250 NE 119th Terrace, Miami FL 33161 | Miami-Dade County | A11950336
  • $2,800,000

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).

  • Address: 119th Terrace
  • City: Miami
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33161
  • Area: BELLEVUE BISCAYNE

Details

Updated on February 18, 2026 at 4:12 am
  • Property ID A11950336
  • Price $2,800,000
  • Property Size 5600 Square Feet
  • Year Built 2026
  • Type Duplex
  • Property Status Residential Income

Additional details

  • ArchitecturalStyle Detached
  • BuildingAreaTotal 0
  • BuildingAreaUnits Square Feet
  • BuildingName BELLEVUE BISCAYNE
  • ConstructionMaterials Concrete Block Construction
  • ContractStatusChangeDate 2026-01-28
  • Cooling Central Air, Electric
  • DaysOnMarket 20
  • DocumentsAvailable Other Available Information
  • ExpirationDate 2026-08-09
  • Flooring Tile
  • Heating Central, Electric
  • InternetAddressDisplayYN 1
  • InternetAutomatedValuationDisplayYN 1
  • InternetConsumerCommentYN 1
  • InternetEntireListingDisplayYN 1
  • ListAOR A-Miami Association of REALTORS
  • ListAgentDirectPhone 305-906-1526
  • ListingTerms All Cash, Conventional
  • LotFeatures Less Than 1/4 Acre Lot
  • LotSizeSquareFeet 0
  • MLSAreaMajor Bellevue Biscayne
  • MajorChangeTimestamp February 17, 2026 at 09:18pm
  • MajorChangeType Price Decrease
  • MlsStatus Active
  • ModificationTimestamp February 17, 2026 at 09:18pm
  • NumberOfUnitsInCommunity 4
  • NumberOfUnitsTotal 2
  • OnMarketDate 2026-01-28
  • OriginalEntryTimestamp January 28, 2026 at 09:59pm
  • OriginalListPrice 3250000
  • OriginatingSystemID miamire
  • OriginatingSystemKey miamire
  • OriginatingSystemName Miami Association of REALTORS®
  • OtherExpense 0
  • ParcelNumber 30-22-31-037-0330
  • ParkingTotal 4
  • PhotosChangeTimestamp January 29, 2026 at 01:38am
  • PhotosCount 40
  • Possession Funding
  • PostalCodePlus4 0000
  • PreviousListPrice 3250000
  • PriceChangeTimestamp February 17, 2026 at 09:18pm
  • PropertyCondition New Construction
  • PublicSurveyRange 22
  • PublicSurveySection 31
  • PublicSurveyTownship 22
  • RentIncludes Other Rent Incl
  • Roof Other
  • Sewer Public Sewer
  • ShowingInstructions See Broker Remarks, Showing Assist
  • SourceSystemKey 425706583
  • StateOrProvince FL
  • StatusChangeTimestamp January 28, 2026 at 09:59pm
  • Stories 2
  • StoriesTotal 2
  • StreetDirPrefix NE
  • StreetName 119th Terrace
  • StreetNumber 250
  • StreetNumberNumeric 250
  • StructureType Duplex
  • SyndicationRemarks 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).
  • TaxAnnualAmount 10242
  • TaxLegalDescription 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
  • TaxYear 2025
  • WaterSource Municipal Water
  • WindowFeatures Clear Impact Glass, Complete Impact Glass, High Impact Windows, Impact Glass
  • YearBuiltDetails New Construction
  • Zoning 5700

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Christopher Lazaro

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