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250 NE 119th Terrace, Miami, FL 33161

$2,250,000
  • 250 NE 119th Terrace, Miami, FL 33161 Main Photo

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Active Price Reduced by $250,000 on May 1st, 2026
BEDS0 BATHS SQUARE FEET5,600 MLS#A11950336
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONBELLEVUE BISCAYNE

Property 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).

250 NE 119th Terrace | MLS# A11950336

This multi-family property located at 250 NE 119th Terrace, Miami, FL 33161 is currently listed for sale with an asking price of $2,250,000. Search Miami real estate on www.adamscameron.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Electric
Heating: Central, Electric
Home Style: Detached
Roof Type: Other
Stories: 2.0
Taxes: $10,242
Year Built: 2026

Amenities

Balcony
Room For Pool

Feature Descriptions

Crops Included Y/N: No
Days on Site: 94
Exterior: Concrete Block Construction
Flooring: Tile
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: All Cash, Conventional
Lot: Less Than 1/4 Acre Lot
Parcel#: 30-22-31-037-0330
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Swimming Pool: Yes
Units: 2
Water: Municipal Water
Window: Clear Impact Glass, Complete Impact Glass, High Impact Windows, Impact Glass

Listed By / Shown By

Listed By

Agency Name: Compass Florida, LLC
Agency Phone: 305-851-2820

Shown By

Agency Title: Adams Cameron & Co. REALTORS
Agency Phone: 386-717-3445

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Estimated Payment

$ 13,485.19 per month $11,975.44 Principal & Interest $853.50 Property Tax $656.25 Homeowner's Insurance

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