
3181 NW 5th Ave, Miami, FL 33127
Miami, FL 33127 · NORTHERN BLVD TR
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 home | Miami median (12 mo) | |
|---|---|---|
| Price per sq. ft. | $870 | $397 |
| Days on market | 344 | 51 |
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
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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.