250 NE 119th Terrace, Miami FL 33161 | Miami-Dade County | A12089528
  • $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

At 250 NE 119th Terrace in Miami, this 2026 duplex presents a flexible investment opportunity with approximately 5,600 square feet of living space. The two-story structure is currently configured as two spacious 4-bedroom, 4-bathroom residences, spanning two full floors. The design allows for functional separation between the upper and lower levels, providing a solid foundation for various ownership strategies. The layout supports significant income potential through reconfiguration. With the necessary permits and approvals, the property can be divided into four separate units. Depending on the final configuration, this could result in four 2-bedroom, 2-bathroom units of about 1,400 square feet each, or four 3-bedroom, 2-bathroom units if additional bedrooms are added. This versatility offers investors the chance to optimize rental value and long-term returns. Amenities include balconies, in-unit washer and dryer hookups, individually metered air conditioning systems, and on-site parking. Priced at $2,250,000, the home offers modern construction and practical features for tenants or owners. For specific details on permits, approvals, or current zoning restrictions, call 305-859-4733.

Frequently Asked Questions

How many units and bedrooms does this property offer?

This new construction is currently a two-story duplex configured as two separate 4-bedroom, 4-bathroom residences. With proper permits and approvals, the layout can be reconfigured into four separate 2-bedroom, 2-bathroom units, or potentially four 3-bedroom, 2-bathroom units.

What is the total square footage and year built?

The property offers approximately 5,600 square feet of living space and was built in 2026.

What amenities are included in the individual units?

Each unit features a balcony, in-unit washer and dryer, individually metered air conditioning systems, and access to on-site parking.

What is the purchase price for this duplex?

The asking price for this property is $2,250,000.

What are the potential rental configurations for the property?

The floor plan allows for four 2-bedroom, 2-bathroom units of approximately 1,400 square feet each. It may also support four 3-bedroom, 2-bathroom units, subject to necessary approvals.

Where is this property located?

The address is 250 NE 119th Terrace in Miami, FL 33161, within the Bellevue Biscayne building and subdivision.

Have a question about this Miami listing?

Talk directly with Christopher Lazaro, your Miami real estate advisor. No pressure — real answers.

This listing is courtesy of Compass Florida, LLC.

Listing data courtesy of MIAMI Association of REALTORS (RAPB/GFLR) via Bridge Interactive. Copyright SEFMLS © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

  • Address: 119th Terrace
  • City: Miami
  • Zip/Postal Code: 33161

Details

Updated on October 19, 2026 at 7:37 pm
  • Property ID A12089528
  • Price $2,250,000
  • Property Size 5600 Sq Ft
  • Year Built 2026
  • Property Status Active, Residential Income

Additional details

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

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