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3181 NW 5th Ave, Miami, FL, 33127

3beds
3baths
1,378sqft
$1,199,000
$870price/sqft
$7,360/moest. monthly cost
$294,400/yrincome needed

About This Home

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.

Getting Around

89
WalkingVery Walkable
55
TransitGood Transit
77
BikeVery Bikeable

Schools

Construction

Condition

  • Year built: 1957

Materials

  • Roof: Composition Roll,Concrete,Tar/Gravel
  • Construction materials: Concrete Block Construction,CBS Construction

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3

Features

  • Flooring: Tile

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,526
  • Total interior livable area: 1,378 sqft

Property

Details

  • Parcel number: 0131250230020
  • Zoning: 6107

Features

  • Stories: 1

Lot

  • Features: Less Than 1/4 Acre Lot

Parking

  • Total spaces: 3