5900 NE 5th, Miami, FL 33137
Local realty services provided by:CENTURY 21 Move With Us
Listed by: donn dutton
Office: beachfront realty inc
MLS#:A11855344
Source:FL_RAMC
Price summary
- Price:$2,100,000
- Price per sq. ft.:$388.24
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
- Subdivision & Development:BAYSHORE AMD
- Listing ID #:A11855344
- Added:65 day(s) ago
- Updated:November 06, 2026 at 05:01 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Wood
- Dining Description:Separate Formal Dining Room
- Kitchen Description:Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator
- Bedroom Description:Closet Cabinetry, Walk-In Closet(s)
- 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 Tile, Mansard
- Year built:1925
- Building area:5,180 sq. ft.
- Exterior Features:Open, Patio, Porch, Screened
Utilities
- Water:Public Water, Water Available, Water Connected
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$2,100,000
- Price per sq. ft.:$388.24
- Tax amount:$25,320 (2025)
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Gas Range, Ice Maker, Microwave, Refrigerator, Some Electric Appliances, Washer, Water Heater
- Laundry features:Dryer, Washer, Washer Hookup
- Amenities:Bar, Closet Cabinetry, Entrance Foyer, French Doors/Atrium Doors, Skylights, Wet Bar
- Pool features:Concrete, In Ground, Pool Equipment
Parking
- Total parking spaces:4
- Parking description:Covered, Driveway, Garage Door Opener
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