$1,199,000

3181 NW 5th Ave, Miami FL 33127

Triplex
Built in 1957
$870/sqft
262 days on market

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

Exterior

  • Lot Features: Less Than 1/4 Acre Lot
  • Waterfront: No

Interior

  • Building Area Total: 1526
  • Interior Livable Area: 1,378 sqft
  • Cooling Type: Central Air | Electric
  • Flooring: Tile
  • Heating Type: Central | Electric
  • Stories: 1

Location

  • City: Miami
  • County: Miami-Dade County
  • State: FL
  • Zoning: 6107

Construction

  • New Construction: No
  • Sewer: Public Sewer

Public Info

  • Year Built: 1957
  • APN: 01-31-25-023-0020

Tax Information

  • Annual Tax Amount: $13,377
  • Tax Year: 2024

Price History

7/17/2026 Listed for Sale
Source: Miami REALTORS®
$1,199,000
$870/sqft

Walk Score

Walk Score
89
Walk Score®
Very Walkable
Transit Score
55
Transit Score®
Good Transit
Full Walk Score
Bike Score
77
Bike Score®
Very Bikeable
Kevin McCarthy
Kevin McCarthy
RACVantage Managing Broker | Commercial Real Estate Advisor






    By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from miamiforward.com and about your inquiry and other home-related matters, but not as a condition of any purchase.






      By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from miamiforward.com and about your inquiry and other home-related matters, but not as a condition of any purchase.