3181 NORTH WEST 5TH AVE, Miami
$1,199,000 USD
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| Address | 3181 NORTH WEST 5TH AVE, Miami |
| Building Name | NORTHERN BLVD TR |
| Type of Property | Triplex |
| Property Style | Triplex |
| Price | $1,199,000 |
| Previous Price | $1,219,900 (21 days ago) |
| Property Status | Active |
| MLS Number | A11899888 |
| Living Area | 1378 |
| Year Built | 1957 |
| Parking Space Number | 3 |
| Folio Number | 01-31-25-023-0020 |
| Zoning Information | 6107 |
| Days on Market | 154 |
Detailed Description: 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.
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Address Information
| State | Florida |
| City | Miami |
| County | Miami-Dade County |
| Zip Code | 33127 |
| Address | 3181 NORTH WEST 5TH AVE |
| Section | 25 |
| Zip Code (4 Digits) | 3728 |
Financial Information
| Price | $1,199,000 |
| Price per Foot | $0 |
| Previous Price | $1,219,900 |
| Folio Number | 01-31-25-023-0020 |
| Tax Amount | $13,377 |
| Tax Year | 2024 |
| Possession Information | Funding |
Full Descriptions
| Detailed Description | 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. |
| Roof Description | Composition Roll, Concrete, Tar and Gravel Roof |
| Floor Description | Tile |
| Cooling Description | Central Air, Electric |
| Heating Description | Central, Electric |
| Sewer Description | Public Sewer |
Property parameters
| Living Area | 1378 |
| Zoning Information | 6107 |
| Year Built | 1957 |
| Type of Property | Triplex |
| Style | Triplex |
| Building Name | NORTHERN BLVD TR |
| Development Name | NORTHERN BLVD TR |
| Construction Type | Concrete Block Construction,CBS Construction |
| Stories Number | 1.000 |
| Street Direction | North West |
| Parking Space Number | 3 |
| Listed with | Luxe Properties |