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About This Home

This 3-bedroom, 3-bathroom multi-family at 3181 NW 5th Ave in Miami, FL is listed for $1,199,000 ($870 per sqft). Built in 1957, the home offers 1,378 sqft of living space on a N/A lot.

Agent 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.

Key Features

  • Built in 1957
  • 3 parking spaces

Property Details

3 full
3 spaces
1957

Monthly Cost Estimate

$6,413/mo

20% down · 6.5% · 30 years

Principal$867
Interest$5,196
Insurance$350

Estimates only. Actual payments may vary.

Location

3181 NW 5th Ave

Miami, FL 33127

Northern Blvd Tr

Property Details

Flooring

Tile

Construction

Block

Heating

CentralElectric (Heating)

Cooling

Central AirElectric

Questions & Answers

This 3-bedroom, 3-bathroom multi-family at 3181 NW 5th Ave is listed at $1,199,000 ($870/sqft). The estimated monthly payment is $5,196 based on 20% down at 6.5% interest.

Key features include: Built in 1957, 3 parking spaces.

This property is listed by Victor Camero and can be reached at 7862012170 or victor@luxeknows.com.

VC

Victor Camero

Agent at Luxe Properties

(786) 201-2170

Listed by Luxe Properties · View on Broker Site

MLS# A11899888· Source: listhub· Updated today

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3181 NW 5th Ave, Miami, FL 33127

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