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250 NE 119th Terrace, Miami FL 33161

Residential Income

250 119th Terrace

Miami, FL 33161

ML#:A11950336
List Price:$2,250,000
Status:Active
Days on Market:93
Listing Brkr:Compass Florida, LLC
Subdivision:BELLEVUE BISCAYNE
Bedrooms:0
Baths:0
SqFt (Liv):5,600
Lot Size:0 sqft
Year Built:2026
Stories:2

General Information

Type Property:Residential Income
Style:Duplex
Pool:
Garage Spaces:0
Parking:

Location Information

County:Miami-Dade County
Zip:33161
Subdivision:BELLEVUE BISCAYNE
Latitude:25.884895
Longitude:-80.192290

Additional Features

Exterior:Balcony, Room For Pool
Flooring:Tile
Heating:Central, Electric
Cooling:Central Air, Electric
Construction:Concrete Block Construction
Waterfront:No

Financial Information

Annual Taxes (2025):$10,242
Original Price:$3,250,000
Days on Market:93

Remarks

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).

Listing Agent

Talita Pinheiro

Compass Florida, LLC

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020

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