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5885 56th St, Miami, FL
Offering:
For Sale
Location:
Miami, FL 33155
Subdivision:
PLAT OF THE W1/2 OF SE1/4
Status:
Active
$15,000,000
Details
Year built:
1947
Lot size:
214,315 sq ft
Levels:
Two
Stories:
2
Garage:
3
Parking:
3 covered
Style:
Detached,Two Story
Faces:
South
Annual tax (2025):
$29,314
Type:
Single-family home
MLS ID
A12068686
Virtual tour:
Listed by:
RE/MAX Advance Realty II (ADVA01)
Listing office phone:
Listing office email:
Listing agent:
Ileana Rodriguez (0392092)
Features
Schools
Elementary:
Fairchild; David
Middle / junior:
South Miami
High:
South Miami
School assignments come from the MLS feed and can change. Verify with the district before relying on them.
Pets
Allowed:
yes
Utilities
Water source:
Public
Sewer:
Public Sewer
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.
Price history
$15,000,000 → $15,000,000
· 1 price changes
Location
5885 SW 56th StMiami, FL 33155
MLS information
Last updated Aug 12, 2026
Deemed reliable but not guaranteed.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
