5885 Sw 56th St, Miami, FL 33155

$15,000,000
5
BD
5
BA
8,252
SqFt

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List Price
$15,000,000
MLS#
A12068686
Subdivision
Plat Of The W1/2 Of Se1/4
Status
ACTIVE
Type
Single Family Residential
Bedrooms
5
Full baths
5
Living Area
8,252

Property Description

A Rare Trophy Asset: 5-Acre Development Opportunity Near Coral Gables Welcome 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.

Additional Information

Days on Market
1
View
Garden, Pool
Tax Amount
$29,314
Pool
Yes
Parcel Number
30-40-24-000-0940
Pool Description
In Ground
#Garage Spaces
3
Bedroom Description
Primary Bath Shower, Primary Bath Tub, Sitting Area - Primary Bedroom
Front Exposure
South
Lot Size
214,315
Exterior Features
Open Balcony, Tennis Court(s)
Parking Restrictions
Circular Driveway, Rv/Boat Parking
Address
5885 Sw 56th St, Miami
Elementary School
Fairchild; David
SqFt Liv Area
8,252
Year Built
1947
Design
Detached, Two Story
Development Name
Plat Of The W1/2 Of Se1/4
Style
Pool Only, House
Middle School
South Miami
Senior High School
South Miami
Restrictions
No Restrictions
Construction Type
CBS Construction
Interior Features
First Floor Entry, Pantry, Chandelier To Be Replaced, Walk-In Closet(s), Attic, Den/Library/Office, Family Room, Florida Room
Section
24

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Listing Courtesy of RE/MAX Advance Realty II, Contact: