3049 NW 5th Ave Miami, FL 33127
Wynwood NeighborhoodEstimated payment $13,584/month
About This Lot
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
Property Type
- Land
Est. Annual Taxes
- $8,457
Lot Details
- 7,200 Sq Ft Lot
- West Facing Home
- Landscaped with Trees
- Property is zoned 6107
Community Details
- No Home Owners Association
- Northern Blvd Track Condos
- Northern Blvd Track Subdivision
Listing and Financial Details
- Assessor Parcel Number 01-31-25-024-1490
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,182 | $183,439 | -- | -- |
| 2024 | $8,130 | $166,763 | -- | -- |
| 2023 | $8,130 | $151,603 | $0 | $0 |
| 2022 | $5,254 | $137,821 | $0 | $0 |
| 2021 | $4,307 | $125,292 | $0 | $0 |
| 2020 | $3,924 | $324,000 | $324,000 | $0 |
| 2019 | $3,529 | $288,000 | $288,000 | $0 |
| 2018 | $2,792 | $216,000 | $216,000 | $0 |
| 2017 | $2,524 | $85,578 | $0 | $0 |
| 2016 | $2,499 | $77,799 | $0 | $0 |
| 2015 | $2,459 | $70,727 | $0 | $0 |
| 2014 | $1,632 | $64,298 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/22/2025 04/22/25 | For Sale | $2,500,000 | +11263.6% | -- | |
| 09/07/2012 09/07/12 | Sold | $22,000 | +189.5% | $3 / Sq Ft | View Prior Sale |
| 04/18/2012 04/18/12 | Pending | -- | -- | -- | |
| 03/20/2012 03/20/12 | For Sale | $7,600 | -- | $1 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $22,000 | Landcastle Title Llc | |
| Trustee Deed | $18,100 | None Available | |
| Warranty Deed | $87,000 | -- |
Source: MIAMI REALTORS® MLS
MLS Number: A11788309
APN: 01-3125-024-1490
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