
Courtesy of: Ileana Rodriguez, RE/MAX Advance Realty II, ileana@ileanasellsmiami.com
$15,000,000
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5 bed
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8,252 square feet
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5.00 Bath (5 Full)
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Lot: 4.92 Acres
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Single Family Residence
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$15,000,000
5885 SW 56th St A Rare Trophy Asset: 5-Acre Development Opportunity Near Coral Gables Welcome 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.
Courtesy of: Ileana Rodriguez, RE/MAX Advance Realty II, ileana@ileanasellsmiami.com
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