$15,000,000

5885 SW 56th Street, Miami, FL 33155

  • 5 beds |
  • 5 baths |
  • 8,252 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1947
  • Property Lot Size Icon4.92acre lot
  • Property Parking Icon 3 car garage
  • Property Price Per Square Feet Icon $1,818/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

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.

Listing Status:
Active
Date Added:
August 12, 2026
Data Last Updated:
November 13, 2026 at 4:20AM
Listing Office:
RE/MAX Advance Realty II : 305-251-2127
Listing Agent:
Ileana Rodriguez : 305-992-5626
MLS ID:
A12068686
  • General: Breakfast AreaBathtubDining AreaSeparate/Formal Dining RoomPantrySitting Area in PrimarySoaking TubSeparate ShowerWalk-In Closet(s)
  • Appliances: DryerElectric RangeElectric Water HeaterRefrigeratorWasher
  • Flooring: CarpetWood
  • A/C: Central Air
  • Heating: Central
  • Disability Feature: Accessibility Features
  • General: Awning(s)BalconyOutdoor Living AreaTennis Court(s)
  • Other Structures: BalconyOpen
  • Pool: In Ground
  • Parking: BoatCircular DrivewayDetachedGarageRV Access/Parking
  • Roofing: Shingle
  • General: Block2
  • HOA Amenities: None
  • Originating MLS: BEACH_MIAMI
  • County: Miami-Dade
  • Zoning: 230024 54 40 4.92 AC W1/2 OF SW1/4 OF SE1/4 OF SE1/4 LESS S50FT FOR R/W LOT SIZE IRREGULAR3040240000940
  • View: GardenPoolView
  • Fencing: Fenced
  • Utilities: Circuit Breakers
  • Water: Public
  • Sewer: Public Sewer
  • Source: BEACH_MIAMI

This listing courtesy of Ileana Rodriguez , RE/MAX Advance Realty II

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location