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.
Lot/land
Price cut: $200K (8/21)
$1,200,000
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
- 495 days
- 59
- 5
Zillow last checked:
Listing updated:
Listed by:
Stephen Meruelo 305-318-7620,
SM Contracting, LLC.
Source: MIAMI,MLS#: A11788309
Originating 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
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Price change | $1,200,000-14.3% |
Source: | ||
| 5/8/2026 | Price change | $1,400,000-44% |
Source: | ||
| 4/22/2025 | Listed for sale | $2,500,000+11263.6% |
Source: | ||
| 9/17/2012 | Sold | $22,000+189.5% |
Source: Public Record Report a problem | ||
| 4/19/2012 | Listing removed | $7,600 |
Source: Keller Williams Realty Premier Properties #A1619034 Report a problem | ||
| 3/21/2012 | Listed for sale | $7,600-58% |
Source: Keller Williams Realty Premier Properties #A1619034 Report a problem | ||
| 7/22/2010 | Sold | $18,100-79.2% |
Source: Public Record Report a problem | ||
| 8/15/2002 | Sold | $87,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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









