Prime Wynwood Investment Opportunity! 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

3181 NORTH WEST 5TH AVE, Miami

$1,299,000 USD
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Address3181 NORTH WEST 5TH AVE, Miami
Building NameNORTHERN BLVD TR
Type of PropertyTriplex
Property StyleTriplex
Price$1,299,000
Property StatusActive
MLS NumberA11899888
Living Area1378
Year Built1957
Parking Space Number3
Folio Number01-31-25-023-0020
Zoning Information6107
Days on Market3

Detailed Description: Prime Wynwood Investment Opportunity! 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 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.

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Address Information
StateFlorida
CityMiami
CountyMiami-Dade County
Zip Code33127
Address3181 NORTH WEST 5TH AVE
Section25
Zip Code (4 Digits)3728
Financial Information
Price$1,299,000
Price per Foot$0
Folio Number01-31-25-023-0020
Tax Amount$13,377
Tax Year2024
Possession InformationFunding
Full Descriptions
Detailed DescriptionPrime Wynwood Investment Opportunity! 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 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.
Roof DescriptionComposition Roll, Concrete, Tar and Gravel Roof
Floor DescriptionTile
Cooling DescriptionCentral Air, Electric
Heating DescriptionCentral, Electric
Sewer DescriptionPublic Sewer
Property parameters
Living Area1378
Zoning Information6107
Year Built1957
Type of PropertyTriplex
StyleTriplex
Building NameNORTHERN BLVD TR
Development NameNORTHERN BLVD TR
Construction TypeConcrete Block Construction,CBS Construction
Stories Number1.000
Street DirectionNorth West
Parking Space Number3
Listed withLuxe Properties