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250 NE 119th Terrace

Miami, FL 33161
Active

Property 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 new construction with immediate usability and significant upside through strategic reconfiguration (buyer to verify all feasibility with the city).

Property Details

Essential

  • StatusActive
  • Days On Site130
  • Days To Sale2026-01-28T00:00:00.000Z
  • MLS#A11950336
  • Property TypeResidential Income
  • Property Sub TypeDuplex
  • Number of Stories2.0
  • Property Size5,600 sqft
  • Lot SizeSquare Feet
  • Tax Amount$10,242
  • Tax Year2025
  • HOANo
  • Data SourceMiami Association of REALTORS®
  • Latest Update06/06/2026