Property Description

Price Reduction for a Quick Sale, Now Offer at this Incredible Price of $1,299,000 – 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 $1,299,000 – 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.

Overview

At a glance

Property Type

Residential Income

Property Sub-Type

Duplex

Address

9254 NW 3rd Avenue, Miami, FL 33150

Zoning

5700

MLS ID

A11929117

Listing Date

2025-12-11

Last Updated

5/31/2026, 7:02:17 AM

Days on Market

193

Subdivision

PINEWOOD PARK

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