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5900 5th Ave, Miami, FL 33137
Offering:
For Sale
Location:
Miami, FL 33137
Subdivision:
BAYSHORE AMD
Status:
Pending
$2,100,000
Deemed reliable but not guaranteed.
Details
Year built:
1925
Lot size:
21,252 sq ft
Stories:
1
Garage:
4
Parking:
4 covered
Style:
One Story
Faces:
Southeast
Days on market:
333
Annual tax (2025):
$25,320
Type:
Single-family home
MLS ID
A11855344
Virtual tour:
Listed by:
Beachfront Realty Inc (ROBR01)
Listing office phone:
305-405-0615
Listing office email:
Listing agent:
Donn Dutton (3038225)
Features
Pets
Allowed:
yes
Utilities
Available:
Underground Utilities
Water source:
Public
Sewer:
Public Sewer
Description
HUGE PRICE DROP! ENORMOUS OPPORTUNITY FOR THE RIGHT BUYER!! Motivated seller of this assemblage of Bayshore lots; price just reduced. Three lots, totaling ½ an acre, on the corner of 59th St. & 5th Ave in rapidly changing Palm Grove. On site is a 100-year-old home spanning 5409 sf. New kitchen & appliances & bathroom. A grand home w/ richly appointed generous rooms. Owned by a prominent Miami family for 80 years. Presently zoned as single family residential, the property is surrounded by single & multi-family and commercially-zoned properties. This home is in the Palm Grove Historic District, and given its age is likely to be deemed "contributing" to the historic ambience of the community. So Seller is looking for that buyer who is willing and able to bring this home back to its former grandeur. Plenty of room to add on to the original core home, whilst preserving the original structure. This is probably the largest single family lot in all of Palm Grove, and is surrounded by an imposing wall. Inside are quiet courtyards under towering trees. Just off Biscayne, this area is undergoing dynamic changes. A nearby property one half this size recently sold for over $6M. Property could become a stand out stunning estate home in the center of it all -- for the right buyer. The potential here is unrivaled... Seller is very motivated. Contact Agent. See property. Make an offer.
Price history
$2,999,000 → $2,100,000
·
Reduced by
$899,000 (30.0%) · 6 price changes
Location
5900 NE 5th AveMiami, FL 33137
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MLS information
Last updated Oct 3, 2026
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.
