$1,199,000

3181 NW 5th Ave, Miami FL 33127

368 days on marketPrice reduced $20,900 on Mar 10, 2026

Living area
1,378 sqft
Price per sqft
$870
Type
Triplex
Year built
1957
Taxes
$13,377/yr
MLS #
A11899888

About this home

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.

Estimated subtotal

$1,115/mo

Principal and interestThe current market rate is not available right now. Enter the rate your lender quoted.
Not included
Property taxMLS 2024 annual tax, shown monthly
$1,115
HOANot in the MLS record
Not included

The current market rate is not available right now. Enter the rate your lender quoted.

Estimate. Jumbo and investor loans are often priced differently; verify with your lender. Property tax is the seller's current bill and may be reassessed after purchase. Items marked Not included are not in this total.

Is this the right price?

We send written comps, the full cost of owning it and an offer strategy before you tour or offer.

Get the numbers on this home

The neighborhood

Miami, 33127

What to check here

Compare association costs, flood exposure and financing across distinct condo submarkets.

Listing courtesy of Luxe Properties

Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.

Property check

Send the home. Within one business day a licensed agent sends what it is worth, what it costs to own and what to verify.