5885 SW 56th St, Miami, FL 33155
Local realty services provided by:CENTURY 21 North East
Listed by: ileana rodriguez
Office: re/max advance realty ii305-251-2127
MLS#:A12068717
Source:SEFMLS
Price summary
- Price:$15,000,000
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....
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Home facts
- Subdivision & Development:PLAT OF THE W1/2 OF SE1/4
- Listing ID #:A12068717
- Updated:August 14, 2026 at 10:04 AM
Rooms and interior
- Total bathrooms:5
Structure and exterior
- Lot area:4.92 Acres
Utilities
- Water:Public, Water Available
- Sewer:Sewer Available
Finances and disclosures
- Price:$15,000,000
- Tax amount:$28,142 (2025)
Features and amenities
- Amenities:Gated Community
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