3049 NW 5th Avenue Miami, FL 33127

$1,400,000
0.17
Acres
$1,400,000
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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.

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.

  • Neighborhood
  • Type
  • County
    Miami-Dade County
  • Area
    Northern Blvd Track
  • Tax Amount
    $8,457
  • Status
    Active
  • Listing #
    A11788309
  • Lot Size
    0.17
  • Listed on site
    406 days
  • Listing Agent Id
    3278214
  • Listing Agent Phone
    305-318-7620

Listed by:
SM Contracting, LLC.

Source:
MIAMI MLS

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Property details

Community Features

  • No HOA

Property History

DateDays AgoEventNew Price
May 8, 202627 days agoPrice decreased1,100,000 (44%)$1,400,000
Apr 24, 20251 yr agoNew on market$2,500,000
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