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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.
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
Monthly Cost Estimate
$12,033/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
250 NE 119th Terrace
Miami, FL 33161
Bellevue Biscayne
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Heating
Cooling
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.








