$15,000,000

Single Family Residence In Miami

  • 5 Beds
  • 5 Baths
  • 8,252 Sqft
  • 4.92 Ac lot
  • Updated: Yesterday
  • 3
    Views for last 30 days
  • 1
  • Source:
    MIAMI REALTORS MLS  MLS#A12068686

About the Property

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 g
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.
  • Property type

    House

  • Floors

    2

  • Year built

    1947

  • Price/sqft

    $1,817

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5885 SW 56th St, Miami, Florida, United States View on Google Maps
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RE/MAX Advance Realty II - Miami

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RE/MAX Advance Realty II - Miami
Florida, United States
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53
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2025
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RE/MAX Advance Realty II - Miami
Miami, Florida, United States
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Last updated
Yesterday
First listed
Aug 13
Listing reference
A12068686
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