Active

250 NE 119th Terrace

Miami, FL 33161

$2,250,000 $9,486/Mo

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Overview

Bed

Bath

5,600

Sqft

Description

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

Property Type : ResidentialIncome

Price : $2,250,000

AD Id : 74736438

MLS Id : A11950336

Beds : 8

Living Area Size : 5,600

Year Built : 2026

County : Miami-Dade

Subdivision: Golf Estates

Map

Features

Interior Features

Roof: Other

Window Features: ImpactGlass
Heating & Cooling

Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir, Electric

Building Information

Year Built: 2026

Construction Materials: Block

Stories: 2

Pool Features: None

Private Pool: No
Exterior Features

Exterior Features: Balcony, RoomForPool

Lot Information

Lot Description: LessThanQuarterAcre

Property Information

Subdivision: BELLEVUE BISCAYNE Source Property Type: ResidentialIncome Postal Code Plus 4: 0000 Zoning Description: 5700 Property SubType: Duplex Levels: Two Property Age: 0

Listing Price Information

Listing Price: $2250000

Original Price: $3250000

Cash, Conventional

Tax Information

Parcel Number: 30-22-31-037-0330 Tax Year: 2025 Annual Tax: $10242 Tax Legal Desc: BELLEVUE BISCAYNE PB 17-29 LOTS 15 TO 19 INC BLK 6 PER UNITY OF TITLE DATED 5/11/65 & W25FT OF N1/2 OF ST LYG BTW BLKS 6 & 7 PB 17-29 LOT SI

Parking Information

Parking Total: 4

Utility Information

CableAvailable
Location Information

WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
11310 Peachtree Dr, Miami, FL, 33161	$699,999	3	3	1,204	1,204 SqFt
171 NE 117th Street, Miami, FL, 33161	$725,000	4	4	1,765	1,765 SqFt
1301 NE 110th Terrace, Miami, FL, 33161	$610,000	4	3	1,482	1,482 SqFt
1255 NE 110th Ter, Miami, FL, 33161	$660,000	5	2	--
224 NE 111th St, Miami, FL, 33161	$675,000	3	1	1,484	1,484 SqFt
283 NE 111th Street #283, Miami, FL, 33161	$599,000	2	2	1,682	1,682 SqFt
1220-1222 NE 110th Ter, Miami, FL, 33161	$749,000	4	3	2,090	2,090 SqFt
Residentialincome, Miami, FL, 33161	$1,100,000	5	3	--
12001 W Biscayne Canal .., Miami, FL, 33161	$750,000	4	2	1,559	1,559 SqFt
11515 NE 12th Ave, Miami, FL, 33161	$880,000	6	2	2,331	2,331 SqFt

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ByOwner last updated this listing 06/15/2026 @ 09:07

MLS: A11950336 LISTED BY: Talita Pinheiro, Compass Florida, LLC 305-851-2820 SOURCE: SEFMIAMI