NORTHERN BLVD TR
3181 NW 5th Ave, Miami FL 33127
1,378 ft²
1,378
Sq. Ft.
1957
Year Built
1
Stories
246
Days on Market
Description
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.
Facts
- MLS#
- A11899888
- Subdivision
- NORTHERN BLVD TR
- Property Type
- Residential Income
- Property Sub Type
- Triplex
- Year Built
- 1957
- Lot Size
- 0 sqft
- Sq. Ft.
- 1,378 ft²
- Sq. Mt.
- 128 m²
- Price per sq. ft.
- $870/ft²
- Price per sq. mt.
- $9,367/m²
- Stories
- 1
- Garage
- —
- Pool
- —
- Days on Market
- 246 days
- Listed
- Oct 28, 2025
- Last Updated
- Jul 1, 2026
- Price/Lot Sq.Ft.
- —
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Market insights for Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
July 2026
45
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 3/10/2026 | Price change | $1,199,000-7.7% |
| 10/28/2025 | Listed for sale | $1,299,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
American Academy of Pinecrest12 · private · 1.1 mi
Kendall Christian SchoolPK,KG,1,2,3,4,5 · private · 1.1 mi
St Louis Covenant SchoolPK,KG,1,2,3,4,5,6,7,8 · private · 1.1 mi
Killian Montessori SchoolPK,KG · private · 1.1 mi
Pinecrest Presbyterian Day SchoolPK,KG · private · 1.1 mi
Children's ResourcesPK,KG,1,2,3,4,5,UG · private · 1.1 mi
Pinecrest Elementary SchoolPK,KG,1,2,3,4,5 · public · 1.1 mi
Miami Palmetto Senior High School9,10,11,12 · public · 1.1 mi
Miami Palmetto Senior High AdultUG · public · 1.1 mi
Palmetto Elementary SchoolPK,KG,1,2,3,4,5 · public · 1.2 mi
Estimated Monthly Payment
$7,531/mo
Principal & Interest
$6,382
Property Tax
$999
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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