- Homes for Sale
- 2
- Median List Price
- $910,000
- Median $/Sq Ft
- $396
- Avg Days on Market
- 81
Frequently Asked Questions
- How do I schedule a tour of 1515 NE 118th Street, Miami, FL 33161?
- Use the Tour button on this listing to request a showing of 1515 NE 118th Street, Miami, FL 33161. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1515 NE 118th Street, Miami, FL 33161 still available?
- 1515 NE 118th Street, Miami, FL 33161 is currently listed as Active, and has been on the market 92 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1515 NE 118th Street, Miami, FL 33161?
- With 20% down ($220,000) on the $1,100,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1515 NE 118th Street, Miami, FL 33161 is about $5,781/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1515 NE 118th Street, Miami, FL 33161?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1515 NE 118th Street, Miami, FL 33161. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 1515 NE 118th Street, Miami, FL 33161?
- 1515 NE 118th Street, Miami, FL 33161 is zoned for David Lawrence Jr. K-8 (elementary), North Miami (middle), Alonzo and Tracy Mourning (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1515 NE 118th Street, Miami, FL 33161?
- Often, yes. The right offer on 1515 NE 118th Street, Miami, FL 33161 depends on how it's priced against comparable multi-family sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Global Luxury Realty LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$1,100,000
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Listed by Michele M Lubin Romelus, Global Luxury Realty LLC
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Recent Sales
Recently sold homes in Biscayne Court
These are the last 4 recorded closings in Biscayne Court, with the price each home actually sold for rather than what it was listed at. They closed at a median of $368 per square foot. The most recent closed on April 26, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$430,000
Sold · April 26, 2026
1450 NE 118th Street
3 bed · 2 bath · 1,358 sqft · $317/sqft
$40,000 under the asking price
Sold$680,000
Sold · February 20, 2026
1550 NE 118th Terrace
0 bed · 0 bath · 1,848 sqft · $368/sqft
$9,000 under the asking price
Sold$500,000
Sold · November 5, 2025
1550 NE 118th Terrace
4 bed · 4 bath · 1,848 sqft · $271/sqft
$160,000 under the asking price
Sold$685,000
Sold · August 18, 2025
1540 NE 118th Street
0 bed · 0 bath · 1,720 sqft · $398/sqft
See every recorded sale in Biscayne Court or find out what your Biscayne Court home is worth.
