$1,199,000

3181 NW 5TH AVE, MIAMI, FL 33127

0 baths1,378 sq ft2 to 4 unitsBuilt 1957
Updated today, November 3, 2026

This home against Old San Juan

$870 per sq ft, 12% under the Old San Juan median
372 days on the market
Price cut $100,000 since it was listed at $1,299,000
$13,377 in property taxes (2024)

Old San Juan today: 63 homes for sale, median list price $1,100,000.

About this home

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.

Zoned schools

Elementary: Eneida M. Hartner Elementary School
Middle: Jose de Diego Middle School
High: Booker T. Washington Senior High

From Miami-Dade County Public Schools attendance zones.

Near this home

Park: Roberto Clemente Park, 0.2 mi
Grocery: Trader Joe's, 0.6 mi

Distances from the center of Old San Juan, MIAMI.

Listing courtesy of Luxe Properties. MLS# A11899888.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed October 27, 2025.

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