Wynwood Norte Development
For Sale
$1,400,000
3049 NW 5th Ave, Miami, FL 33127
Vacant lot in thriving Wynwood Norte, Miami. Development opportunity.
Property SizeContact for details
Lot Size0.17 Acres
Days on Market259
Property Features for 3049 NW 5th Ave
General Information
Standard status
Active
Lot size
0.17 Acres
Property subtype
Other
Taxes and HOA fees
Annual Taxes
$8,457
Listing Agency:
SM Contracting, LLC.
(305) 318-7620
Listed By:
Stephen Meruelo
(305) 318-7620
Source:
Elliman
Added: Nov 27, 2025
Changed: Aug 8
Last Checked: Jul 16 at 6:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SM Contracting, LLC.
Investment Insights
Based on property information with market context.
This vacant lot presents a rare development opportunity in Miami's thriving Wynwood Norte neighborhood. Zoned for up to 24 residential units, the property has the potential for significantly greater height and density under the Live Local Act. Situated 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, suggesting the potential to assemble a larger footprint. This site offers unmatched flexibility and long-term value for developing market-rate housing, co-living, or a mixed-use concept. This prime parcel offers the chance to be part of Wynwood Norte's growth.
Key Highlights
- Zoned for up to 24 residential units, offering immediate development potential.
- Potential for significantly greater height and density under the Live Local Act.
- Prime location in Wynwood Norte, minutes from Wynwood Walls, Midtown, and the Design District.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,073
Businesses Nearby
Explore this area
Business Placement
Demographics for 33127, FL
27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant lot in thriving Wynwood Norte, Miami. Development opportunity.
Where is this residential land & home lot located?
The property is located at 3049 NW 5th Ave Miami, FL.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Zoned for up to 24 residential units, offering immediate development potential.; Potential for significantly greater height and density under the Live Local Act.; Prime location in Wynwood Norte, minutes from Wynwood Walls, Midtown, and the Design District.
