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9254 NW 3rd Avenue

Miami, FL 33150

$1,500,000 $6,324/Mo

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Overview

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Bath

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.

Property Details

Property Type : ResidentialIncome

Price : $1,500,000

AD Id : 70780933

MLS Id : A11929117

Beds : 6

Year Built : 2025

County : Miami-Dade

Subdivision: Pinewood Park

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Features

Interior Features

Roof: Other
Heating & Cooling

Has Heating: Yes Heating: Other, SeparateMeters Has Cooling: Yes Cooling: CentralAir

Building Information

Year Built: 2025

Private Pool: No

Lot Information

Lot Description: CornerLot

Property Information

Subdivision: PINEWOOD PARK Source Property Type: ResidentialIncome Postal Code Plus 4: 2221 Property SubType: Duplex Property Age: 1

Listing Price Information

Listing Price: $1500000

Cash, Conventional

Tax Information

Parcel Number: 3031010032740 Tax Year: 2025 Annual Tax: $4148 Tax Legal Desc: PINEWOOD PARK AMD PL 2ND ADD PB 34-84 LOT 12 BLK 22 LOT SIZE 47.860 X 145 COC 23961-1634 11 2005 4

Parking Information

Parking Total: 4

School Information

Elementary School: Hubert O. Sibley K-8 Academy Junior High School: Horace Mann Senior High School: Miami Edison
Utility Information

CableNotAvailable
Location Information

Direction: Use GPS

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Nearby Home Value

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6745 NW 4th Ct, Miami, FL, 33150	$640,000	4	2	1,500	1,500 SqFt
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7823 NW 5th Ave, Miami, FL, 33150	$1,199,000	8	6	3,408	3,408 SqFt
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175 NW 68th St, Miami, FL, 33150	$675,000	--	--	1,550	1,550 SqFt
405 NW 64th St, Miami, FL, 33150	$583,000	5	3	1,668	1,668 SqFt
330 NW 82nd Ter, Miami, FL, 33150	$500,000	5	3	1,447	1,447 SqFt

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9254 NW 3rd Avenue

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