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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
309
MLS #
A11899888

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.

Property Details

Flooring
Tile
Heating
Central, Electric
Cooling
Central Air, Electric
Architectural Style
Detached

Building & Association

Building Name
NORTHERN BLVD TR
Stories
1
Stories Total
1
Association
No

Lot & Construction

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
New Construction
No

Public Records

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

Location

Courtesy of Luxe Properties

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