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3049 NW 5th Ave Miami FL 33127 MLS #A11788309

3049 NW 5th Ave
Miami, FL, 33127
$2,500,000
Beds
0 Bathrooms
0 SqFt
0.17 Acres
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$2,500,000
3049 NW 5th Ave
Miami, FL, 33127
MLS #A11788309 image #0

Project 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.

Property Details

Price:
$2,500,000
MLS #:
A11788309
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Residential
Subdivision:
NORTHERN BLVD TRACK
Neighborhood:
northernblvdtrack
Listed Date:
Apr 22, 2025
Lot Size:
7,200 sqft / 0.17 acres (approx)
Northern Blvd TrackNorthernblvdtrackNorthern Blvd TrackMulti-family,unused

Schools

Interior

Exterior

Other Structures
None

Financial

Tax Year
2024
Taxes
$8,457

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Quick Information

Profitability of the Property

Net Monthly Income:
Annual Profitability of:
3049 NW 5th Ave
Miami, FL