3181 NW 5th Ave, Miami, FL 33127
3181 NW 5th Ave, Miami, FL 33127,Video Tour
3181 NW 5th Ave, Miami, FL 33127
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$1,199,000
Est. payment /mo
1,378 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,378 sqft

Price per Sqft $870

Subdivision Northern Blvd Tr

MLS Listing ID A11899888

HOA Y/N No

Year Built 1957

Annual Tax Amount $13,377

Tax Year 2024

Property Sub-Type Triplex

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.

Location

State FL

County Miami-dade

Community Northern Blvd Tr

Area 31

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Composition,Concrete,Tar/Gravel

Total Parking Spaces 3

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Level or Stories One

Structure Type Block

Others

Tax ID 01-31-25-023-0020

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.zillow.com/view-imx/6b43ea37-3904-45f3-926d-7f564f5a1261?setAttribution=mls&wl=true&initialViewType=pano


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Miami Association of Realtors (SEFMIAMI MLS)
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Alejandra Folch

Alejandra Folch

+1(305) 494-6647

Realtor® | License ID: 3132304

Realtor® License ID: 3132304

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3181 NW 5th Ave