5885 SW 56th St, Miami, FL 33155
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
Listed by: ileana rodriguez
Office: re/max advance realty ii305-251-2127
MLS#:A12068686
Source:SEFMLS
Price summary
- Price:$15,000,000
- Price per sq. ft.:$1,722.55
About this home
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....
Contact an agent
Home facts
- Year built:1947
- Subdivision & Development:PLAT OF THE W1/2 OF SE1/4
- Listing ID #:A12068686
- Updated:November 06, 2026 at 10:19 AM
Rooms and interior
- Bedrooms:5
- Full bathrooms:5
- Flooring:Carpet, Hardwood, Wood
- Dining Description:Breakfast Area, Dining Area, Separate Formal Dining Room
- Bathrooms Description:Separate Shower
- Kitchen Description:Electric Range, Pantry, Refrigerator
- Bedroom Description:Walk-In Closets
- Living area:8,252 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1947
- Building area:8,252 sq. ft.
- Lot area:4.92 Acres
- Architectural Style:Detached, Two Story
- Construction Materials:Block
- Exterior Features:Awnings, Balcony, Fence, Open, Storm Security Shutters, Tennis Courts
- Levels:2 Story
Schools
- High school:South Miami
- Middle school:South Miami
- Elementary school:Fairchild; David
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$15,000,000
- Price per sq. ft.:$1,722.55
- Tax amount:$29,314 (2025)
Features and amenities
- Appliances:Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:Balcony, Pantry
- Pool features:In Ground, Pool
Parking
- Parking description:Circular Driveway, Detached, Garage
- Garage:Yes
- Garage spaces:3
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