$15,000,000
 $80,523 est/mo Sourced by Back At You

5885 SW 56th Street,Miami, FL 33155

Miami, FL 33155

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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.

Details

MLS #A12068717
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Days On Site73
Listing Provided ByRE/MAX Advance Realty II | Ileana Rodriguez

Features

Zoning2300
Acreage5.00

Exterior

Lot FeaturesCorner Lot

Taxes

Tax Annual Amount28142

Location

Community FeaturesNear Schools

Area Information

StateFL
CountyMiami Dade
CityMiami
Zip Code33155
Area2400
Community NamePLAT OF THE W1/2 OF SE1/4
Listing VS Median (in PLAT OF THE W1/2 OF SE1/4)
Price:
$15,000,000
low | high
Med:
$15,000,000
50% of Average
On site:
73
low | high
Med:
73
100% of Average
Sourced by Back At You

Market Activity 33155

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Learn More About This Property

StateFL
CountyMiami Dade
CityMiami
Zip Code33155
Area2400
Community NamePLAT OF THE W1/2 OF SE1/4
Listing VS Median (in PLAT OF THE W1/2 OF SE1/4)
Price:
$15,000,000
low | high
Med:
$15,000,000
50% of Average
On site:
73
low | high
Med:
73
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $11.25M - $18.75M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
5885 SW 56th Street Property Photo 1
$15,000,000
5885 Sw 56th Street
Miami, FL 33155
5885 SW 56th St Property Photo 1
$15,000,000
5885 Sw 56th St
Miami, FL 33155
Listing Updated: September 30, 2026 at 2:53:13 AM PDT
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