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250 NE 119th Terrace Miami, FL $ 3,250,000
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$ 3,250,000 Get more info
250 NE 119th Terrace
$ 3,250,000
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Recently Listed New Construction
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250 NE 119th Terrace

Miami, FL, 33161
$ 3,250,000
Bedrooms2 Baths2.0 Sq 5,600

Monthly Estimate*

$ 20,011

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Multi-Family Home for sale in Miami, FL

for $3,250,000 with 2 bedrooms and 2 full baths. This 5,600 square foot home was built in 2026.

Brand-new construction duplex, currently configured as two 2-bedroom, 2-bathroom units, with the potential to be converted into a fourplex, subject to buyer’s due diligence and approvals. Each unit offers approximately 1,400 sq ft, totaling 5,600 sq ft of new construction, and also provides the flexibility to be reconfigured to a 3-bedroom, 2-bathroom layout. Features include balconies, in-unit washer and dryer, individually metered A/C, and on-site parking. Located in North Miami Beach, a rapidly growing area with strong rental demand. A great opportunity for investors seeking immediate rental income with long-term value-add potential.

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Multi-Family Active

Price

$ 3,250,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 10,242

Style

Year Built

2026

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11950336
Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Available
Possession Closing & Funding
Roof Other
Development Status New Construction
Pool Features None
Construction Materials Block
Year Built 2026
Stories Count 2
Levels Two
Property Subtype Duplex
Tax Year 2025
County Miami-Dade
New Construction true
Property Type Residential Income
Subdivision Name BELLEVUE BISCAYNE
Rent Includes Other
Full Baths 2
Status Active
City Miami
Zoning Description 5700
Number Of Units Total 1
MLS Area 22
Lot Size Units Square Feet
Listing Terms Cash Conventional
Year Built Details New Construction
Tax Annual Amount 10242
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11950336
Standard Status Active
Occupancy Type Vacant
Property Sub Type Additional Duplex
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
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Interior
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Total Bedrooms 2
Total Baths 0
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Exterior
Lot Features < 1/4 Acre
Total Parking 4
Building Area Total 0
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Compass Florida, Llc

Broker

alana.magalhaesfer@gmail.com

Email

Affordability Calculator

$20,864
Per Month
96%
4%
0%
Monthly Principal & Interest
$20,011
Monthly Property Taxes
$854
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
1/29/2026 $3,250,000 Listed Price

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250 NE 119th Terrace, Miami, FL, 33161 is a Multi-Family Home for sale at $3,250,000 with 5,600 sqft. 250 NE 119th Terrace has 2 bedrooms, 2.0 baths, and was built in 2026. The property's zip code is 33161 which is in Miami, FL

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