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    FOR SALE
    Small apartment buildings

    3181 NW 5Th Ave Miami, FL 33127

    Built 1957
    Property ID
    US18-0449322
    3181 NW 5Th Ave, Miami, FL 33127 For Sale 1 / 37
    $1,199,000
    3181 NW 5Th Ave, Miami, FL 33127
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    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Small apartment buildings
    Year built 1957
    UPID US18-0449322
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
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