PINEWOOD PARK

9254 NW 3rd Ave, Miami FL 33150

For Sale · Active Listing

$1,299,000

13.40%

Est. Payment $6,914/mo

MLS Sheet Video

2025

Year Built

1

Stories

99

Days on Market

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.

Facts

MLS#
A11929117
Subdivision
PINEWOOD PARK
Property Type
Residential Income
Property Sub Type
Duplex
Year Built
2025
Lot Size
0 sqft
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
1
Garage
Pool
Days on Market
99 days
Listed
Dec 11, 2025
Last Updated
Mar 20, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

56

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

3/19/2026Price change$1,299,000-13.4%
12/11/2025Listed for sale$1,500,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

9254 NW 3rd Ave, Miami FL 33150Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$8,146/mo

Principal & Interest

$6,914

Property Tax

$1,083

Insurance

$150

HOA

$0

20% ($259,800)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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