3181 NW 5th Ave, Miami, FL 33127 — MLS photo

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3181 NW 5th Ave, Miami, FL 33127

Active · Triplex

$1,199,000

3181 NW 5th Ave, Miami, FL 33127

Beds
—
Baths
0
Living area
1,378 sq ft
$ / sq ft
$870/sq ft
Year built
1957
Lot size
—
HOA fee
—
Annual tax
—

About this property

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.

Property location

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3181 NW 5th Ave, Miami, FL 33127

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Facts & features

Interior

Bathrooms
0
Living area
1,378 sq ft

Exterior & Structure

Property type
Triplex
Year built
1957

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A11899888
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$3,082

Cap rate
2.6%
Net yield
2.6%
Cash-on-cash return
-11.0%
Gross yield
5.8%
Mortgage payment
$5,684/mo
Down payment
$299,750
Loan amount
$899,250
Annual NOI
$31,228

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.