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$2,800,000 -$450,000 (-13.85%) Price Reduced

  • For Sale
  • Active
  • Duplex
  • 5,600 Sq. Ft.
  • Updated 4 days ago
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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).

Full Property Details for 250 NE 119th Terrace

General

  • Price: $2,800,000
  • Taxes: $10,242 (2025)
  • Status: Active
  • Type: Duplex
  • Source: Greater_Miami
  • MLS ID: A11950336
  • Updated: 2/17/2026
  • Added to Site: 25 day(s) ago

Rental Information

  • Rent Includes: Other Rent Incl

Interior

  • Flooring: Tile

Exterior

  • Exterior Features: Balcony, Room for Pool

Parking

  • Total Spaces: 4

Location

  • Area: Bellevue Biscayne
  • County: Miami-Dade County
  • Subdivision: BELLEVUE BISCAYNE
  • Building Name: BELLEVUE BISCAYNE

Community

  • Community Name: Bellevue Biscayne
  • Units Assoc/Comm: 4

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air, Electric
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Municipal Water

Structural Information

  • Architectural Style: Detached
  • Structure Type: Duplex
  • Detached/Attached: Detached
  • Construction: Concrete Block Construction
  • Roof: Other
  • Windows: Clear Impact Glass, Complete Impact Glass, High Impact Windows, Impact Glass
  • Stories/Levels: 2
  • Square Feet: 5,600
  • Living Area: 5,600 Sq. Ft.
  • Year Built: 2026
  • Property Condition: New Construction

Unit Information

  • Units in Complex: 4

Lot Features

  • Lot Features: Less Than 1/4 Acre Lot
  • Zoning: 5700

Financial Considerations

  • Price Per Sq. Ft.: $500
  • Tax Amount: $10,242
  • Tax Year: 2025
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Documents Avail.: Other Available Information
  • 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
  • Property ID: 30-22-31-037-0330

Listed by Compass Florida, LLC

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Listing agents

— 250 NE 119th Terrace —

  • Compass Florida, LLC

  • Compass Florida, LLC

305-906-1526

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 250 NE 119th Terrace

School District:Dade County School District
NameGradesDistance
Gratigny Elementary School
11905 North Miami Avenue, Miami, FL 33168
PK-50.3 mi
North Miami Middle School
700 Northeast 137th Street, North Miami, FL 33161
6-81.2 mi
North Miami Senior High School
13110 Northeast 8th Avenue, North Miami, FL 33161
9-121 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 250 NE 119th Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/17/2026
Price Reduced
$2,800,000
-13.85%
MLS
1/28/2026
Listed
$3,250,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

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NMLS#: 1598647

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Listed by Compass Florida, LLC

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250 NE 119th Terrace, Miami, FL 33161 (MLS# A11950336) is a Duplex property with 0 bedrooms and 0 full bathrooms. 250 NE 119th Terrace is currently listed for $2,800,000 and was received on January 28, 2026. Want to learn more about 250 NE 119th Terrace? Do you have questions about finding other Duplex real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

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