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3181 NW 5th Ave, Miami FL 33127

Multi-family For Sale
$1,199,000

BTC: 18.98653998

ETH: 751.87026946

-$100K (2026/03/10)
258 days
0 room(s)
1,378 sqft

Overview

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.

Location

Florida • Miami • 33127 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1957
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$870
Cooling:
Central Air / Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$519,000
$361K – $787K
Confidence Low
List vs. estimate
$680K above estimate
List $1,199,000 · +131.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$870
+101.8% vs. city median $431
Based on
83 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $6.4M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$13,377
2024
Parking
3 spaces
All facts and features

  • Flooring

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

  • Other Property Information

    • Parcel Number: 01-31-25-023-0020

    • Zoning: 6107

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Other financial information

    • Annual tax amount: $13,377

  • Source details

    • MLS ID: A11899888

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Detached

    • Living Area: 1378

    • Subdivision Name: NORTHERN BLVD TR

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33127
290
median $1.1M
Active
Same city
Miami
12,237
median $635K
Active
Same type
Multi-family
504
median $982K
Active
Similar price
$839K – $1.6M
2,080
median $1.1M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Luxe Properties