Home/Search/3181 NW 5th Ave, Miami FL 33127
3181 NW 5th Ave, Miami FL 331271 / 37
For Sale
Triplex

$1,199,000

3181 NW 5th Ave, Miami FL 33127

3

Units

1,526

Building SF

6107

Zoning

About This Property

Prime Wynwood Investment Opportunity! Excellent return! 95,506 net short term rental income for 2025. Discover this versatile 3 unit multifamily property located just steps from Miami’s vibrant Wynwood Arts District, home to world renowned events like Art Basel and iii Points. The property features a well balanced mix of 3 units: a 2 bedroom/1 bath, a 1 bedroom/1 bath, and a studio, offering multiple income streams under one roof. With its proximity to Wynwood’s art galleries, restaurants, and nightlife, this property is a dream for short-term rental investors seeking strong returns in one of Miami’s most desirable tourist destinations. Zoned for flexibility and located in a high demand area, this is your chance to own an income generating gem in the heart of Miami’s creative hub.

Property Details

MLS #:A11899888
Price:$1,199,000
Original Price:$1,299,000
Status:For Sale
Days on Market:352
Date Listed:Oct 28, 2025
Living Area:1378 sqft
Building Area:1526 sqft
Price per Sqft:$870/sqft
Year Built:1957
Property Type:Residential Income
Property Sub Type:Triplex

Heating:Central, Electric
Cooling:Central Air, Electric
Flooring:Tile
Stories:1
Virtual Tour:Available

Architectural Style:Detached
Construction Materials:Concrete Block Construction, CBS Construction
Structure Type:Triplex
Roof:Composition Roll, Concrete, Tar & Gravel Roof
Lot Features:Less Than 1/4 Acre Lot
Sewer:Public Sewer

Total Parking:3

Area/Region:Northern Blvd Tr
Zoning:6107

Price per Sqft:$870/sqft
Annual Tax Amount:$13,377
Tax Year:2024
Listing Terms:All Cash, Conventional
Possession:Funding
Parcel Number:01-31-25-023-0020
Legal Description:JR HIGH SCHOOL RESUB PB 13-26 LOT 2 LESS N18FT & ALL LOT 3 & W1/2 OF ALLEY LYG E & ADJ CLOSED PER ORD # 13492 LOT SIZE 5162 SQ FT M/L
REsource

REsource

Real Estate Source Company

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Location

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Listing courtesy of Luxe Properties. Data last updated October 15, 2026 at 06:04 AM.