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.
New construction
Price increase: $201K (7/1)
$1,500,000
9254 NW 3rd Ave, Miami, FL 33150
6beds
4baths
--sqft
Duplex
Built in 2025
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Modern finishesHigh-quality workmanship throughoutIn-unit washer and dryerBrand-new perimeter fence
- 207 days |
- 81 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
David Heinrich 305-926-3106,
The Keyes Company
Source: MIAMI,MLS#: A11929117
Originating MLS: A-Miami Association of REALTORS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Other
Cooling
- Central Air
Features
- Flooring: Other
Interior area
- Total structure area: 0
Video & virtual tour
Property
Parking
- Total spaces: 4
Features
- Stories: 1
Lot
- Features: Less Than 1/4 Acre Lot, Corner Lot
Details
- Parcel number: 3031010032740
- Zoning: 5700
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Roof: Other
Condition
- New Construction
- New construction: Yes
- Year built: 2025
Utilities & green energy
- Sewer: Septic Tank
Community & HOA
Community
- Subdivision: Pinewood Park
HOA
- Has HOA: No
Location
- Region: Miami
Financial & listing details
- Tax assessed value: $242,900
- Annual tax amount: $4,148
- Date on market: 12/11/2025
- Listing terms: All Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$2,777/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Price change | $1,500,000+15.5% |
Source: | ||
| 3/19/2026 | Price change | $1,299,000-3.7% |
Source: | ||
| 1/12/2026 | Price change | $1,349,000-10.1% |
Source: | ||
| 12/11/2025 | Listed for sale | $1,500,000+15.4% |
Source: | ||
| 12/11/2025 | Listing removed | $1,300,000 |
Source: | ||
| 5/18/2025 | Price change | $1,300,000+18.2% |
Source: | ||
| 2/4/2025 | Price change | $1,100,000-26.7% |
Source: | ||
| 12/18/2024 | Listed for sale | $1,500,000+512.7% |
Source: | ||
| 5/4/2022 | Listing removed | -- |
Source: | ||
| 5/3/2022 | Listed for sale | $244,800+2% |
Source: | ||
| 4/20/2022 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/17/2022 | Listed for sale | $240,000+54.8% |
Source: Owner Report a problem | ||
| 12/16/2021 | Sold | $155,000-13.9% |
Source: Public Record Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/29/2020 | Listing removed | $180,000 |
Source: Owner Report a problem | ||
| 1/29/2020 | Price change | $180,000-5.3% |
Source: Owner Report a problem | ||
| 10/17/2019 | Listed for sale | $190,000 |
Source: Owner Report a problem | ||
| 9/10/2018 | Listing removed | $190,000 |
Source: Owner Report a problem | ||
| 6/8/2018 | Listed for sale | $190,000+13.8% |
Source: Owner Report a problem | ||
| 4/9/2018 | Sold | $167,000-1.8% |
Source: Public Record Report a problem | ||
| 1/4/2018 | Price change | $169,999-15% |
Source: Owner Report a problem | ||
| 12/12/2017 | Price change | $199,999+18.3% |
Source: Owner Report a problem | ||
| 12/8/2017 | Price change | $168,9990% |
Source: Owner Report a problem | ||
| 12/5/2017 | Listed for sale | $169,000+33.5% |
Source: Owner Report a problem | ||
| 11/7/2017 | Sold | $126,599+15.9% |
Source: Public Record Report a problem | ||
| 6/16/2017 | Pending sale | $109,200 |
Source: Owners.com #A10289272 Report a problem | ||
| 6/9/2017 | Listed for sale | $109,200+98.5% |
Source: REALHome Services and Solutions #A10289272 Report a problem | ||
| 3/1/2002 | Sold | $55,000+37.5% |
Source: Public Record Report a problem | ||
| 2/9/1994 | Sold | $40,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,148 +14.5% | $176,706 +10% |
| 2024 | $3,622 +16.5% | $160,642 +10% |
| 2023 | $3,109 +11.2% | $146,039 +10% |
| 2022 | $2,796 +3.3% | $132,763 +6.1% |
| 2021 | $2,707 +4.3% | $125,154 +5.5% |
| 2020 | $2,595 -33.8% | $118,646 -38.6% |
| 2019 | $3,920 +33.3% | $193,164 +35.5% |
| 2018 | $2,941 | $142,514 0% |
| 2017 | $2,941 -1.1% | $142,527 +63.4% |
| 2016 | $2,974 +126.5% | $87,231 +0.7% |
| 2015 | $1,313 -1% | $86,625 +0.8% |
| 2014 | $1,327 +4.4% | $85,938 +1.5% |
| 2013 | $1,271 | $84,668 +1.7% |
| 2012 | $1,271 +2.7% | $83,253 +3% |
| 2011 | $1,237 -2.4% | $80,829 +1.5% |
| 2010 | $1,268 +8.1% | $79,635 +2.7% |
| 2009 | $1,173 -15.5% | $77,542 +54.4% |
| 2007 | $1,389 -0.9% | $50,209 |
| 2006 | $1,401 | -- |
| 2005 | $1,401 +2.1% | -- |
| 2004 | $1,371 -20% | -- |
| 2003 | $1,714 +7.4% | -- |
| 2002 | $1,595 | -- |
| 2001 | $1,595 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 33150
Nearby schools
GreatSchools rating
- 6/10Hubert O. Sibley K-8 CenterGrades: PK-8Distance: 1.5 mi
- 3/10Miami Edison Senior High SchoolGrades: 9-12Distance: 2 mi
- 5/10Horace Mann Middle SchoolGrades: 6-8Distance: 0.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Miami-Dade County
- Miami Shores
- 33150
- 9254 NW 3rd Ave




