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.

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5885 SW 56th Street, Miami, FL 33155

Price
Price:
$15,000,000.00
Original List Price:
$15,000,000.00
List Price per Sq Ft (Calculated, Approx.):
$1,817.74
Property Status and Type
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
Rooms Distribution
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
Measures
Living Area:
8,252 Sqft
Built-Up Area:
8,708 Sqft
Lot Size Acres:
4.92
Property Features
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
Construction
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
Taxes and Expenses
Tax Annual Amount:
$29,314.00
Tax Year:
2025
Parking
Garage
Garage Spaces:
3
Covered Spaces:
3
Parking Features:
Garage, Circular Driveway, Rv Access/parking, Detached, Detached Garage, Boat Access/parking
Utilities
Sewer:
Public Sewer
Electric:
Circuit Breakers
Water Source:
Public
Community
Pets Allowed?
Subdivision Name:
PLAT OF THE W1/2 OF SE1/4
Senior Community:
No
Restrictions:
No Restrictions
Terms
Listing Terms Considered by Seller:
Cash
Buyer Possession:
Negotiable
Zoning and Legal
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
Public Schools Assigned
Elementary School:
David Fairchild
High School:
South Miami
Middle Or Junior School:
South Miami
Listing History
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
Additional Information
Courtesy of:
RE/MAX Advance Realty II
Attribution:
Not provided
Location
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
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $79,271
Median Home Value $505,000
Median Rent $1,871/mo
Median Age 44
Population 43,133

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 50 Good
☀️ O3 35 Good
🫁 PM2.5 50 Good
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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.