$2,250,000
250 NE 119th Terrace, Miami FL 33161
12 days on market
- Living area
- 5,600 sqft
- Price per sqft
- $402
- Type
- Duplex
- Year built
- 2026
- Taxes
- $10,242/yr
- MLS #
- A12089528
About this home
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).
Estimated subtotal
$854/mo
- Principal and interestThe current market rate is not available right now. Enter the rate your lender quoted.
- Not included
- Property taxMLS 2025 annual tax, shown monthly
- $854
- HOANot in the MLS record
- Not included
The current market rate is not available right now. Enter the rate your lender quoted.
Estimate. Jumbo and investor loans are often priced differently; verify with your lender. Property tax is the seller's current bill and may be reassessed after purchase. Items marked Not included are not in this total.
Is this the right price?
We send written comps, the full cost of owning it and an offer strategy before you tour or offer.
The neighborhood
Miami, 33161
What to check here
Compare association costs, flood exposure and financing across distinct condo submarkets.
Listing courtesy of Compass Florida, LLC
Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.