3049 NW 5th Ave, Miami, FL 33127
FOR SALE

3049 NW 5th Ave
Miami, FL 33127

Wynwood - Edgewater

    $1,400,000

    Original price: $2,500,000
    Est. Mortgage $9,264/mo*
    Get Pre-Qualified

    $1,400,000

    Original price: $2,500,000
    Est. Mortgage $9,264/mo*
    Get Pre-Qualified

    Local Information

    • Map ViewExplore the area around 3049 NW 5th Ave.
    • Schools1 Preschool School1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    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.

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    View
    No Info
    HOA
    None
    Price/Sqft
    No Info
    Listed
    180+ days ago

    Home Details for 3049 NW 5th Ave

    Exterior Features

    Exterior Home Features
    Vegetation: Other TreesOther Structures: NoneNo Private Pool
    Frontage
    Not on Waterfront
    Farm & Range
    Not Allowed to Raise Horses
    Surface & Elevation
    Elevation Units: Feet

    Days on Market

    Days on Market: 180+

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved LandStructure Type: ResidentialArchitecture: Residential
    Building
    Building Name: Northern Blvd TrackNo Additional Parcels
    Property Information
    Parcel Number: 0131250241490

    Price & Status

    Price
    List Price: $1,400,000

    Active Status

    MLS Status: Active

    Location

    Direction & Address
    City: MiamiCommunity: Northern Blvd Track

    Agent Information

    Listing Agent
    Listing ID: A11788309

    HOA

    Association for this Listing: A-Miami Association of REALTORSNo HOA

    Lot Information

    Lot Area: 7187.4 sqft

    Offer

    Listing Terms: All Cash, Conventional, Cryptocurrency

    Miscellaneous

    Mls Number: A11788309

    Additional Information

    Source Internet Entire Listing Display
    Last check for updates: about 2 hours ago
    Listing courtesy of Stephen Meruelo, (305) 318-7620
    SM Contracting, LLC.
    Originating MLS: A-Miami Association of REALTORS
    Source: MIAMI, MLS#A11788309
    Also Listed on MIAMI.

    Market trends in Wynwood - Edgewater

    Last updated May 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $659K
    $25K    MoM
    Sale-to-List Price
    95.6%
    0.3%    MoM
    Price per sq ft
    $614
    $14    MoM
    Available listings
    619
    13    MoM

    Price History for 3049 NW 5th Ave

    DatePriceEventSource
    05/08/2026$1,400,000PriceChange
    MIAMI #A11788309
    04/22/2025$2,500,000Listed For SaleMIAMI #A11788309
    09/17/2012$22,000Sold
    N/A
    04/19/2012$7,600ListingRemovedAgent Provided
    03/21/2012$7,600Listed For SaleAgent Provided
    07/22/2010$18,100Sold
    N/A
    08/15/2002$87,000Sold
    N/A

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    Property Tax and Assessment

    Year2025
    Tax$9,613
    Assessment$1,080,000
    Home facts updated by county records

    Comparable Sales for 3049 NW 5th Ave

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    32 Street, Miami, FL
    0.77
    Lot/Land
    $30,000
    10/03/25
    -
    -
    591 NW 34th St, Miami, FL
    0.26
    Lot/Land
    $1,150,000
    03/10/26
    -
    -
    3328 NW 9th Court, Miami, FL
    0.55
    Lot/Land
    $310,000
    02/02/26
    -
    -
    71 NW 34th Ter, Miami, FL
    0.47
    Lot/Land
    $940,000
    10/31/25
    -
    -
    1036 NW 31st St, Miami, FL
    0.58
    Lot/Land
    $310,000
    11/25/25
    -
    -
    160 NW 44th St, Miami, FL
    0.77
    Lot/Land
    $900,000
    01/30/26
    -
    -
    260 NW 43rd St, Miami, FL
    0.70
    Lot/Land
    $750,000
    04/14/26
    -
    -
    350 NW 45th St, Miami, FL
    0.79
    Lot/Land
    $552,939
    10/15/25
    -
    -

    Nearby homes

    Get a sense of prices in the area by checking nearby homes.
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    Assigned Schools

    These are the assigned schools for 3049 NW 5th Ave.
    View nearby schools on GreatSchools
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    Neighborhood Overview

    Wynwood - Edgewater
    See Local Highlights
    Neighborhood stats provided by third party data sources.

