5885 SW 56th St

5-bedroom house for sale in Miami

$15,000,000

Beds

Baths

Living Area

8252 Sq. Ft

Price per Sq. Ft.

$1818

Living Area м²

767 м²

Price per м²

$ 19 566

Overview:

Living Area 8252 Sq. Ft.

Living Area м² 767 м²

Days On Market 4

Tax Annual Amount 29314

Furnished? Not furnished

Pets Allowed No,Yes

Garage Spaces 3

Year Build 1947

MLS# A12068686

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.

Property Features:

Address

FL, Miami

Street Name

56th St

Street Number

5885

Property Type

Residential / Single Family Residence

View

Garden, Pool

Architectural Style

Detached, TwoStory

Flooring

Carpet, Hardwood, Wood

Cooling

Central Air

Last Modification

2026-08-12 18:17:55

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Exterior Features

Awnings
Balcony
Fence
TennisCourts
StormSecurityShutters

Interior Features

Breakfast Area
Bathtub
DiningArea
SeparateFormalDiningRoom
FirstFloorEntry
HandicapAccess
Pantry
SittingAreaInPrimary
SeparateShower
WalkInClosets
Attic

Appliances

Dryer
Electric Range
Electric Water Heater
Refrigerator
Washer

Parking Features

CircularDriveway
Detached
Garage
RvAccessParking

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