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$ 1,299,000
Est. payment /mo
Price Dropped by $50K
9254 NW 3rd Ave Miami, FL 33150
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Pinewood Park
MLS Listing ID A11929117
HOA Y/N No
Year Built 2025
Annual Tax Amount $4,148
Tax Year 2025
Property Sub-Type Duplex
Property Description
Price Reduction for a Quick Sale, Now Offer at this Incredible Price of $1,299,000 – Exceptional Investment Opportunity
Discover an incredible opportunity to own a newly constructed Duplex offering outstanding value and long-term upside. This modern building features two spacious units, each designed with comfort, style, and functionality in mind.
Property Features
Two Units – Each 3 Bedrooms / 2 Bathrooms
Brand-new construction with modern finishes
High-quality workmanship throughout
Perfect for both investors and owner-occupants
Strong rental income potential in a high-demand area
Why This Is a Smart Investment:
Priced to sell fast at $1,299,000 – well below typical values for new construction in this corridor.
Buyers consistently pay a premium for Miami Shores proximity, charm, and lifestyle
Excellent dual-income potential:
Live in one unit and rent the other, or Rent both units for maximum cash flow
New construction advantage: lower maintenance, higher rents, and stronger appreciation compared to older properties
Long-Term Upside:
Miami Shores and surrounding neighborhoods continue to grow in popularity, driven by their location, community character, and access to Miami's core. New construction duplexes in this area are rare and highly sought after making this an opportunity that will not last.
Brand-new construction duplex nearing completion, expected to be delivered by the end of the month. This modern property consists of two (2) spacious 3-bedroom / 2-bathroom units, designed to meet strong rental demand in the area.
Each unit features a full appliance package including refrigerator, stove, dishwasher, and microwave, along with in-unit washer and dryer. The property is equipped with two (2) central A/C systems (2.5 tons each), two (2) tankless water heaters, and a brand-new perimeter fence.
The building is separately metered with two water meters and two electrical meters, allowing tenants to pay their own utilities, significantly reducing landlord expenses and improving overall operating efficiency.
Projected market rents for new construction 3-bedroom units in the area are estimated between $3,500 and $4,500 per unit per month, offering strong income potential.
Current expenses are minimal due to ongoing construction. Property taxes are currently based on vacant land and will be reassessed by Miami-Dade County upon completion and issuance of the Certificate of Occupancy. Landscaping is approximately $80 per month. Insurance will be obtained once construction is completed.
This is an excellent opportunity for investors seeking a turnkey, low-maintenance asset with strong rental upside and efficient expense structure.
Discover an incredible opportunity to own a newly constructed Duplex offering outstanding value and long-term upside. This modern building features two spacious units, each designed with comfort, style, and functionality in mind.
Property Features
Two Units – Each 3 Bedrooms / 2 Bathrooms
Brand-new construction with modern finishes
High-quality workmanship throughout
Perfect for both investors and owner-occupants
Strong rental income potential in a high-demand area
Why This Is a Smart Investment:
Priced to sell fast at $1,299,000 – well below typical values for new construction in this corridor.
Buyers consistently pay a premium for Miami Shores proximity, charm, and lifestyle
Excellent dual-income potential:
Live in one unit and rent the other, or Rent both units for maximum cash flow
New construction advantage: lower maintenance, higher rents, and stronger appreciation compared to older properties
Long-Term Upside:
Miami Shores and surrounding neighborhoods continue to grow in popularity, driven by their location, community character, and access to Miami's core. New construction duplexes in this area are rare and highly sought after making this an opportunity that will not last.
Brand-new construction duplex nearing completion, expected to be delivered by the end of the month. This modern property consists of two (2) spacious 3-bedroom / 2-bathroom units, designed to meet strong rental demand in the area.
Each unit features a full appliance package including refrigerator, stove, dishwasher, and microwave, along with in-unit washer and dryer. The property is equipped with two (2) central A/C systems (2.5 tons each), two (2) tankless water heaters, and a brand-new perimeter fence.
The building is separately metered with two water meters and two electrical meters, allowing tenants to pay their own utilities, significantly reducing landlord expenses and improving overall operating efficiency.
Projected market rents for new construction 3-bedroom units in the area are estimated between $3,500 and $4,500 per unit per month, offering strong income potential.
Current expenses are minimal due to ongoing construction. Property taxes are currently based on vacant land and will be reassessed by Miami-Dade County upon completion and issuance of the Certificate of Occupancy. Landscaping is approximately $80 per month. Insurance will be obtained once construction is completed.
This is an excellent opportunity for investors seeking a turnkey, low-maintenance asset with strong rental upside and efficient expense structure.
Location
State FL
County Miami-dade
Community Pinewood Park
Area 32
Direction Use GPS
Interior
Heating Other
Cooling Central Air
Flooring Other
Exterior
Pool None
Utilities Available Cable Not Available
Roof Type Other
Total Parking Spaces 4
Private Pool No
Building
Lot Description Corner Lot, < 1/4 Acre
Story 1
Sewer Septic Tank
Level or Stories One
New Construction true
Others
Tax ID 30-31-01-003-2740
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11929117
Listed by The Keyes Company
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