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Land with Home for Sale in Miami, Florida

5885 SW 56th St, Miami, FL 33155

$15,000,000
5 acres
Active sale
ago
Est $79,082/mo

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.

8,252
Sq feet
5
Beds
5
Full baths
1947
Built

Location

Street address
5885 SW 56th St
Zip code
33155
Community
Plat of The W1/2 of Se1/4
Elevation
10 feet
Coordinates
25.72, -80.2895

Property details

Acreage
4.92 acres
MLS #
MAOR A12068686
Posted

Property taxes

2025
$29,314

Parcels

  • 30-40-24-000-0940

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Zoning
2300
Franchise
RE/MAX International

Exterior

Parking
Driveway, Garage, RV
Fencing
Fenced
Pool
Private
Features
Awning(s), Balcony, Fence, Storm/Security Shutters, Tennis Court(s)

Structure

Stories
2
Water
Public
Sewer
Public Sewer
Heating
Central
Cooling
Central Air
Materials
Block
Roof
Shingle

Interior

Rooms
Bathroom x 5, Bedroom x 5, Dining Room
Flooring
Carpet, Hardwood, Wood
Appliances
Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
Security
Security
Accessibility
Accessible Approach With Ramp
Features
Attic, Bathtub, Breakfast Area, Dining Area, First Floor Entry, Handicap Access, Pantry, Separate Shower, Separate/Formal Dining Room, Sitting Area in Primary, Walk-In Closet(s)

Nearby schools

NameType
Fairchild; DavidElementary
South MiamiMiddle
South MiamiHigh

Listing history

DateEventPriceChangeSource
Aug 12, 2026New listing$15,000,000MAOR
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This 4.92-acre property is located at 5885 SW 56th St in Miami, FL 33155. The property is available for sale, priced at $15,000,000. It has a 8,252 square foot 5-bedroom, 5-bath house built in 1947.

Listed by RE/MAX Advance Realty II, (305) 251-2127

Checked 1 hour agoUpdated Source

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