Mansions Collection - Luxury Homes Real Estate Collection
MLS:A12068686

5885 56th St, Miami, FL 33155

Priced at: $15,000,000
Bedrooms:
5
Bathrooms (Full):
5
Bathrooms (Half):
0
Living Area SqFt:
8,252 Sq Ft
Lot SqFt:
214,315 Sq Ft
Year Built:
1947
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.

Fees

Tax Year:
2025
Tax Amount:
$29,314

Features

Exterior Features:
  • Open Balcony
  • Tennis Court(s)
Interior Features:
  • First Floor Entry
  • Pantry
  • Chandelier To Be Replaced
  • Walk-In Closet(s)
  • Attic
  • Den/Library/Office
  • Family Room
  • Florida Room
Equipment/ Appliances:
  • Dryer
  • Electric Range
  • Electric Water Heater
  • Refrigerator
  • Washer
Parking:
  • Circular Driveway
  • Rv/Boat Parking
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MLS: A12068686
5885 56th St, Miami, FL 33155
Price: $15,000,000
Listing courtesy of RE/MAX Advance Realty II

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Property information shown has been provided from various sources, which can include the seller and/or public records. It is believed reliable but not guaranteed and should not be relied upon without independent verification.

Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. All dimensions are estimates only and may not be exact measurements. Square Footages are approximate. Floor plans and development plans are subject to change. The sketches, renderings, graphic materials, plans, specifics, terms, conditions and statements are proposed only, and the developer, the management company, the owners and other affiliates reserve the right to modify, revise or withdraw any or all of same in their sole discretion and without prior notice. All pricing and availability is subject to change. The information is to be used as a point of reference and not a binding agreement.

William PD Pierce Luxury Realestate
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