250 NE 119th Terrace, Miami FL 33161 | Miami-Dade County | A11950336
  • $2,250,000

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 Overview

This new two-story duplex at 250 NE 119th Terrace in Miami offers a versatile, income-generating opportunity in a growing part of North Miami Beach. Built as part of the Bellevue Biscayne development, the property is a 5,600-square-foot structure with four 4-bedroom, 4-bathroom units, each spanning two full floors. The current configuration allows for functional separation between levels, with each side already designed as a self-contained, spacious residence. The layout is flexible and has the potential—pending necessary permits—for reconfiguration into four 2- or 3-bedroom units. The possibility of expanding to 3-bedroom units with proper approvals could significantly increase the property’s rental appeal and long-term value. Each unit comes equipped with modern features like balconies, in-unit laundry, individually metered AC, and on-site parking, making it attractive to a wide range of tenants. As a brand-new construction, this duplex presents a solid long-term investment with clear income potential. The location in North Miami Beach is well-positioned for growth, and the property’s design allows for both immediate use and future customization. For more details or to explore the full opportunity, call 305-859-4733.

Frequently Asked Questions

What is the total square footage of the property?

The property has a total living area of 5,600 square feet.

How is the property currently configured?

The property is currently configured as a two-story duplex with each side set up as a 4-bedroom, 4-bathroom residence.

Can the property be converted into more units?

With proper permits and approvals, the property may be reconfigured into up to four separate units.

What are the potential unit configurations?

Currently, each side could be a 2-bedroom, 2-bathroom unit with 1,400 sq ft. With approvals, each unit could be expanded to a 3-bedroom, 2-bathroom configuration.

Are there any amenities included in the property?

Features include balconies, in-unit washer and dryer, individually metered A/C systems, and on-site parking.

Where is the property located?

The property is located at 250 NE 119th Terrace, Miami, FL 33161, in the North Miami Beach area.
  • Address: 119th Terrace
  • City: Miami
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33161
  • Area: BELLEVUE BISCAYNE

Details

Updated on June 24, 2026 at 8:47 pm
  • Property ID A11950336
  • Price $2,250,000
  • Property Size 5600 Sq Ft
  • Year Built 2026
  • Type Duplex
  • Property Status Active, Residential Income

Additional details

  • Flooring Tile
  • Cooling Central Air, Electric
  • Association Type None
  • Building BELLEVUE BISCAYNE
  • Area Bellevue Biscayne
  • Annual Tax 10242
  • Association No
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront No
  • Subdivision BELLEVUE BISCAYNE
  • Total Stories 2
  • Heating Central, Electric
  • Structure Type Duplex
  • Tax Year 2025
  • Construction Concrete Block Construction
  • Building Area 0
  • Year Built Details New Construction
  • Flood Zone AE
  • New Construction Yes
  • Style Duplex
  • Lot Size (Sq Ft) 0

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Christopher Lazaro

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