    What Locals Say about Wynwood - Edgewater

    At least 307 Trulia users voted on each feature.

    • 87 % Say there are sidewalks

    • 84 % Say it's dog friendly

    • 84 % Say it's walkable to restaurants

    • 77 % Say it's walkable to grocery stores

    • 67 % Say streets are well-lit

    • 59 % Say there's holiday spirit

    • 56 % Say car is needed

    • 56 % Say people would walk alone at night

    • 54 % Say it's quiet

    • 50 % Say they plan to stay for at least 5 years

    • 48 % Say parking is easy

    • 47 % Say neighbors are friendly

    • 40 % Say yards are well-kept

    • 34 % Say kids play outside

    • 33 % Say there's wildlife

    • 31 % Say there are community events

    Sourced by Trulia users. Learn more about our methodology.
    • Manuel
      "Amazing for young people, and for those that work in brickell or downtown area. Really good for si gle people."
      0
      Flag
    • Timothy Williams
      "The city doesn’t have any regulations or restrictions on outdoor lighting. A lot of the buildings have excessive and unnecessary lights on all night so you have to invest in blackout shades. Also be sure to be careful crossing the streets and traffic is really bad all day. "
      0
      Flag
    • Tc5prwpt4w
      "I don’t think dog owners like that there isn’t a dog park in a walkable distance of my neighborhood Also that other dog owners are pretty irresponsible about letting their dogs go out without leashes and start fights "
      0
      Flag
    • Michaelcorcos
      "Traffic can be heavy at times. It depends on the hour. Heaviest traffic hours are mornings & early evenings during the week. Development in the area is expected to make traffic even worse."
      0
      Flag
    • Hector Maradiaga
      "Everything’s walking distance and convenient. Great restaurants & shops a stones throw away. The energy is also great with like minded individuals."
      1
      Flag
    • Yousefmarsel
      "Space there is not to many areas for dogs only one park on the area. Maybe need to create more parks for dogs "
      0
      Flag
    • Frances Llop
      "Edgewater is pet friendly, you can take your dog everywhere you go, restaurants, shops, parks, etc. they even have treats for them"
      0
      Flag
    • Trulia User
      "The fact that it’s close to everything and you’re in the tech scene. For me it’s a big factor. But i prefer brickell better "
      7
      Flag
    • Trulia User
      "It’s not normal to see loose/free walking dogs in the area it tends to scare the kids and some adults as well so when walking it is best to have dog leash "
      1
      Flag
    • Trulia User
      "Very artsy and a lot of places to go to at night. Many activities for adults. Not for kids though……."
      4
      Flag
    • Trulia User
      "I love this places where we had to play Jungfrau all day long every week all year around please say my life"
      1
      Flag
    • Trulia User
      "Groceries, bakeries, nightlife, beaches and in the middle of both the art district and design district. Best new neighborhood in Miami. "
      0
      Flag
    • Trulia User
      "My commute is great, Edgewater is central to highways, downtown, brickell, beaches and wynwood you’ve got access to all the restaurants, shops and activities "
      0
      Flag
    • Trulia User
      "Lots of parks, museums and great schools in walking distance to everything. Nice big front yards and always see neighbors having get togethers. "
      0
      Flag
    • Maria E. C. .
      "Needs help in maintaining the area clean. Sidewalks are dirty and cracked. No pedestrian cross walk available. No traffic stops from 29st street and 2nd Ave to 21st street and 2nd Ave, cars speed all the time and cause accidents on weekly basis. Not walkable due to this. Dog owners do not pick up after their needs. Overall - neighbor needs some TLC. "
      6
      Flag
    • Valerie D.
      "I’ve lived here for 1 year and it’s nice and quiet. No nightlife in Edgewood so it’s good for families and ppl who aren’t that social."
      14
      Flag
    • Pvfancy
