Duplex in 250 NE 119th Terrace, Miami, FL 33161 for sale with MLS# A12089528

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).

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250 NE 119th Terrace, Miami, FL 33161

Price
Price:
$2,250,000.00
Original List Price:
$2,250,000.00
List Price per Sq Ft (Calculated, Approx.):
$401.78
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Duplex
Description of Last Important Update:
New Listing
Last Major Update on:
October 19, 2026 4:00 am
Measures
Living Area:
5,600 Sqft
Lot Features:
Room For Pool
Property Features
Waterfront:
No
Exterior:
Balcony
Air Conditioning
Air Conditioning System:
Central Air, Electric
Heating
Heating System:
Central, Electric, Separate Meters
Storm Protection Impact Glass:
Complete
Construction
Year Built:
2026
Roof:
Other
Number of Units Total:
2
Levels:
Two
Construction Materials:
Block
Flooring:
Tile
Number of stories:
2
Structure Type:
Duplex
Number of Units in the Community or Building:
2
Flood Zone Code:
AE
Property Condition:
New Construction
Taxes and Expenses
Tax Annual Amount:
$10,242.00
Tax Year:
2025
Property Tax Details:
City/County, Tax Reflects No Exemptions
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available
Water Source:
Public
Community
Subdivision Name:
BELLEVUE BISCAYNE
Senior Community:
No
Terms
Documents Available:
Other Available Information
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
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
Real Estate Folio Number (Parcel Number):
3022310370330
Zoning:
5700
Public Schools Assigned
Elementary School:
Gratigny
High School:
North Miami
Middle Or Junior School:
North Miami
Listing History
Active on the market since:
October 19, 2026
Listing Agreement executed on:
October 19, 2026
Listing Status Last Changed On:
October 19, 2026 4:00 am
Photos updated on:
October 19, 2026 2:52 pm
Last Modified:
October 19, 2026 3:58 pm
Additional Information
Courtesy of:
Compass Florida, LLC
Attribution:
Not provided
Location
Street Name:
119th
Street Number:
250
City:
Miami
State:
Florida
Zip Code:
33161
County:
Miami-Dade
Latitude:
N25° 53' 5.8''
Longitude:
W81° 48' 29.8''
Street Suffix:
Terrace
Street Direction Prefix:
NE
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $55,265
Median Home Value $376,500
Median Rent $1,494/mo
Median Age 37
Population 54,128
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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.