Price Reduced 30.77%
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
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
Zoning:
5700
Subdivision:
BELLEVUE BISCAYNE
Heating:
Central, Electric
Cooling:
Central Air, Electric
Parking:
4-car
Est. Taxes:
$10,242
Construction
Block
Utilities
Cable Available
Lot Description:
< 1/4 Acre
Days on Market:
93
Pool:
None
MLS #:
A11950336
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of COMPASS FLORIDA, LLC 305-851-2820