250 NE 119th Terrace Miami FL 33161 MLS #A11950336
250 NE 119th Terrace
Miami, FL, 33161
$2,500,000
Beds
0 Baths
5,600 SqFt
0 Acres
$2,500,000
250 NE 119th Terrace
Miami, FL, 33161
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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).

Property Details

Price:
$2,500,000
MLS #:
A11950336
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Duplex
Subdivision:
BELLEVUE BISCAYNE
Neighborhood:
bellevuebiscayne
Listed Date:
Jan 28, 2026
Finished Sq Ft:
5,600
Year Built:
2026
Units:
2
DetachedNewconstructionBellevue BiscayneBellevuebiscayneBellevue Biscayne

Schools

Interior

Cooling
Central Air, Electric
Flooring
Tile
Heating
Central, Electric

Exterior

Architectural Style
Detached
Construction Materials
Concrete Block Construction
Exterior Features
Balcony, Room For Pool
Lot Features
Less Than 1/4 Acre Lot
New Construction YN
1
Parking Spots
4
Parking Total
4
Roof
Other
Stories
2
Window Features
Clear Impact Glass, Complete Impact Glass, High Impact Windows, Impact Glass

Financial

Tax Year
2025
Taxes
$10,242
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Current real estate data for Multi Family in Miami as of Apr 18, 2026
500
Multi Family Listed
147
Avg DOM
474
Avg $ / SqFt
$1,135,555
Avg List Price

Community

Subdivisions in Miami

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Property Summary

    Located in the BELLEVUE BISCAYNE subdivision, 250 NE 119th Terrace Miami FL is a Multi Family for sale in Miami, FL, 33161. It is listed for $2,500,000
250 NE 119th Terrace
Miami, FL