3181 5Th Ave Miami, FL 33127
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 3181 5Th Ave
- Year built
- 1957
- Property type
- Small apartment buildings
Description
This exceptional Wynwood investment property, listed at $2,000,000, presents a rare opportunity. Built in 1957, this single-story multifamily building is located at 3181 NW 5th Ave, Miami, FL 33127, within Miami-Dade County. The property features three units: a 2-bedroom, 1-bathroom unit; a second 2-bedroom, 1-bathroom unit currently configured as a 1-bedroom with a spacious living area; and a separate efficiency unit with its own entrance and full bathroom. The zoning is T5-L, 6107 - RESIDENTIAL-MEDIUM RETAIL, offering potential for diverse uses. This property is described as a "cash cow" and presents an amazing investment opportunity due to its location in the heart of Wynwood and its strong rental potential. The property's excellent location and versatile unit configurations make it an attractive investment for both seasoned and new investors seeking a high return on investment in a thriving Miami neighborhood. The property's age and single-story design should be considered in any investment analysis. Serious inquiries are encouraged to explore this unique opportunity further.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.2030374
- Latitude
- 25.8061798
