MIAMI LUXHomes

3181 NW 5th Ave, Miami, FL 33127

$1,199,000— Beds— Baths1,378 Sq. Ft.$870 / sq. ft.

Miami, FL 33127 · NORTHERN BLVD TR

Status
Active
Type
Triplex
Year Built
1957
Days on Market
344
MLS #
A11899888
County
Miami-Dade County

About 3181 NW 5th Ave, Miami, FL 33127

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.

How This Listing Compares in Miami

Per square foot, it is asking 119% above the Miami median for sales closed over the last twelve months — typical of premium views, newer construction or a top-tier building.

This homeMiami median (12 mo)
Price per sq. ft.$870$397
Days on market34451

Medians from closed MLS sales in Miami; a starting point, not an appraisal.

Home Features at 3181 NW 5th Ave, Miami, FL 33127

Flooring
Tile
Heating
Central, Electric
Cooling
Central Air, Electric
Architectural Style
Detached
Pool Private
No
Year Built Details
Resale

The Building at 3181 NW 5th Ave, Miami, FL 33127

Building Name
NORTHERN BLVD TR
Building Area Total
1526
Building Area Units
Square Feet
Stories
1
Stories Total
1
Association
No

Lot, Views & Construction at 3181 NW 5th Ave, Miami, FL 33127

Lot Features
Less Than 1/4 Acre Lot
Lot Size Square Feet
0
Waterfront
No
View
No
Construction Materials
Concrete Block Construction, CBS Construction
Roof
Composition Roll, Concrete, Tar & Gravel Roof
Sewer
Public Sewer
New Construction
No

Taxes & Public Record for 3181 NW 5th Ave, Miami, FL 33127

Parcel Number
01-31-25-023-0020
Tax Annual Amount
$13,377
Tax Year
2,024
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
Zoning
6107
County Or Parish
Miami-Dade County

Map & Neighborhood

3181 NW 5th Ave, Miami, FL 33127 · More homes in Miami

Courtesy of Luxe Properties

Comparable Listings in Miami

3181 NW 5th Ave, Miami, FL 33127 at a Glance

Offered for sale in Miami 33127, 3181 NW 5th Ave is a multi-family home with about 1,378 square feet of living space, dating to 1957. The asking price is $1,199,000, on the market since October 28, 2025, with Luxe Properties as the listing brokerage. Public schools are run by the Miami-Dade County school district. Ask Matthew Gromadzki for a private showing, the full disclosure package, or comparable sales before you make an offer.