BELLEVUE BISCAYNE

250 NE 119th Terrace, Miami FL 33161

5,600 ft²

For Sale · Active Listing

$2,250,000

30.77%

Est. Payment $11,975/mo

MLS Sheet Video

5,600

Sq. Ft.

2026

Year Built

2

Stories

93

Days on Market

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).

Facts

MLS#
A11950336
Subdivision
BELLEVUE BISCAYNE
Property Type
Residential Income
Property Sub Type
Duplex
Year Built
2026
Lot Size
0 sqft
Sq. Ft.
5,600 ft²
Sq. Mt.
520 m²
Price per sq. ft.
$402/ft²
Price per sq. mt.
$4,327/m²
Stories
2
Garage
Pool
Days on Market
93 days
Listed
Jan 28, 2026
Last Updated
May 1, 2026
Price/Lot Sq.Ft.

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

56

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

5/1/2026Price change$2,250,000-30.8%
1/28/2026Listed for sale$3,250,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

250 NE 119th Terrace, Miami FL 33161Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$14,000/mo

Principal & Interest

$11,975

Property Tax

$1,875

Insurance

$150

HOA

$0

20% ($450,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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