Residential Income

9254 3rd Ave

Miami, FL 33150

ML#:A11929117

List Price:$1,299,000

Status:Active

Days on Market:99

Listing Brkr:The Keyes Company

Subdivision:PINEWOOD PARK

Bedrooms:0

Baths:0

SqFt (Liv):—

Lot Size:0 sqft

Year Built:2025

Stories:1

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.