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
Bedrooms
5
Bathrooms
5
Sq. Ft
8,252
Lot Size
214,315
Subtype
Single Family Residence
County
Miami-Dade
Community
Plat Of The W1/2 Of Se1/4
Subdivision
Plat Of The W1/2 Of Se1/4
Year Built
1947

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

Front Exposure
South
Status Label
ACTIVE
Construction
CBS Construction
Cooling
Central Air
Equipment
Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
Flooring
Carpet, Wood
Furnished
Unfurnished
Heating
Central
Lot Description
4 To Less Than 5 Acre Lot
Parking
Circular Driveway, Rv/Boat Parking
Roof
Shingle
Bedroom Description
Primary Bath Shower, Primary Bath Tub, Sitting Area - Primary Bedroom
Taxes
$29,314
View
Garden, Pool
Roofing
Shingle
Price Per Sqft
$1,817

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Calculator source: Real Geeks

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