Unimproved Land in 5885 SW 56th Street, Miami, FL 33155 for sale with MLS# A12068717
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.):
- $68.87
- List Price per Sq Ft (Calculated, Approx.):
- $69.99
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Land & Docks
- Property Type:
- Unimproved Land
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- August 12, 2026 4:00 am
- Lot Area:
- 214,315 Sqft
- Lot Size Dimensions and Info:
- 214315
- Lot Size Acres:
- 5
- Number of Lots:
- 1
- Waterfront:
- No
- Other Structures:
- Other
- Current Use:
- Other, Single Family, Residential, Check Land Use Plan
- Fence:
- Fenced
- Vegetation and Trees:
- Other, Mango, Avocado
- Property Entrance Faces:
- South
- Possible Use:
- Residential
- Flood Zone Code:
- X
- Tax Annual Amount:
- $28,142.00
- Tax Year:
- 2025
- Property Tax Details:
- Homestead Exemption
- Utilities Available:
- Cable Available, Electricity Available, Sewer Available, Water Available, Other, Phone Available, Trash Removal, Irrigation Water Onsite
- Water Source:
- Public
- Subdivision Name:
- PLAT OF THE W1/2 OF SE1/4
- Senior Community:
- No
- Development Status:
- Other, Recorded Plat
- 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 6:27 pm
- Last Modified:
- August 12, 2026 6:28 pm
- Courtesy of:
- RE/MAX Advance Realty II
- Attribution:
- Not provided
- Road Surface Type:
- Paved
- 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
Want to schedule an in-person or virtual tour? Have questions?
Want to schedule an in-person or virtual tour? Have questions?
Schedule a Tour or Ask a Question
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
Ver la propiedad 5885 SW 56th Street, Miami, FL 33155
