$1,199,000
3181 NW 5th Avenue
NORTHERN BLVD TR
Explore the area: Miami homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $1,199,000
- Price per sq ft
- $870
- Vs. nearby sales
- 101.4% above
- Days on market
- 350
This multi-family property in ZIP 33127 is listed at $1,199,000, or $870 per square foot. The asking price has come down 7.7% from its original $1,299,000. It has been on the market for 350 days. The 3 most recent multi-family property sales in the closings shown below sold at a median of $432 per square foot, so the asking price is 101.4% above what comparable homes here actually sold for.
Estimated monthly payment
$6,301 /mo
Principal and interest only, based on $239,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,199,000
- Days on Site
- 350 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 1,378 sqft
- Total Sq Ft
- 1,526 sqft
- Year Built
- 1957
- Property Type
- Multi-Family
- MLS #
- A11899888
- Property Tax
- $13,377 (2024)
- Subdivision
- NORTHERN BLVD TR
- County
- Miami Dade
- Status
- Active
About This Property
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.
MLS media linkGeneral Features
- Property Type
- Multi-Family
- Status
- Active
- Year Built
- 1957
- Property Condition
- Resale
- Number of Stories
- 1
- Living Sq Ft
- 1,378
- Total Sq Ft
- 1,526
- Sewer
- Public Sewer
- Zoning
- 6107
Interior Features
- Cooling
- Central Air / Electric
- Heating
- Central / Electric / Separate Meters
- Flooring
- Tile
Exterior Features
- Construction
- CBS Concrete Block Structure / Block
- Roof
- Concrete / Tar Gravel
Community & HOA
- Utilities
- Cable Available
- Financing Terms
- Cash / Conventional
- MLS Area
- 2310
Schools
- Elementary School
- Eneida Massas Hartner
- Middle School
- Jose De Diego
- High School
- Booker T. Washington
About the Area
Browse Miami homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Miami includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Miami listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 9,439
- Under Contract
- 1,779
- Median List Price
- $645,000
- Median Sale Price (September)
- $592,500
- Median $/Sq Ft
- $508
- Avg Days on Market
- 143
Frequently Asked Questions
- How do I schedule a tour of 3181 NW 5th Avenue, Miami, FL 33127?
- Use the Tour button on this listing to request a showing of 3181 NW 5th Avenue, Miami, FL 33127. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 3181 NW 5th Avenue, Miami, FL 33127 still available?
- 3181 NW 5th Avenue, Miami, FL 33127 is currently listed as Active, and has been on the market 350 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 3181 NW 5th Avenue, Miami, FL 33127?
- With 20% down ($239,800) on the $1,199,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 3181 NW 5th Avenue, Miami, FL 33127 is about $6,301/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 3181 NW 5th Avenue, Miami, FL 33127?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 3181 NW 5th Avenue, Miami, FL 33127. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 3181 NW 5th Avenue, Miami, FL 33127?
- 3181 NW 5th Avenue, Miami, FL 33127 is zoned for Eneida Massas Hartner (elementary), Jose De Diego (middle), Booker T. Washington (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 3181 NW 5th Avenue, Miami, FL 33127?
- Often, yes. The right offer on 3181 NW 5th Avenue, Miami, FL 33127 depends on how it's priced against comparable multi-family sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Luxe Properties
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$1,199,000
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Listed by Victor Camero, Luxe Properties
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Recent Sales
Recently sold homes in ZIP 33127
These are the last 6 recorded closings in ZIP 33127, with the price each home actually sold for rather than what it was listed at. They closed at a median of $533 per square foot. The most recent closed on October 9, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$415,000
Sold · October 9, 2026
5820 NW 3 Avenue
3 bed · 2.5 bath · 1,000 sqft · $415/sqft
$20,000 under the asking price
Sold$575,000
Sold · October 2, 2026
347 NW 42nd Street
4 bed · 1 bath · 1,038 sqft · $554/sqft
$14,700 under the asking price
Sold$580,000
Sold · October 2, 2026
750-752 NW 52nd Street
0 bed · 0 bath · 1,343 sqft · $432/sqft
$94,900 under the asking price
Sold$760,000
Sold · September 30, 2026
231 NW 44th Street
5 bed · 3 bath · 1,426 sqft · $533/sqft
$72,000 under the asking price
Sold$3,000,000
Sold · September 30, 2026
2428 NW 7th Avenue
0 bed · 0 bath
$500,000 under the asking price
Sold$1,150,000
Sold · September 25, 2026
223 NW 51st Street
3 bed · 2.5 bath · 1,723 sqft · $667/sqft
$40,000 under the asking price
See every recorded sale in ZIP 33127 or find out what your ZIP 33127 home is worth.
