5885 SW 56th Street, Miami, FL 33155
- $15,000,000
- 5
- BD
- 5
- BA
- 8,252
- SqFt
- List Price
- $15,000,000
- Status
- ACTIVE
- Days on Market
- 6
- MLS#
- A12068686
- Subtype
- Residential
- Year Built
- 1947
- Bedrooms
- 5
- Bathrooms
- 5
- Full Baths
- 5
- Living Area
- 8,252
- Acres
- 4.92
- Subdivision
- Plat Of The W1/2 Of Se1/4
- MLS Area Major
- 2400
Property Description
A Rare Trophy Asset: 5-Acre Development Opportunity Near Coral GablesWelcome to 5885 Miller Rd—a once-in-a-generation real estate offering in the heart of Miami. Situated just blocks from the prestigious limits of Coral Gables, this sweeping 5-acre parcel is one of the last remaining tracts of its size available in the urban core.Boasting an exceptional location surrounded by gorgeous, high-end homes, this property presents an unprecedented canvas for investors and developers. The land’s highest and best use offers immediate value: it can be subdivided right now into five premium 1-acre lots by right. For the forward-thinking developer, the property holds incredible potential for future rezoning and higher-density subdivision through the county system.Currently gracing the grounds is a beautiful, classic estate that offers timeless elegance and immediate utility while development plans are finalized.Property Highlights:The Canvas: 5 sprawling acres of pristine, level land.Development Potential: Prime for immediate subdivision into five 1-acre estates, with strategic avenues for future high-density rezoning.The Estate: A classic, beautifully maintained existing residence on-site.Strategic Location: Unbeatable proximity to Coral Gables, top-tier schools, and Miami's best dining and retail.Flood Zone X: High and dry—no flood insurance required.This is more than a piece of land; it is a legacy investment.
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Additional Information
- Amenities
- None
- Interior Features
- Breakfast Area, Bathtub, Dining Area, Separate/Formal Dining Room, Pantry, Sitting Area in Primary, Soaking Tub, Separate Shower, Walk-In Closet(s)
- Exterior Features
- Awning(s), Balcony, Outdoor Living Area, Tennis Court(s)
- Taxes
- $29,314
- Flooring
- Carpet, Wood
- Appliances
- Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Stories
- 2
- Levels
- Two
- Roof
- Shingle
- Pool
- Yes
- Parking Features
- Boat, Circular Driveway, Detached, Garage, RV Access/Parking
- Garage Spaces
- 3
- Elementary School
- David Fairchild
- Middle School
- South Miami
- High School
- South Miami
- View
- Garden, Pool
Listing courtesy of RE/MAX Advance Realty II. Contact:
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All listings featuring the RAPB + GFLR logo are provided by the Realtors® of the Palm Beaches and Greater Fort Lauderdale, Inc. and BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2019 Realtors® of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc.
Agent: Ileana Rodriguez | Email: ileana@ileanasellsmiami.com