5885 SW 56th St, Miami, FL 33155
As of , this 5 bedroom, 5 bath house is under contract; it was listed at $15,000,000 ($1,818 per sq ft). It was listed on .
MLS data updated .
Key facts
- Type
- House
- Year built
- 1947
- Property tax
- $29,314 (2025)
- Parking
- 3 garage spaces
- View
- Garden, Pool
- Waterfront
- No
- Pets
- Pets allowed
- Cooling
- Central Air
- Heating
- Central
- MLS number
- A12068686
Listing information
Listing courtesy of RE/MAX Advance Realty II, 305-251-2127, anthony@askaskowitz.com
Listing agent: Ileana Rodriguez, ileana@ileanasellsmiami.com
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MIAMI MLS. Listing data from MIAMI MLS (South East Florida Regional MLS). Information is deemed reliable but not guaranteed.
Listing information is provided for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify homes consumers may want to buy or rent.
Listing last changed .
From the listing
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.
The text above is the listing description from the MLS, as written by the listing agent.
The Miami market
As of , the median asking price in Miami is $639,000, or $498 per sq ft, across 8,408 listings for sale. The median listing for sale there has been on the market for 90 days.
Price and status history
- Listing date
- Under contract
- Original list price
- $15,000,000
- Price changes
- 0
| Date | Event | Price |
|---|---|---|
| Listed | $15,000,000 |
From the MLS. RealVista does not show sold prices.
