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$2,250,000123 days on marketActive

250 NE 119th Terrace, Miami, FL 33161

Miami, FL 33161
5,600
Sq Ft
$402
$/Sq Ft
2026
Year Built

Listing Snapshot

List Price$2,250,000
Price / Sq Ft$402
Beds0
Baths0
Living Area5,600 sqft
Year Built2026
Property Tax$10,242/yr
MLS #1151781471
StatusActive
Days on Market123

About This Home

Brand-new two-story duplex offering exceptional flexibility and income potential in North Miami Beach. Each side is currently configured as a spacious 4-bedroom, 4-bathroom residence spanning two full floors, totaling approximately 5,600 sq ft of new construction.The layout provides an opportunity for functional separation between upper and lower levels. With proper permits and approvals, the property may be reconfigured into four separate units. Using the current layout, this could result in four 2-bedroom, 2-bathroom units, each offering approximately 1,400 sq ft — an extremely generous size that supports strong rental income potential.Additionally, the floor plan allows the possibility to add another bedroom per unit (subject to approvals), creating four 3-bedroom, 2-bathroom units, further enhancing rental value and long-term return.Features include balconies, in-unit washer and dryer, individually metered A/C systems, and on-site parking.Ideal opportunity for investors seeking new construction with immediate usability and significant upside through strategic reconfiguration (buyer to verify all feasibility with the city).

General Features

Property Type
ResidentialIncome
Sub-type
Duplex
Stories
2
Parking Spaces
4
Zoning
5700
Utilities
CableAvailable
Subdivision
BELLEVUE BISCAYNE

Interior Features

Flooring
Tile
Heating
Central,Electric,SeparateMeters
Cooling
CentralAir,Electric

Exterior Features

Construction
Block
Exterior Features
Balcony,OutdoorLivingArea,RoomForPool
Roof
Other
Patio / Porch
Balcony
Pool
No
Waterfront
No

Community Features

MLS Area
2220

Schools

ElementaryGratigny
MiddleNorth Miami
HighNorth Miami

Map

Virtual Tour

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Listed by Talita Pinheiro · Compass Florida, LLC
MLS# 1151781471 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.

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Estimate Your Payment

$

20% down · Loan: $1,800,000

%
Est. Monthly$13,133
Principal & Interest$12,279
Property Tax$854

Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.

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