Home
Residential
Type
Listing courtesy of
SM Contracting, LLC.
Stephen Meruelo
MLS® #A11788309
Listing information last updated May 8, 2026
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Overview
This residential in Buena Vista is listed for sale at $1,400,000.
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.
Listing history
Price reduced
↓ $1,100,000 from $2,500,000 · May 8, 2026 · MIAMI MLS
$1,400,000
Listed for sale
Apr 22, 2025 · MIAMI MLS
$2,500,000
Days on market
as of today
455 days
Building & financials
FROM MIAMI MLSThe carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.
Annual property tax (2024)
$8,457
FEMA flood zone
X
Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.
Property details
Location
3049 NW 5th Ave, Miami FL 33127
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List your rental →Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 455 days on market.
We do not advertise a “free” buyer’s agent; buyer-representation compensation is disclosed in writing. Bitcoin pricing is indicative and updates with the market — not financial, tax, or legal advice. Buyer to independently verify all measurements, assessments, and flood & insurance facts.