This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/37
$1,220,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/37
Property 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.
Full Property Details
Full Property Details for 3181 NW 5th Ave
General
- Price: $1,220,000
- Taxes: $13,377 (2024)
- Status: Active
- Type: Triplex
- Source: Greater_Miami
- MLS ID: A11899888
- Updated: 1/2/2026
- Added to Site: 81 day(s) ago
Rental Information
- Rent Includes: Gardener, Other Rent Incl, Sewer, Trash Collection
Interior
- Flooring: Tile
Parking
- Total Spaces: 3
Location
- Area: Northern Blvd Tr
- County: Miami-Dade County
- Subdivision: NORTHERN BLVD TR
- Building Name: NORTHERN BLVD TR
Community
- Community Name: Northern Blvd Tr
- Units Assoc/Comm: 3
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Detached
- Structure Type: Triplex
- Detached/Attached: Detached
- Construction: Concrete Block Construction, CBS Construction
- Roof: Composition Roll, Concrete, Tar & Gravel Roof
- Stories/Levels: 1
- Building Size: 1526
- Square Feet: 1,378
- Living Area: 1,378 Sq. Ft.
- Year Built: 1957
Unit Information
- Units in Complex: 3
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 6107
Financial Considerations
- Price Per Sq. Ft.: $885.34
- Tax Amount: $13,377
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Documents Avail.: Other Available Information
- 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
- Property ID: 01-31-25-023-0020
Listed by Luxe Properties
Get Pre-Approved Today
Schools
Schools serving 3181 NW 5th Ave
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Eneida M. Hartner Elementary School 401 Northwest 29th Street, Miami, FL 33127 | PK-5 | 0.2 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 0.1 mi |
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3181 NW 5th Ave
Date
Details
Price
Change
Source
1/02/2026
Price Reduced
$1,220,000
-6.08%
MLS
10/28/2025
Listed
$1,299,000
399.62%
MLS
6/03/2016
Sold
$260,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3181 NW 5th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,377
2%
$738,947
—
2023
$13,149
35%
$739,690
130%
2021
$9,744
-9%
$321,734
-27%
2022
$10,726
10%
$441,580
86%
2021
$9,744
18%
$237,282
15%
2019
$8,234
75%
$205,812
10%
2018
$4,701
12%
$187,102
15%
2017
$4,196
-2%
$162,184
—
2016
$4,301
-1%
$162,225
—
2015
$4,361
184%
$161,947
150%
2014
$1,537
5%
$64,681
6%
2013
$1,457
—
$61,068
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3181 NW 5th Ave
3181 NW 5th Ave, Miami, FL 33127 (MLS# A11899888) is a Triplex property with 0 bedrooms and 0 full bathrooms. 3181 NW 5th Ave is currently listed for $1,220,000 and was received on October 28, 2025. Want to learn more about 3181 NW 5th Ave? Do you have questions about finding other Triplex real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

