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$1,199,000
3181 NW 5th Avenue
Miami, FL 33127
MLS# A11899888
1526 sqft


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Property Description
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.

Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2025-10-28
Status: Active
Original List Price: 1299000
List Price: $1,199,000
Current Price: $1,199,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 1
Postal Zip: 33127
Subdivision Number: 23
Flood Zone: AH,X
Country: United States
Street Number: 3181
Street Direction Prefix: NW
Street Name: 5th
Street Suffix: Avenue
State Or Province: FL
Postal Code: 33127
Postal Code +4: 3728
Subdivision Name: NORTHERN BLVD TR
Area: 2310
Elementary School: Eneida Massas Hartner
Middle Or Junior School: Jose De Diego
High School: Booker T. Washington
Parcel Number: 0131250230020
Zoning: 6107
General Property Information
Number Of Units Total: 3
Adjusted Area Main: 1435
Living Area Main: 1378
Parking Total: 3
Stories Total: 1
Pool Private YN: No
Property Sub Type: Triplex
Building Area Main: 1526
Year Built: 1957
Financial Information
Estimated Monthly Assoc Recurring Fee: 0
Tax Annual Amount: 13377
Tax Year: 2024
Tax 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
Office/Member Information
DXORIGMLSID: SEF
Flooring
Tile: 1
Property Condition
Resale: 1
Documents Available
Other Available Information: 1
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Heating
Central: 1
Electric: 1
Separate Meters: 1
Construction Materials
Block: 1
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Concrete: 1
Tar/Gravel: 1
Income and Expenses
Gross Income: 9000
Cooling
Central Air: 1
Electric: 1
Showing Requirements
Call Listing Agent: 1
Tax Information
City/County: 1
Unit 1 Details
Actual Rent: 4000
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Unit 1 Lease Description
Occupant Type: Vacant
Unit 1 Parking Features
Open Parking: 1
Unit 2 Details
Actual Rent: 3000
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Unit 2 Lease Description
Occupant Type: Vacant
Unit 2 Parking Features
Open Parking: 1
Unit 3 Details
Actual Rent: 2000
Baths Full: 1
Efficiency YN: Yes
Unit 3 Lease Description
Occupant Type: Vacant
Unit 3 Parking Features
Open Parking: 1
Price Calculations
Current Price To SqFt: 870.1
Section Details
Parcel Number MLX: 0020
Status Change Information
Major Change Timestamp: 2026-03-10T15:25:03Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-03-10T15:25:03Z
Status Change Date: 2025-10-28
Originating Details
Originating System Key: 422132453
Originating System ID: M00000151
Property Features
Documents Available: Other Available Information
Flooring: Tile
Property Condition: Resale
Construction Materials: Block; CBS
Cooling: Central Air; Electric
Heating: Central; Electric; Separate Meters
Listing Terms: Cash; Conventional
Possession: Negotiable
Roof: Concrete; Tar/Gravel
Sewer: Public Sewer
Tax Information: City/County
Utilities: Cable Available
Showing Requirements: Call Listing Agent
Unit 1 Parking Features: Open Parking
Unit 2 Parking Features: Open Parking
Unit 3 Parking Features: Open Parking

IDX
Listing Office: Luxe Properties

Last Updated: July - 31 - 2026

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