Price Check
How this price compares
- List price
- $1,200,000
- Price per sq ft
- N/A
- Original price
- $2,500,000
- Days on market
- 534
This lot in ZIP 33127 is listed at $1,200,000. The asking price has come down 52% from its original $2,500,000. It has been on the market for 534 days.
Estimated monthly payment
$6,307 /mo
Principal and interest only, based on $240,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,200,000
- Days on Site
- 534 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 0.17 Acres
- Property Type
- Land
- MLS #
- A11788309
- Property Tax
- $8,457 (2024)
- Subdivision
- NORTHERN BLVD TRACK
- County
- Miami Dade
- Status
- Active
About This Property
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.
General Features
- Property Type
- Land
- Status
- Active
- Direction Faces
- West
- Lot Size (Acres)
- 0.17
- Zoning
- 6107
Community & HOA
- Financing Terms
- Cash / Conventional / Cryptocurrency / Other
- MLS Area
- 2310
Schools
- Elementary School
- Eneida Massas Hartner
- Middle School
- Jose De Diego
- High School
- Booker T. Washington
About the Community
Northern Blvd Track is a community in Miami, Miami-Dade County, Florida. Active listings are priced from $359,000 to $1,300,000. Homes were built between 1936 and 2026. Pure Equity lists homes in Northern Blvd Track and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 29
- Under Contract
- 3
- Median List Price
- $994,500
- Median $/Sq Ft
- $1,217
- Avg Days on Market
- 181
Frequently Asked Questions
- How do I schedule a tour of 3049 NW 5th Avenue, Miami, FL 33127?
- Use the Tour button on this listing to request a showing of 3049 NW 5th Avenue, Miami, FL 33127. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 3049 NW 5th Avenue, Miami, FL 33127 still available?
- 3049 NW 5th Avenue, Miami, FL 33127 is currently listed as Active, and has been on the market 534 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 3049 NW 5th Avenue, Miami, FL 33127?
- With 20% down ($240,000) on the $1,200,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 3049 NW 5th Avenue, Miami, FL 33127 is about $6,307/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 3049 NW 5th Avenue, Miami, FL 33127?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 3049 NW 5th Avenue, Miami, FL 33127. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 3049 NW 5th Avenue, Miami, FL 33127?
- 3049 NW 5th Avenue, Miami, FL 33127 is zoned for Eneida Massas Hartner (elementary), Jose De Diego (middle), Booker T. Washington (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 3049 NW 5th Avenue, Miami, FL 33127?
- Often, yes. The right offer on 3049 NW 5th Avenue, Miami, FL 33127 depends on how it's priced against comparable land sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of SM Contracting, LLC.
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$1,200,000
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Listed by Stephen Meruelo, SM Contracting, LLC.
Map & Location
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Recent Sales
Recently sold homes in ZIP 33127
These are the last 6 recorded closings in ZIP 33127, with the price each home actually sold for rather than what it was listed at. They closed at a median of $533 per square foot. The most recent closed on October 13, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$910,000
Sold · October 13, 2026
545 NW 47th Street
3 bed · 3 bath
$39,000 under the asking price
Sold$415,000
Sold · October 9, 2026
5820 NW 3 Avenue
3 bed · 2.5 bath · 1,000 sqft · $415/sqft
$20,000 under the asking price
Sold$575,000
Sold · October 2, 2026
347 NW 42nd Street
4 bed · 1 bath · 1,038 sqft · $554/sqft
$14,700 under the asking price
Sold$580,000
Sold · October 2, 2026
750-752 NW 52nd Street
0 bed · 0 bath · 1,343 sqft · $432/sqft
$94,900 under the asking price
Sold$760,000
Sold · September 30, 2026
231 NW 44th Street
5 bed · 3 bath · 1,426 sqft · $533/sqft
$72,000 under the asking price
Sold$3,000,000
Sold · September 30, 2026
2428 NW 7th Avenue
0 bed · 0 bath
$500,000 under the asking price
See every recorded sale in ZIP 33127 or find out what your ZIP 33127 home is worth.
