250 NE 119th Terrace, Miami, FL 33161

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).

Property Details

Flooring

Tile

Heating

Central, Electric

Cooling

Central Air, Electric

Architectural Style

Detached

Property Condition

New Construction

Building & Association

Building Name

BELLEVUE BISCAYNE

Stories

2

Stories Total

2

Association

No

Lot & Construction

Lot Features

Less Than 1/4 Acre Lot

Lot Size Square Feet

0

Waterfront

No

View

No

Construction Materials

Concrete Block Construction

Roof

Other

Exterior Features

Balcony, Room For Pool

New Construction

Yes

Public Records

Parcel Number

30-22-31-037-0330

Tax Annual Amount

$10,242

Tax Year

2,025

Zoning

5700

County Or Parish

Miami-Dade County

Location