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About This Home

This 8-bedroom, 8-bathroom multi-family at 250 NE 119th Terrace in Miami, FL is listed for $2,250,000 ($402 per sqft). Built in 2026, the home offers 5,600 sqft of living space on a N/A lot.

Agent 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).

Key Features

  • Built in 2026
  • 4 parking spaces

Property Details

8 full
4 spaces
2026

Monthly Cost Estimate

$12,033/mo

20% down · 6.5% · 30 years

Principal$1,627
Interest$9,750
Insurance$656

Estimates only. Actual payments may vary.

Location

250 NE 119th Terrace

Miami, FL 33161

Bellevue Biscayne

Features & Amenities

Exterior Features

BalconyRoom For Pool

Property Details

Flooring

Tile

Construction

Block

Heating

CentralElectric (Heating)

Cooling

Central AirElectric

Questions & Answers

This 8-bedroom, 8-bathroom multi-family at 250 NE 119th Terrace is listed at $2,250,000 ($402/sqft). The estimated monthly payment is $9,750 based on 20% down at 6.5% interest.

Key features include: Built in 2026, 4 parking spaces. Exterior Features: Balcony, Room For Pool.

This property is listed by Talita Pinheiro and can be reached at 3059061526 or talita@talitapinheiro.com.

TP

Talita Pinheiro

Agent at Compass Florida, LLC

(305) 906-1526

Listed by Compass Florida, LLC · View on Broker Site

MLS# A11950336· Source: listhub· Updated today

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

250 NE 119th Terrace, Miami, FL 33161

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