      "I think if you live near Margaret pace park it’s awesome for children and Ed water is pretty safe and awesome "
      1
      Flag
    • Vivi N. T.
      "Not gonna lie.. there is traffic in the mornings and afternoons usually work hours. The rest of the day is nice"
      1
      Flag
    • Nadezhda G.
      "There are dog parks, with gates but they are right next to the kids parks and sometimes it’s uncomfortable for both parties. Dog owners. PLEASE PICK UP! "
      1
      Flag
    • Andresepulveda
      "Walking distance to Farmers market, bakeries, florists, restaurants, grocery, shopping, malls, theatre, beach, parks more"
      2
      Flag
    • Biggeorge700
      "Eclectic, nightly, safe, accessibility, views, walkable, a bit quiet, elegant, unique, fashionable, electric, buildings, etc. all these positive positive attributes and more makes the place enjoyably livable"
      12
      Flag
    • Andresepulveda
      "Amazing water views and great luxury shopping and groceries just steps away. Very safe and newest, best place to live in Miami now. Tons of new luxury construction as its the hottest location in Miami to live right now."
      1
      Flag
    • Enrique R.
      "Good central location with quick access to highways in all directions East to Miami Beach, North to Fort Lauderdale, South to Coral Gables, and West to the airport. "
      0
      Flag
    • Drbakshi58
      "I have lived here for a year. The building i live in - aria on the bay - is great. Would highly recomend it "
      7
      Flag
    • Chelsea S.
      "None. It is a pretty insular, partially gentrified neighborhood with no sense of community. It’s a more “keep to yourself” vibe. "
      1
      Flag
    • Antonio C.
      "Easy access to good shopping, dining, entertainment, and water sport activity. Also close access to museums and parks."
      0
      Flag
    • Pnznk
      "I been in this area for 6 years and I love it ! I feel safe to walk if needed. Lot of restaurants and bars are near by. I definitely will stick to this area "
      5
      Flag
    • Diana O.
      "Is fun and is convenient for me. I am between my work and also to a lot of comercial places. Restaurants. Stores. Hospitals. School. Beach. I have been living in the area for 6 years. "
      3
      Flag
    • Kimberlycozzens
      "Choose another area if you have a family. It’s dirty and lots of concrete and crazy drivers no warmth in people. Very transient "
      1
      Flag
    • Andresepulveda
      "Lots of dining, entertainment, shopping, parks and beaches with great water views. Clean new buildings with fresh ocean breezes. Kids can roam safely and ride bikes in the streets. Great safe place to live. "
      0
      Flag
    • Phil.f.villard
      "Living in from of Margaret pace park is amazing! It’s like having a giant backyard. And the location is also great "
      1
      Flag
    • Andreina M.
      "We have close nice restaurants and places for fun. Is closer to the beach, and if you dont have a car the public transportation worjs very good "
      0
      Flag
    • Luis M.
      "It have parks and great spaces but maybe is not the best zone to grow up, there’s all kind of crazy people on the street."
      1
      Flag
    • Jonathan C.
      "Very modern, trendy, and conveniently located. Plenty to see and do. Great for singles or young couples. "
      0
      Flag
    • Condebosch
      "Wish there were more parks nearby and bike lanes. People drive fast in area. The area still has a lot to do to become as upscale as it wants to be. "
      0
      Flag
    • Jaleih Q.
      "Your kids are safe for the most part, but parental supervision is always important! The area is close to design district which is nice as well, yet at night can encounter dodgy people."
      1
      Flag

    LGBTQ Local Legal Protections

    Stephen Meruelo, SM Contracting, LLC.
    Agent Phone: (305) 318-7620
    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
    3049 NW 5th Ave, Miami, FL 33127 is a lot/land. 3049 NW 5th Ave is located in Wynwood - Edgewater, Miami. This property is currently available for sale and was listed by MIAMI on Apr 22, 2025. The MLS # for this home is MLS# A11788309.