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3-Unit Multifamily Property
For Sale
$1,199,000

3181 NW 5th Ave, Miami, FL 33127

Residential Income, Miami, FL

Property Size1,378 SF
Price / SF$870.10
Days on Market87

Property Features for 3181 NW 5th Ave

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning description 6107
Bedrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bathroom 3, Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 2
Parking 3
Subdivision NORTHERN BLVD TR
Lot features < 1/4 Acre
Standard status Active
APN 01-31-25-023-0020
Size 1,378 SF

Taxes and HOA fees

Tax Year 2024
Tax 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
Tax Annual Amount 13377
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

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air, Electric

Building Details

Year built 1957
Floors in Building 1
Flooring type Tile
Building materials CBSConcreteBlockStructure, Block
Roof type Concrete, Composition, Tar/Gravel
Listing Agency: Luxe Properties
Listed By: Victor Camero · License #3300210
Added: Jul 18 Changed: Oct 12 Last Checked: Oct 12 at 11:06PM
MLS# A11899888

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.

Investment Insights

Based on property information with market context.

This Miami multifamily property contains three units: a two-bedroom, one-bath apartment, a one-bedroom, one-bath apartment, and a studio. The building dates to 1957 and contains 1,378 square feet. Tile flooring and central air conditioning are among its reported features.

Located at 3181 NW 5th Ave, the property is described as steps from Miami’s Wynwood Arts District, with galleries, restaurants, and nightlife in the surrounding area.

Key Highlights

  • Three‑unit mix: two‑bedroom/one‑bath, one‑bedroom/one‑bath, and studio
  • 1,378 square feet
  • Built in 1957

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Mobile Phone Store Buffet Nursing Home Restaurant Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

5,073
Businesses Nearby

Demographics for 33127, FL

27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - The property combines a two-bedroom apartment, a one-bedroom apartment, and a studio.
Where is this triplex located?
The property is located at 3181 NW 5th Ave Miami, FL.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Three‑unit mix: two‑bedroom/one‑bath, one‑bedroom/one‑bath, and studio; 1,378 square feet; Built in 1957
More about this property
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