Premier Brokers International
3049 NW 5th Avenue, Miami, FL 33127
ActiveMLS listing sourceMIAMI REALTORS® MLS
ActiveMLS® A11788309
$1,200,000

3049 NW 5th Avenue, Miami, FL 33127

Beds
—
Baths
0
Sqft
—
Est. payment$7,531/mo
Home type
Unimproved Land
Year built
—
Lot size
7,405 sqft
Price / sqft
—
HOA
$0/mo
Community
NORTHERN BLVD TRACK

Property description

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.

Listing activity

Days on market
519
Listed
Apr 22, 2025
MLS listing updated
Sep 22, 2026
Feed last checked
10 minutes ago

Listed by Stephen Meruelo · SM Contracting, LLC.

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms
0
Bathrooms (decimal)
0
Property

Exterior

Other structures
None
Waterfront property
No

Lot

Lot size
7,405 sqft
Lot size (acres)
0.17 acres
Lot dimensions
7200
Zoning
6107
Construction

Type & style

Home type
Unimproved Land

Materials

Faces
West
Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision
NORTHERN BLVD TRACK
MLS area
2310

Association

Estimated monthly dues
$0
Lease details

Not reported by the listing source.

Location

Area details

City
Miami
County
Miami-Dade
ZIP code
33127
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A11788309
Possession
Close Of Escrow
Original list price
$2,500,000
Parcel number
0131250241490
Annual property tax
$8,457
Tax year
2024
Tax legal description
NORTHERN BLVD TR PB 2-29 LOT 11 BLK 10 LOT SIZE 50.000 X 144 OR 20594-1499 0702 1
Additional MLS details

Reported by the listing source

Bathrooms Total Decimal
0
Bathrooms Total Integer
0
County Or Parish
Miami-Dade
Days On Market
519
Direction Faces
West
Elementary School
Eneida Massas Hartner
High School
Booker T. Washington
List Price
1200000
Listing Contract Date
2025-04-22
Lot Size Acres
0.17
Lot Size Dimensions
7200
MLSArea Major
2310
Middle Or Junior School
Jose De Diego
Mls Status
Active
On Market Date
2025-04-22
Photos Count
1
Postal Code
33127
Price Change Timestamp
2026-08-21T16:47:36Z
Property Sub Type
Unimproved Land
Property Type
Land & Docks
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2025-04-22T23:24:51Z
Subdivision Name
NORTHERN BLVD TRACK
Tax Annual Amount
8457
Waterfront
No

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Apr 22, 2025ListedMIAMI REALTORS® MLS$2,500,000
Aug 21, 2026Price reducedMIAMI REALTORS® MLS$1,200,000

Public tax history

YearProperty taxesAssessment
2024$8,457—

Payment calculator

Estimated monthly payment$7,531/moIllustrative estimate, not a loan offer.
Principal & interest
$6,227
Property taxes
$705
Insurance
$600
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

NORTHERN BLVD TRACK

Miami · Miami-Dade County · 33127

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Eneida Massas HartnerElementary
—
Jose De DiegoMiddle
—
Booker T. WashingtonHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of SM Contracting, LLC.. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.