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9254 NW 3rd Ave
Multi-Family
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$1,299,000

9254 NW 3rd Ave, Miami

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6 bd·4 ba·0 sqft
Built 2025Pinewood Park North

9254 NW 3rd Ave, Miami, FL

6 bd · 4 ba · 0 sqft Multi-Family listed at $1,299,000, built in 2025 in the Pinewood Park North neighborhood.

About this home

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.

Property details

Price
$1,299,000
Bedrooms
6
Bathrooms
4
Year built
2025
Type
Multi-Family
Days on market
135
Est. property tax
$11,171/yr · $931/mo · 0.86% FL avg
Last sold
$155,000 · Dec 2021
Virtual tour

Estimated monthly payment

Down payment20% ($259,800)
Interest rate6.75%
Principal & Interest$6,740
Property Tax$1,191
Insurance$150
Total$8,081/mo

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Price history

▼ 3.7%Most recent change on 2026-03-19: $1,349,000 → $1,299,000.

$1.65M$771K$-104K$42K on Jun 86 (Sold)$55K on Mar 02 (Sold)$90K on Mar 12 (Initial list)$88K on Apr 12 (Price change)$85K on Aug 12 (Price change)$81K on Sep 12 (Price change)$81K on Sep 12 (Price change)$90K on Apr 14 (Initial list)$90K on May 14 (Price change)$90K on May 14 (Relisted)$90K on Jun 14 (Price change)$90K on Jun 14 (Relisted)$109K on Jun 17 (Price change)$109K on Jun 17 (Relisted)$147K on Nov 17 (Sold)$179K on Nov 17 (Sold)$167K on Apr 18 (Sold)$90K on Apr 18 (Price change)$90K on Oct 18 (Price change)$155K on Dec 21 (Sold)$245K on May 22 (Initial list)$245K on May 22 (Price change)$1.50M on Dec 24 (Initial list)$1.10M on Feb 25 (Price change)$1.30M on May 25 (Price change)$1.50M on Dec 25 (Initial list)$1.35M on Jan 26 (Price change)$1.30M on Mar 26 (Price change)
$42K · Jun 86$1.30M · Mar 26
  1. Mar 19, 2026$1,299,000Price change
  2. Jan 12, 2026$1,349,000Price change
  3. Dec 11, 2025$1,500,000Initial list price
  4. May 18, 2025$1,300,000Price change
  5. Feb 4, 2025$1,100,000Price change
  6. Dec 18, 2024$1,500,000Initial list price
  7. May 4, 2022$244,800Price change
  8. May 3, 2022$244,800Initial list price
  9. Dec 16, 2021$155,000Sold
  10. Oct 19, 2018$90,000Price change
  11. Apr 30, 2018$90,000Price change
  12. Apr 9, 2018$167,000Sold
  13. Nov 21, 2017$179,000Sold
  14. Nov 6, 2017$146,599Sold
  15. Jun 9, 2017$109,200Relisted
  16. Jun 6, 2017$109,200Price change
  17. Jun 13, 2014$90,000Relisted
  18. Jun 11, 2014$90,000Price change
  19. May 27, 2014$90,000Relisted
  20. May 26, 2014$90,000Price change
  21. Apr 10, 2014$90,000Initial list price
  22. Sep 8, 2012$80,500Price change
  23. Sep 7, 2012$80,500Price change
  24. Aug 28, 2012$84,500Price change
  25. Apr 23, 2012$87,500Price change
  26. Mar 3, 2012$90,000Initial list price
  27. Mar 1, 2002$55,000Sold
  28. Jun 1, 1986$42,000Sold

Location

This home is located in Miami, FL, in the South Florida area. Browse more Miami listings on the Miami market page or explore the full Miami market report.

Location

Map of 9254 NW 3rd Ave, Miami
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Home Intelligence

Neighborhood (zip 33150)

This neighborhood is primarily renter-occupied (28% owner-occupied). Median age is 35.2; 10% hold a bachelor's degree; median household income is $33,629.

Median income
$33,629
Median age
35.2
Owner-occupied
27.5%
Bachelor's degree
9.7%
Census median home value
$317,200

Source: US Census Bureau American Community Survey 5-year estimates.

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