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$2,500,000
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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.
Full Property Details
Full Property Details for 3049 NW 5th Ave
General
- Price: $2,500,000
- Taxes: $8,457 (2024)
- Status: Active
- Type: Land Residential
- Source: Greater_Miami
- MLS ID: A11788309
- Updated: 4/22/2025
- Added to Site: 270 day(s) ago
Location
- Area: Northern Blvd Track
- County: Miami-Dade County
- Subdivision: NORTHERN BLVD TRACK
- Building Name: NORTHERN BLVD TRACK
- Direction Faces: West
Community
- Community Name: Northern Blvd Track
Structural Information
- Structure Type: Residential
- Detached/Attached: Detached
- Current Bldg. Use: Multi-Family, Unused
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.165
- Lot Size (Sq. Ft.): 7,200
- Lot Features: No Misc/Improvements
- Development Status: Undeveloped
- Trees/Vegetation: Other Trees
- Zoning: 6107
Financial Considerations
- Tax Amount: $8,457
- Tax Year: 2024
- Terms: All Cash, Conventional, Cryptocurrency
Disclosures and Reports
- Legal Description: NORTHERN BLVD TR PB 2-29 LOT 11 BLK 10 LOT SIZE 50.000 X 144 OR 20594-1499 0702 1
- Property ID: 01-31-25-024-1490
Listed by SM Contracting, LLC.
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Schools
Schools serving 3049 NW 5th Ave
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Eneida M. Hartner Elementary School 401 Northwest 29th Street, Miami, FL 33127 | PK-5 | 0.1 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 0.1 mi |
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3049 NW 5th Ave
Date
Details
Price
Change
Source
4/22/2025
Listed
$2,500,000
11263.64%
MLS
5/03/2012
Sold
$22,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3049 NW 5th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,182
1%
$900,000
—
2023
$8,130
89%
$900,000
150%
2021
$4,307
-18%
$360,000
-29%
2022
$5,254
22%
$504,000
56%
2021
$4,307
22%
$324,000
213%
2019
$3,529
26%
$103,548
10%
2018
$2,792
11%
$94,135
-50%
2017
$2,524
1%
$187,200
141%
2016
$2,499
2%
$77,799
10%
2015
$2,459
51%
$70,727
10%
2014
$1,632
23%
$64,298
10%
2013
$1,324
—
$58,453
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3049 NW 5th Ave
3049 NW 5th Ave, Miami, FL 33127 (MLS# A11788309) is a Land Residential property with a lot size of 0.165 acres. 3049 NW 5th Ave is currently listed for $2,500,000 and was received on April 22, 2025. Want to learn more about 3049 NW 5th Ave? Do you have questions about finding other Land Residential real estate for sale in Midtown? You can browse all Midtown real estate or contact a Coldwell Banker agent to request more information.

