Unimproved Land in 3049 NW 5th Avenue, Miami, FL 33127 for sale with MLS# A11788309

Rare development opportunity in Miami's thriving Wynwood Norte neighborhood-this vacant lot is zoned for up to 24 residential units, with the potential for significantly greater height and density under the Live Local Act. Perfectly positioned just minutes from Wynwood Walls, Midtown, and the Design District, the property offers excellent visibility in one of the city's most dynamic areas. Adjacent property owners have expressed interest in selling, making this an ideal moment to assemble a larger footprint. Whether you're developing market-rate housing, co-living, or a mixed-use concept, this site offers unmatched flexibility and long-term value. Seize the chance to be part of Wynwood Norte's growth and transform this prime parcel into a standout project.

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Days on the market

3049 NW 5th Avenue, Miami, FL 33127

Price
Price:
$1,200,000.00
Original List Price:
$2,500,000.00
List Price per Sq Ft (Calculated, Approx.):
$166.95
List Price per Sq Ft (Calculated, Approx.):
$166.67
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Land & Docks
Property Type:
Unimproved Land
Description of Last Important Update:
Price Reduced
Last Major Update on:
August 21, 2026 4:47 pm
Other Special Conditions:
Sold As-is
Rooms Distribution
Dining Area:
Formal Dining
Measures
Lot Area:
7,200 Sqft
Lot Size Dimensions and Info:
7200
Building Area Source:
Public Records
Lot Size Acres:
0.165
Number of Lots:
1
Property Features
Waterfront:
No
Current Use:
Unimproved, Residential, Vacant
Vegetation and Trees:
Other
Property Entrance Faces:
West
Storm Protection Impact Glass:
Complete
Sprinkler Description:
Auto Sprinkler
Construction
Number of stories:
1
Stories:
1
Flood Zone Code:
AH,X
Taxes and Expenses
Tax Annual Amount:
$8,457.00
Tax Year:
2024
Parking
Garage Spaces:
2
Covered Spaces:
2
Community
Application Fee:
$100.00
Association Type:
Homeowner Association
Subdivision Name:
NORTHERN BLVD TRACK
Senior Community:
No
Development Status:
Raw Land
Terms
Listing Terms Considered by Seller:
Cash, Conventional, Cryptocurrency, Other
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
NORTHERN BLVD TR PB 2-29 LOT 11 BLK 10 LOT SIZE 50.000 X 144 OR 20594-1499 0702 1
Real Estate Folio Number (Parcel Number):
0131250241490
Zoning:
6107
Public Schools Assigned
Elementary School:
Palmview
High School:
Booker T. Washington
Middle Or Junior School:
Jose De Diego
Listing History
Active on the market since:
April 22, 2025
Listing Agreement executed on:
April 22, 2025
Price change occurred on:
August 21, 2026 4:47 pm
Listing Status Last Changed On:
April 22, 2025 11:24 pm
Photos updated on:
August 21, 2026 3:49 pm
Last Modified:
August 21, 2026 3:49 pm
Additional Information
Courtesy of:
SM Contracting, LLC.
Attribution:
Not provided
Location
Street Name:
5th
Street Number:
3049
City:
Miami
State:
Florida
Zip Code:
33127
County:
Miami-Dade
Latitude:
N25° 48' 18.9''
Longitude:
W81° 47' 49.4''
Street Suffix:
Avenue
Street Direction Prefix:
NW
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $41,125
Median Home Value $398,800
Median Rent $1,394/mo
Median Age 36
Population 27,585

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 35 Good
☀️ O3 35 Good
🫁 PM2.5 35 Good
Ver la Propiedad Ver la propiedad 3049 NW 5th Avenue, Miami, FL 33127
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.