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Active - Other for sale

3049 NW 5th Ave, Miami FL 33127

Facts & features

Other Property type
571 days on Beycome
7,187 sqft Lot size

Why you’ll love it

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.

Translating description...

Listings courtesy of SM Contracting, LLC..

Listed by: Stephen Meruelo • 305-318-7620 • SM Contracting, LLC.

Co-listed by: SM Contracting, LLC.

Source: Miami MLS, MLS#: A11788309 Miami MLS logo

Based on info available as of Nov 13, 2026 at 7:00 PM EST.

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Affordability

$780,000$1,620,000
1%20%
0%90%
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Estimated monthly payment

$6,773/mo

  • Mortgage$6,068
  • Property tax$705
  • HOA fee
  • Homeowners insurance
Due at closing$954,000
Down payment held in escrow$240,000
Closing costs$18,000
beycome credit Est.$24,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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$24,000 Credit back

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Discover the neighborhood

Travel times

About Northern Blvd Track

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 13, 2026 at 07:00pm EST.

$1,200,000 Listed price

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$24,000 Credit back

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