Duplex
250 NE 119th Terrace
250 NE 119th Terrace, Miami FL 33161 Get directions
$2,250,000
5,600 SqFt
See estimated monthly costThis listing is courtesy of Compass Florida, LLC. Talita Pinheiro
Overview
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 & features
Interior
- Living area (sq ft)
- 5,600
Building & exterior
- Year built
- 2026
- Balcony
- Room For Pool
Taxes
- Annual tax
- $10,242
- Tax year
- 2025
- Parcel number
- 30-22-31-037-0330
Listing
- MLS number
- A12089528
- Property type
- Duplex
- Price per SqFt
- $402
- Subdivision
- BELLEVUE BISCAYNE
- On market since
- Oct 19, 2026
- Days on market
- 0
Estimated monthly cost
$13,918 per month
- Principal & interest (30 yr)
- $11,377
- Property tax
- $854
- Insurance (estimated)
- $1,688
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- Cristo Rey Miami High School
- Gratigny Elementary
- Amazing Learning Academy
- Advance Christian Academy
- Montessori School of North Miami
- Biscayne Park School Early Learning Center
- ABI - Anis Blemur Institute & Academy
- It Takes A Village Acadmey of Excellence
- Hubert O. Sibley K-8 Center
- Montessori Achievement Center for Learning Needs
- Marie A. Rivette Child Development Center
- Early Learning Center
- Keystone National High School
- Miami Shores Montessori School
- St Rose of Lima School
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