Home in 5885 SW 56th Street, Miami, FL 33155 for sale with MLS# A12068686
A Rare Trophy Asset: 5-Acre Development Opportunity Near Coral GablesWelcome 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.
5885 SW 56th Street, Miami, FL 33155
- Price:
- $15,000,000.00
- Original List Price:
- $15,000,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $1,817.74
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential
- Property Type:
- Single Family House
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- August 12, 2026 4:00 am
- Other Special Conditions:
- Sold As-is, Chandelier To Be Replaced
- Bedrooms:
- 5
- Bathrooms Total:
- 5
- Full Bath:
- 5
- Room Type:
- Florida Room, Family Room, Den, Attic
- Master Bedroom Bath:
- Master Bdrm - Sitting, Separate Shower, Separate Tub
- Dining Area:
- Formal Dining, Breakfast Area
- Living Area:
- 8,252 Sqft
- Built-Up Area:
- 8,708 Sqft
- Lot Size Acres:
- 4.92
- View from the Property:
- Pool, Garden
- Waterfront:
- No
- Private Pool
- Swimming Pool Features:
- In Ground
- Furnished:
- Unfurnished
- Appliances:
- Dryer, Refrigerator, Washer, Electric Range, Electric Water Heater
- Interior:
- Pantry, Walk-In Closet(s)
- Exterior:
- Awning(s), Balcony, Tennis Court(s)
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Fence:
- Fenced
- Property Entrance Faces:
- South
- Balcony Details:
- Balcony - Open
- Year Built:
- 1947
- Roof:
- Shingle
- Levels:
- Two
- Entry Level (floor):
- 1
- Construction Materials:
- CBS
- Flooring:
- Carpet, Wood
- Number of stories:
- 2
- Flood Zone Code:
- X
- Property Condition:
- Resale
- Tax Annual Amount:
- $29,314.00
- Tax Year:
- 2025
- Garage
- Garage Spaces:
- 3
- Covered Spaces:
- 3
- Parking Features:
- Garage, Circular Driveway, Rv Access/parking, Detached, Detached Garage, Boat Access/parking
- Sewer:
- Public Sewer
- Electric:
- Circuit Breakers
- Water Source:
- Public
- Pets Allowed?
- Subdivision Name:
- PLAT OF THE W1/2 OF SE1/4
- Senior Community:
- No
- Restrictions:
- No Restrictions
- Listing Terms Considered by Seller:
- Cash
- Buyer Possession:
- Negotiable
- Tax Legal Description:
- 24 54 40 4.92 AC W1/2 OF SW1/4 OF SE1/4 OF SE1/4 LESS S50FT FOR R/W LOT SIZE IRREGULAR
- Real Estate Folio Number (Parcel Number):
- 3040240000940
- Zoning:
- 2300
- Elementary School:
- David Fairchild
- High School:
- South Miami
- Middle Or Junior School:
- South Miami
- Active on the market since:
- August 12, 2026
- Listing Agreement executed on:
- August 12, 2026
- Listing Status Last Changed On:
- August 12, 2026 4:00 am
- Photos updated on:
- August 12, 2026 6:16 pm
- Last Modified:
- August 12, 2026 6:17 pm
- Courtesy of:
- RE/MAX Advance Realty II
- Attribution:
- Not provided
- Street Name:
- 56th
- Street Number:
- 5885
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33155
- County:
- Miami-Dade
- Latitude:
- N25° 43' 11.4''
- Longitude:
- W81° 42' 37.7''
- Street Suffix:
- Street
- Street Direction Prefix:
- SW

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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami