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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 Market42

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 1, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 3
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 Electric, Central Air

Building Details

Year built 1957
Floors in Building 1
Flooring type Tile
Building materials Block
Roof type Composition, Tar/Gravel, Concrete
Listing Agency: Luxe Properties
Listed By: Victor Camero · License #3300210
Added: Jul 18 Changed: Aug 28 Last Checked: Aug 28 at 7:06PM
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 3-unit multifamily property contains 1,378 square feet and offers a varied residential configuration: one two-bedroom, one-bath unit; one one-bedroom, one-bath unit; and a studio with one bathroom. The building was constructed in 1957 with block construction, tile flooring, central air, central heating, and electric systems. The roof includes concrete, composition, and tar/gravel materials.

Located at 3181 NW 5th Ave in Miami, the property is near the Wynwood Arts District, with surrounding art galleries, restaurants, and nightlife. Art Basel and iii Points are identified among events associated with the district. The property has public sewer service and cable availability.

Key Highlights

  • 3‑unit configuration with a two‑bedroom, one‑bath unit, one‑bedroom, one‑bath unit, and studio
  • 1,378 square feet of building area
  • Built in 1957 with block construction

Property Analytics

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

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 - Unit mix includes a studio, one-bedroom residence, and two-bedroom residence, each with one bathroom.
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: 3‑unit configuration with a two‑bedroom, one‑bath unit, one‑bedroom, one‑bath unit, and studio; 1,378 square feet of building area; Built in 1957 with block construction
More about this property
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