ActiveMLS® A11899888

$1,199,000

3181 NW 5th Avenue, Miami, FL 33127

Beds: —
Baths: 0
Sqft: 1,378

Est. payment$7,936/mo

Home type: Triplex
Year built: 1957
Lot size: —
Price / sqft: $870
HOA: $0/mo
Community: NORTHERN BLVD TR

Property 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.

Listing activity

Days on market: 336
Listed: Oct 28, 2025
MLS listing updated: 1 hour ago
Feed last checked: 7 minutes ago

Listed by Victor Camero · Luxe Properties

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0
Bathrooms (decimal): 0

Rooms & features

Flooring: Tile

Heating & cooling

Heating: Separate Meters, Central, Electric
Cooling: Central Air, Electric

Property

Exterior

Stories: 1
Building area: 1,526 sqft
Pool: No
Waterfront property: No

Lot

Zoning: 6107

Construction

Type & style

Home type: Triplex
Year built: 1957
New construction: No

Materials

Construction: Block, CBS
Roof: Concrete, Tar/Gravel
Property condition: Resale

Utilities & green energy

Utilities

Sewer: Public Sewer
Utilities: Cable Available

Community & HOA

Community

Subdivision: NORTHERN BLVD TR
MLS area: 2310

Association

Has association: No
Estimated monthly dues: $0

Lease details

Not reported by the listing source.

Location

Area details

City: Miami
County: Miami-Dade
ZIP code: 33127

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: A11899888
Possession: Negotiable
Original list price: $1,299,000
Parcel number: 0131250230020
Annual property tax: $13,377
Tax year: 2024
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

Additional MLS details

Reported by the listing source

Association: No
Bathrooms Total Decimal: 0
Bathrooms Total Integer: 0
Building Area Total: 1526
Construction Materials: Block, CBS
County Or Parish: Miami-Dade
Days On Market: 336
Elementary School: Eneida Massas Hartner
High School: Booker T. Washington
List Price: 1199000
Listing Contract Date: 2025-10-28
Living Area: 1378
MLSArea Major: 2310
Middle Or Junior School: Jose De Diego
Mls Status: Active
On Market Date: 2025-10-28
Photos Count: 37
Postal Code: 33127
Price Change Timestamp: 2026-03-10T15:25:03Z
Property Sub Type: Triplex
Property Type: Residential Income
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2025-10-28T13:31:19Z
Stories Total: 1
Subdivision Name: NORTHERN BLVD TR
Tax Annual Amount: 13377
Pool Private: No
Waterfront: No

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Oct 28, 2025	ListedMIAMI REALTORS® MLS	$1,299,000$943/sqft
Mar 10, 2026	Price reducedMIAMI REALTORS® MLS	$1,199,000$870/sqft

Public tax history

Year	Property taxes	Assessment
2024	$13,377	—

Payment calculator

Estimated monthly payment$7,936/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $6,221
Property taxes: $1,115
Insurance: $600
Association dues: $0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

NORTHERN BLVD TR

Miami · Miami-Dade County · 33127

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Eneida Massas HartnerElementary

—

Jose De DiegoMiddle

—

Booker T. WashingtonHigh

—

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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