Price Reduced 30.77%

$2,250,000 ($401.79 per sqft)

Est. Mortgage $11,083/mo *

Quick Pre-Approval

Price History

$3,250,000
1/28/2026

$2,800,000
2/17/2026

$2,500,000
3/2/2026

$2,250,000
5/1/2026


250 NE 119th Terrace, Miami, FL, 33161

250 NE 119th Terrace, Miami, FL, 33161

2026

5,600 sqft

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).


Status:

Active

Type:

Multi-family

Units:

2

Zoning:

5700

Subdivision:

BELLEVUE BISCAYNE

Heating:

Central, Electric, Separate Meters

Cooling:

Central Air, Electric

Levels:

2

Est. Taxes:

$10,242

Construction

Block

Utilities

Cable Available

Lot Description:

Room for Pool

Elementary School:

Gratigny

Middle School:

North Miami

High School:

North Miami

Days on Market:

162

MLS #:

A11950336


Community Info

School Info

Walk Score

Yelp


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