Zumper
modified
Updated 5+ Days Ago

Highlights

  • Modern living
  • Stainless steel appliances
  • Sleek kitchen
  • Private backyard
  • Granite countertops
  • Up-and-coming neighborhood

Location

1497 Ne 118th Ter, Miami, FL 33161, USA
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Tour 1497 NE 118th Terrace

Contact

Management

Eleonora Depalma P.A.

Leasing office

(609) 432-1829

Property Overview

1497 NE 118th Terrace is rated highly overall, with standout value, strong amenities, and a convenient location contributing to its appeal. It features modern living with stainless steel appliances, a sleek kitchen, granite countertops, a private backyard, and sits in an up-and-coming neighborhood.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.6
Very Good
With a solid 8.6 out of 10 overall, 1497 NE 118th Terrace is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 1497 NE 118th Terrace has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • More space
  • Dishwasher

Floor plans

2BR/1.0BA2 bed1 bath1,100 sqft$2,350 /mo1 unit availableThis beautifully remodeled unit offers modern living in an up-and-coming neighborhood, just moments from Biscayne Boulevard’s vibrant dining and shopping scene. Inside, you'll find 24x24 porcelain tile throughout, a sleek kitchen with Espresso Shaker cabinets, granite countertops, stainless steel appliances, and impact windows for added safety and efficiency. The unit features two spacious bedrooms and two bathrooms, with a walking closet in the primary room. Enjoy the convenience of a private utility/laundry room, and a private backyard crafted for outdoor living! Living in this duplex unit has the same features of living in a single family home! - Additional upgrades include: - Brand new roof - Completely updated electrical system with separate meters - New underground plumbing - High-efficiency A/C units Move in terms and conditions: First Month's Rent: $2,350.00 Last Month's Rent: $2,350.00 Security Deposit: $2,350.00 Screening Fee: $75.00 per applicant Renter’s Insurance Required This is a must-see opportunity—schedule your showing today!

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Amenities for 1497 NE 118th Terrace

Apartment Amenities

Washer/Dryer Hookups

Appliances

DishwasherElectric Stove
In-Unit LaundryMicrowave
RangeRefrigerator
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
Building details

Property details

Units2
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About 1497 NE 118th Terrace

HomeApartments in Miami 1497 NE 118th Terrace

This beautifully remodeled unit offers modern living in an up-and-coming neighborhood, just moments from Biscayne Boulevard’s vibrant dining and shopping scene. Inside, you'll find 24x24 porcelain tile throughout, a sleek kitchen with Espresso Shaker cabinets, granite countertops, stainless steel appliances, and impact windows for added safety and efficiency. The unit features two spacious bedrooms and two bathrooms, with a walking closet in the primary room. Enjoy the convenience of a private utility/laundry room, and a private backyard crafted for outdoor living! Living in this duplex unit has the same features of living in a single family home! - Additional upgrades include: - Brand new roof - Completely updated electrical system with separate meters - New underground plumbing - High-efficiency A/C units Move in terms and conditions: First Month's Rent: $2,350.00 Last Month's Rent: $2,350.00 Security Deposit: $2,350.00 Screening Fee: $75.00 per applicant Renter’s Insurance Required This is a must-see opportunity—schedule your showing today!


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.6
/10
Very Good
With a solid 8.6 out of 10 overall, 1497 NE 118th Terrace is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 1497 NE 118th Terrace has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 1497 NE 118th Terrace
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
1497 NE 118th Terrace offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
1497 NE 118th Terrace goes above and beyond to provide sought-after conveniences and desirable perks, including dishwasher. Renters looking for popular or luxurious features will find them here—and for that reason, 1497 NE 118th Terrace receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
1497 NE 118th Terrace is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 1497 NE 118th Terrace does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 1497 NE 118th Terrace compares to other nearby properties.

Positives

More space
The 2-bedroom is 161 sqft larger than other listings nearby
Dishwasher
Dishwasher available in kitchen

Considerations

Greater distance from high schools
The nearest high school is farther than 1 mile away
Greater distance from middle schools
The nearest middle school is farther than 2 miles away
Greater distance from grade schools
The nearest elementary school is farther than 1 mile away
Lacks images
Fewer than 10 photos available for this location

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Rent trends in Miami

2-bedroom apartments at 1497 NE 118th Terrace cost about 32% less than the average rent price for 2-bedroom apartments in Miami.

Median rents as of Jul 25 2026.
Miami
A table of studio rental data trends in Miami
MonthMedian Rent
August 2024$2,144
September 2024$2,175
October 2024$2,112
November 2024$2,253
December 2024$2,265
January 2025$2,125
February 2025$2,000
March 2025$2,033
April 2025$2,037
May 2025$2,126
June 2025$2,193
July 2025$2,158
August 2025$2,140
September 2025$2,121
October 2025$2,099
November 2025$2,104
December 2025$2,052
January 2026$2,013
February 2026$2,006
March 2026$2,077
April 2026$2,183
May 2026$2,202
June 2026$2,207
July 2026$2,267

Affordability calculator

Can I afford to live at 1497 Ne 118th Ter?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$94,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $94,000 annually to afford this 2-bedrooms monthly rent price of $2,350.
For more information on rent affordability, visit our rent calculator.

Schools near 1497 NE 118th Terrace

David Lawrence Jr. K-8 Center

15000 bay vista blvd

north miami, FL, 33181

PK, K-8Public
B

Thena Crowder Early Childhood Diagnostic Special Education Center

757 nw 66th st

miami, FL, 33150

PK, KPublic

North Dade Center for Modern Languages Elementary School

1840 nw 157th st

miami gardens, FL, 33054

K-5Public
A

Teenage Parent Program

6300 nw 27th ave rm 92

miami, FL, 33147

PKPublic

Miami-Dade Virtual High School Franchise

1501 ne 2nd ave

miami, FL, 33132

K-12Public
B
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Internet available near 1497 NE 118th Terrace

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Miami near 1497 Ne 118th Ter

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

6/10
This area is close to freeways and has adequate parking options.

Cycling

4/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 1497 Ne 118th Ter, Miami

Groceries

8/10
At least one grocery store within a few minutes' walk

Shopping

7/10
Variety of shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

6/10
Variety of restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

1/10
No high schools within a 30-minute walk

Parks

7/10
Moderate amount of park space nearby

Nightlife

3/10
Few or no bars within walking distance

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