5900 NE 5th Ave, Miami, FL 33137
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Listed by: donn dutton
Office: beachfront realty inc305-405-0615
MLS#:A11855344
Source:SEFMLS
Price summary
- Price:$2,499,000
- Price per sq. ft.:$462.01
About this home
HUGE PRICE DROP! ENORMOUS OPPORTUNITY FOR THE RIGHT BUYER!! Motivated seller of this assemblage of Bayshore lots; price just reduced. Three lots, totaling ½ an acre, on the corner of 59th St. & 5th Ave in rapidly changing Palm Grove. On site is a 100-year-old home spanning 5409 sf. New kitchen & appliances & bathroom. A grand home w/ richly appointed generous rooms. Owned by a prominent Miami family for 80 years. Presently zoned as single family residential, the property is surrounded by single & multi-family and commercially-zoned properties. This home is in the Palm Grove Historic District, and given its age is likely to be deemed "contributing" to the historic ambience of the community. So Seller is looking for that buyer who is willing and able to bring this home back to its former grandeur. Plenty of room to add on to the original core home, whilst preserving the original structure. This is probably the largest single family lot in all of Palm Grove, and is surrounded by an imposing wall. Inside are quiet courtyards under towering trees. Just off Biscayne, this area is undergoing dynamic changes. A nearby property one half this size recently sold for over $6M. Property could become a stand out stunning estate home in the center of it all -- for the right buyer. The potential here is unrivaled... Seller is very motivated. Contact Agent. See property. Make an offer....
Contact an agent
Home facts
- Year built:1925
- Listing ID #:A11855344
- Updated:May 27, 2026 at 07:36 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Flooring:Hardwood, Tile, Wood
- Dining Description:Dining Area, Separate Formal Dining Room
- Kitchen Description:Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator
- Bedroom Description:Main Level Primary, Walk-In Closets
- Living area:5,180 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Barrel, Flat
- Year built:1925
- Building area:5,180 sq. ft.
- Lot area:0.49 Acres
- Architectural Style:One Story
- Construction Materials:Block, Brick, Brick Veneer
- Exterior Features:Enclosed Porch, Glass Enclosed, Open, Patio, Porch, Screened, Storm Security Shutters
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,499,000
- Price per sq. ft.:$462.01
- Tax amount:$22,471 (2024)
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Electric Water Heater, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
- Laundry features:Dryer, Dryer Hookup, Washer, Washer Hookup
- Amenities:Bar, Closet Cabinetry, Fireplace, Security System Owned, Skylights, Wet Bar
- Pool features:Concrete, In Ground, Pool, Pool Equipment
Parking
- Parking description:Driveway, Garage Door Opener
- Garage:Yes
- Garage spaces:4
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