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3181 NW 5th Avenue, Miami, FL 33127 (MLS# A11899888)

3181 NW 5th Avenue, Miami, FL 33127

$1,199,000
Property Type: Residential Income Square Footage: 1,526 Status: Active
Current Price: $1,199,000 List Date: 10/28/2025 Last Modified: 6/10/2026

Overview

Description

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.

Listing Details MLS# A11899888

General Property Information

Number Of Units Total
3
Property Sub Type
Triplex
Building Area Main
1526
Living Area Main
1378
Adjusted Area Main
1435
Year Built
1957
Parking Total
3
Stories Total
Yes
Pool Private YN
No

Property Features

Documents Available: Other Available Information Flooring: Tile Property Condition: Resale Construction Materials: Block; CBS Cooling: Central Air; Electric Heating: Central; Electric; Separate Meters Listing Terms: Cash; Conventional Possession: Negotiable Roof: Concrete; Tar/Gravel Sewer: Public Sewer Tax Information: City/County Utilities: Cable Available Showing Requirements: Call Listing Agent Unit 1 Parking Features: Open Parking Unit 2 Parking Features: Open Parking Unit 3 Parking Features: Open Parking

Contract Information

Comp Sale YN
No
Original List Price
1299000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
3181
Street Direction Prefix
NW
Street Name
5th
Street Suffix
Avenue
City Name
Miami
Municipal Code
Yes
State Or Province
FL
Postal Code
33127
Postal Code +4
3728
Postal Zip
33127
Subdivision Name
NORTHERN BLVD TR
Area
2310
Elementary School
Eneida Massas Hartner
Middle Or Junior School
Jose De Diego
High School
Booker T. Washington
Parcel Number
0131250230020
Subdivision Number
23
Zoning
6107
Flood Zone
AH,X

Financial Information

Tax Annual Amount
13377
Tax Year
2024
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

Status Change Information

Major Change Timestamp
2026-03-10T15:25:03Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-03-10T15:25:03Z
Status Change Date
2025-10-28

More Information

Income and Expenses

Gross Income
9000

Unit 1 Details

Actual Rent
4000
Baths Full
Yes
Efficiency YN
No

Unit 1 Lease Description

Occupant Type
Vacant

Unit 2 Details

Actual Rent
3000
Baths Full
Yes
Efficiency YN
No

Unit 2 Lease Description

Occupant Type
Vacant

Unit 3 Details

Actual Rent
2000
Baths Full
Yes
Efficiency YN
Yes

Unit 3 Lease Description

Occupant Type
Vacant

Price Calculations

Current Price To SqFt
870.1

Section Details

Parcel Number MLX
0020

Originating Details

Originating System Key
422132453
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF

Flooring

Tile
Yes

Property Condition

Resale
Yes

Documents Available

Other Available Information
Yes

Possession

Negotiable
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes

Heating

Central
Yes
Electric
Yes
Separate Meters
Yes

Construction Materials

Block
Yes
CBS
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Concrete
Yes
Tar/Gravel
Yes

Cooling

Central Air
Yes
Electric
Yes

Showing Requirements

Call Listing Agent
Yes

Tax Information

City/County
Yes

Unit 1 Parking Features

Open Parking
Yes

Unit 2 Parking Features

Open Parking
Yes

Unit 3 Parking Features

Open Parking
Yes
Listing Office: Luxe Properties
IDX
Last Updated: June - 10 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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