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9254 NW 3rd Ave, Miami FL 33150

Multi-family For Sale
$1,500,000

BTC: 23.01319423

ETH: 788.37825337

233 days
0 room(s)

Overview

Offer at this Incredible Price of $1,500,000 – 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 $1,500,000 – 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

Details

Type:
Residential Income
Parking:
No Data
Year Built:
2025
Lot:
No Data
Heating:
Other
Price/sqft:
No Data
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$789,000
$630K – $1.5M
Confidence Low
List vs. estimate
$711K above estimate
List $1,500,000 · +90.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
43 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $750K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,148
2025
Parking
4 spaces
All facts and features
  • Flooring

    • Other

    Heating

    • Other

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 30-31-01-003-2740

    • Zoning: 5700

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $4,148

  • Source details

    • MLS ID: A11929117

    Other facts

    • Lot Features: Less Than 1/4 Acre Lot / Corner Lot

    • Architectural Style: Detached

    • Subdivision Name: PINEWOOD PARK

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: The Keyes Company