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
Listing Price
$15,000,000
Days on Market
31
MLS#
A12068686
Bedrooms
5
Bathrooms
5
Living Sq. Ft
8,252
Lot Size
214,315
Property Class
Single Family Residential
Elementary School
Fairchild; David
Middle School
South Miami
High School
South Miami
Status
ACTIVE
County
Miami-Dade
Subdivision
Plat Of The W1/2 Of Se1/4

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

Tax Amount
$29,314
Tax Year
2025
Year Built
1947
Garage Spaces
3
furnished
Unfurnished
View
Garden, Pool
Pool
Yes
Construction
CBS Construction
Parking
Circular Driveway, Rv/Boat Parking
Restrictions
No Restrictions
Roof
Shingle
Flooring
Carpet, Wood
Exterior Features
Open Balcony, Tennis Court(s)
Sewer
Public Sewer
Cooling
Central Air
Interior Features
First Floor Entry, Pantry, Chandelier To Be Replaced, Walk-In Closet(s), Attic, Den/Library/Office, Family Room, Florida Room
Equipment/Appliances Included
Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer

Mortgage Calculator

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Calculator source: Real Geeks

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