Triplex in 3181 NW 5th Avenue, Miami, FL 33127 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 Avenue, Miami, FL 33127

Price
Price:
$1,199,000.00
Original List Price:
$1,299,000.00
List Price per Sq Ft (Calculated, Approx.):
$870.1
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Triplex
Description of Last Important Update:
Price Reduced
Last Major Update on:
March 10, 2026 3:25 pm
Measures
Living Area:
1,378 Sqft
Built-Up Area:
1,526 Sqft
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Central Air, Electric
Heating
Heating System:
Central, Electric, Separate Meters
Construction
Year Built:
1957
Roof:
Concrete, Tar/gravel
Number of Units Total:
3
Levels:
Two
Construction Materials:
Block, CBS
Flooring:
Tile
Number of stories:
1
Number of Units in the Community or Building:
3
Flood Zone Code:
AH,X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$13,377.00
Tax Year:
2024
Property Tax Details:
City/County
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available
Community
Subdivision Name:
NORTHERN BLVD TR
Senior Community:
No
Terms
Documents Available:
Other Available Information
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
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):
0131250230020
Zoning:
6107
Public Schools Assigned
Elementary School:
Eneida Massas Hartner
High School:
Booker T. Washington
Middle Or Junior School:
Jose De Diego
Listing History
Active on the market since:
October 28, 2025
Listing Agreement executed on:
October 28, 2025
Price change occurred on:
March 10, 2026 3:25 pm
Listing Status Last Changed On:
October 28, 2025 1:31 pm
Photos updated on:
August 5, 2026 9:12 pm
Last Modified:
August 5, 2026 9:12 pm
Additional Information
Courtesy of:
Luxe Properties
Attribution:
Not provided
Location
Street Name:
5th
Street Number:
3181
City:
Miami
State:
Florida
Zip Code:
33127
County:
Miami-Dade
Latitude:
N25° 48' 22.3''
Longitude:
W81° 47' 49''
Street Suffix:
Avenue
Street Direction Prefix:
NW
Property Map

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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) 45 Good
☀️ O3 30 Good
🫁 PM2.5 45 Good
Ver la Propiedad Ver la propiedad 3181 NW 5th Avenue, Miami, FL 33127
Association of REALTORS®
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.