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Lot/land
  • Price cut: $1.1M (5/8)
    $1,400,000

    3049 NW 5th Ave, Miami, FL 33127

    --beds
    --baths
    7,187Square Feet
    Unimproved Land
    Built in ----
    7,187 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    445 days
    |
    24
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Stephen Meruelo 305-318-7620,

    SM Contracting, LLC.

    Source: MIAMI,MLS#: A11788309MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Property

      Lot
      • Size: 7,187 Square Feet
      • Features: No Misc/Improvements
      • Residential vegetation: Other Trees
      Details
      • Additional structures: None
      • Parcel number: 0131250241490
      • Zoning: 6107

      Community & HOA

      Community
      • Subdivision: Northern Blvd Track
      HOA
      • Has HOA: No
      Location
      • Region: Miami

      Financial & listing details

      • Tax assessed value: $1,080,000
      • Annual tax amount: $8,457
      • Date on market: 4/22/2025
      • Listing terms: All Cash,Conventional,Cryptocurrency

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/8/2026Price change$1,400,000-44%
        Source: MIAMI #A11788309 Report a problem
        4/22/2025Listed for sale$2,500,000+11263.6%
        Source: MIAMI #A11788309 Report a problem
        9/17/2012Sold$22,000+189.5%
        Source: Public Record Report a problem
        4/19/2012Listing removed$7,600
        Source: Keller Williams Realty Premier Properties #A1619034 Report a problem
        3/21/2012Listed for sale$7,600-58%
        Source: Keller Williams Realty Premier Properties #A1619034 Report a problem
        7/22/2010Sold$18,100-79.2%
        Source: Public Record Report a problem
        8/15/2002Sold$87,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,613 +17.5%$183,439 +10%
        2024$8,182 +0.6%$166,763 +10%
        2023$8,130 +54.7%$151,603 +10%
        2022$5,254 +22%$137,821 +10%
        2021$4,307 +9.8%$125,292 +10%
        2020$3,924 +11.2%$113,902 +10%
        2019$3,529 +26.4%$103,548 +10%
        2018$2,792 $94,135 +10%
        2017$2,792 +10.6%$85,578 +10%
        2016$2,524 +2.6%$77,799 +10%
        2015$2,459 +50.7%$70,727 +10%
        2014$1,632 -20.3%$64,298 -12.4%
        2011$2,049 +88.4%$73,367 +17.6%
        2010$1,088 -10.8%$62,410 -20.5%
        2009$1,219 -16.3%$78,468 +53.5%
        2007$1,457 -11.5%$51,107
        2006$1,647 --
        2005$1,647 +0.2%--
        2004$1,643 -14.5%--
        2003$1,921 +36.3%--
        2002$1,409 --
        2001$1,409 --
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Wynwood - Edgewater

        Getting around

        93 / 100
        Walker's Paradise
        54 / 100
        Good Transit
        79 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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