Triplex in 3181 NW 5th Ave Miami for sale with MLS# A11899888

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.

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Days on the market

3181 NW 5th Ave, Miami, FL 33127

Price
Price:
$1,199,000.00
Previous Asking Price:
$1,219,900.00
Original List Price:
$1,299,000.00
Lease Details
Rent Includes:
Sewer, Trash Collection, Gardener, Other
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Triplex
MLS Number:
A11899888
Description of Last Important Update:
Price Change
Last Major Update on:
March 10, 2026 10:25 am
Measures
Living Area:
1,378 Sqft
Built-Up Area:
1,526 Sqft
Lot Size Unit:
Square Feet
Lot Features:
Less Than Quarter Acre
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Central Air, Electric
Heating
Heating System:
Central, Electric
Construction
Year Built:
1957
Year Built Details:
Resale
Roof:
Concrete, Composition, Tar/gravel
Levels:
One
Construction Materials:
Block
Flooring:
Tile
Stories:
1
Taxes and Expenses
Tax Annual Amount:
$13,377.00
Tax Year:
2024
Property Tax Status:
Tax Reflects City & County Tax
Parking
Parking Total Spaces:
3
Covered Spaces:
0
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available
Community
Subdivision Name:
NORTHERN BLVD TR
Senior Community:
No
Terms
Documents Available:
Other
Listing Terms Considered by Seller:
Cash, Conventional
Occupant Type:
Vacant
Buyer Possession:
Closing And Funding
Lease Considered:
No
Zoning and Legal
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
Real Estate Folio Number (Parcel Number):
01-31-25-023-0020
Zoning Description:
6107
Listing History
Originally published on:
October 28, 2025 9:22 am
Active on the market since:
October 28, 2025
Price change occurred on:
March 10, 2026 10:25 am
Listing Status Last Changed On:
October 28, 2025 9:22 am
Photos updated on:
October 28, 2025 1:39 pm
Last Modified:
April 22, 2026 12:06 am
Additional Information
Flood Zone:
AH, X
Type of Association:
None
Style:
Triplex
Municipal Code:
1
Subdivision Number:
23
Courtesy of:
Luxe Properties
Attribution:
Not provided
Location
Street Name:
5th Ave
Street Number:
3181
City:
Miami
State:
Florida
Zip Code:
33127
County:
Miami-Dade
Latitude:
N25° 48' 22.3''
Longitude:
W81° 47' 49''
Street Direction Prefix:
NW
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $41,125
Median Home Value $398,800
Median Rent $1,394/mo
Median Age 36
Population 27,585

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 55 Moderate
☀️ O3 45 Good
🫁 PM2.5 55 Moderate

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Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.