9254 NW 3rd Avenue, Miami, FL 33150

$1,500,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,500,000
Status
ACTIVE
Days on Market
230
MLS#
A11929117
Subtype
Residential Income
New Construction
Yes
Year Built
2025
Subdivision
Pinewood Park
MLS Area Major
2310

Property Description

Offer at this Incredible Price of $1,500,000 – Exceptional Investment OpportunityDiscover 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 FeaturesTwo Units – Each 3 Bedrooms / 2 BathroomsBrand-new construction with modern finishesHigh-quality workmanship throughoutPerfect for both investors and owner-occupantsStrong rental income potential in a high-demand areaWhy This Is a Smart Investment:Priced to sell fast at $1,500,000 – well below typical values for new construction in this corridor.Buyers consistently pay a premium for Miami Shores proximity, charm, and lifestyleExcellent dual-income potential:Live in one unit and rent the other, or Rent both units for maximum cash flowNew construction advantage: lower maintenance, higher rents, and stronger appreciation compared to older propertiesLong-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.

Additional Information

Taxes
$4,148
Flooring
Other
Heating
Other, Separate Meters
Air Conditioning
Central Air
Stories
1
Roof
Other
Elementary School
Hubert O. Sibley K-8 Academy
Middle School
Horace Mann
High School
Miami Edison

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of The Keyes Company. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: David Heinrich | Email: davidusa26@gmail.com