250 NE 119th Terrace, Miami, FL 33161 (MLS# A11950336)

250 NE 119th Terrace, Miami, FL 33161

$2,250,000

Virtual Tour

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

Property Type: Residential Income Square Footage: 5,600 Status: Active

Current Price: $2,250,000 List Date: 1/28/2026 Last Modified: 7/09/2026

Overview

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 n ... (Read more)

Listing Details MLS# A11950336

General Property Information

Number Of Units Total: 4
Property Sub Type: Duplex
Living Area Main: 5600
Year Built: 2026
Parking Total: 4
Outdoor Living Spaces YN: Yes
Stories Total: 2
Pool Private YN: No

Property Features

Documents Available: Other Available Information Flooring: Tile Property Condition: New Construction Structure Type: Duplex Construction Materials: Block Cooling: Central Air; Electric Heating: Central; Electric; Separate Meters Listing Terms: Cash; Conventional Lot Features: Room for Pool Possession: Negotiable Roof: Other Sewer: Public Sewer Tax Information: City/County; Tax Reflects No Exemptions Utilities: Cable Available Water Source: Public Showing Requirements: Showing Service Outdoor Living Spaces: Balcony Unit 1 Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Unit 1 Parking Features: Parking Space Unit 2 Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Unit 2 Parking Features: Parking Space

Contract Information

Comp Sale YN: No
Original List Price: 3250000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 250
Street Direction Prefix: NE
Street Name: 119th
Street Suffix: Terrace
City Name: Miami
Municipal Code: 30
State Or Province: FL
Postal Code: 33161
Postal Code +4: 0000
Postal Zip: 33161
Subdivision Name: BELLEVUE BISCAYNE
Area: 2220
Elementary School: Gratigny
Middle Or Junior School: North Miami
High School: North Miami
Parcel Number: 3022310370330
Subdivision Number: 37
Zoning: 5700
Flood Zone: AE

Financial Information

Tax Annual Amount: 10242
Tax Year: 2025
Tax Legal Description: BELLEVUE BISCAYNE PB 17-29 LOTS 15 TO 19 INC BLK 6 PER UNITY OF TITLE DATED 5/11/65 & W25FT OF N1/2 OF ST LYG BTW BLKS 6 & 7 PB 17-29 LOT SI

Status Change Information

Major Change Timestamp: 2026-05-01T14:27:09Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-05-01T14:27:09Z
Status Change Date: 2026-01-28

More Information

Income and Expenses

Gross Income: 14000

Storm Protection

Impact Glass: Complete

Unit 1 Details

Actual Rent: 7000
Baths Full: 4
Efficiency YN: No
Furnished: Unfurnished
SqFt: 2800

Unit 1 Lease Description

Occupant Type: Vacant

Unit 2 Details

Actual Rent: 7000
Baths Full: 4
Efficiency YN: No
Furnished: Unfurnished
SqFt: 2800

Unit 2 Lease Description

Occupant Type: Vacant

Section Details

Parcel Number MLX: 0330

Originating Details

Originating System Key: 425706583
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Flooring

Tile: Yes

Property Condition

New Construction: Yes

Documents Available

Other Available Information: Yes

Structure Type

Duplex: Yes

Possession

Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes

Heating

Central: Yes
Electric: Yes
Separate Meters: Yes

Construction Materials

Block: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Room for Pool: Yes

Roof

Other: Yes

Water Source

Public: Yes

Cooling

Central Air: Yes
Electric: Yes

Showing Requirements

Showing Service: Yes

Tax Information

City/County: Yes
Tax Reflects No Exemptions: Yes

Outdoor Living Spaces

Balcony: Yes

Unit 1 Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 1 Parking Features

Parking Space: Yes

Unit 2 Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 2 Parking Features

Parking Space: Yes

Listing Office: Compass Florida, LLC

Last Updated: July - 09 - 2026

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