250 NE 119th Terrace, Miami, FL 33161
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250 NE 119th Terrace, Miami, FL 33161
250 NE 119th Terrace, Miami, FL 33161
250 NE 119th Terrace, Miami, FL 33161
250 NE 119th Terrace, Miami, FL 33161
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Alex Mendel

Alex Mendel

+1(561) 827-8449
$ 2,250,000
Est. payment /mo
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Price Dropped by $250K

250 NE 119th Terrace Miami, FL 33161

5,600 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,600 sqft

Price per Sqft $401

Subdivision Bellevue Biscayne

MLS Listing ID A11950336

HOA Y/N No

Year Built 2026

Annual Tax Amount $10,242

Tax Year 2025

Property Sub-Type Duplex

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).

Location

State FL

County Miami-dade

Community Bellevue Biscayne

Area 22

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Tile

Window Features Impact Glass

Exterior

Exterior Feature Balcony, Room For Pool

Pool None

Utilities Available Cable Available

Roof Type Other

Total Parking Spaces 4

Private Pool No

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Block

New Construction true

Others

Tax ID 30-22-31-037-0330

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11950336

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Compass Florida, LLC

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Alex Mendel

Alex Mendel

Agent

+1(561) 827-8449

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250 NE 119th Terrace

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