
MIAMI REALTORS® MLS5885 SW 56th Street, Miami, FL 33155
- Beds
- 5
- Baths
- 5
- Sqft
- 8,252
- Home type
- Single Family Residence
- Year built
- 1947
- Lot size
- 214,315 sqft
- Price / sqft
- $1,818
- HOA
- $0/mo
- Community
- PLAT OF THE W1/2 OF SE1/4
Property description
A Rare Trophy Asset: 5-Acre Development Opportunity Near Coral GablesWelcome 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.
Listing activity
- Days on market
- 48
- Listed
- Aug 12, 2026
- MLS listing updated
- 9 hours ago
- Feed last checked
- Just now
Listed by Ileana Rodriguez · RE/MAX Advance Realty II
Map
Map location is based on MLS-supplied coordinates. Verify the location before relying on it.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms
- 5
- Bathrooms
- 5
- Bathrooms (decimal)
- 5
- Full bathrooms
- 5
- Half bathrooms
- 0
Rooms & features
- Rooms
- 4
- Interior features
- Pantry, Walk-In Closet(s)
- Flooring
- Carpet, Wood
- Appliances
- Electric Water Heater, Dryer, Electric Range, Refrigerator, Washer
- Furnished
- Unfurnished
Heating & cooling
- Heating
- Central
- Cooling
- Central Air
Property
Parking
- Garage spaces
- 3
- Garage
- Yes
- Covered spaces
- 3
- Parking features
- Boat Access/Parking, Circular Driveway, Detached, Detached Garage, Garage, RV Access/Parking
- Attached garage
- No
Exterior
- Stories
- 2
- Building area
- 8,708 sqft
- Entry level
- 1
- Exterior features
- Balcony, Awning(s), Tennis Court(s)
- Fencing
- Fenced
- Pool
- Yes
- Pool features
- In Ground
- View
- Garden, Pool
- Waterfront property
- No
Lot
- Lot size
- 214,315 sqft
- Lot size (acres)
- 4.92 acres
- Zoning
- 2300
Construction
Type & style
- Home type
- Single Family Residence
- Year built
- 1947
- New construction
- No
Materials
- Construction
- CBS
- Roof
- Shingle
- Property condition
- Resale
- Levels
- Two
- Faces
- South
Utilities & green energy
Utilities
- Electric
- Circuit Breakers
- Sewer
- Public Sewer
- Water
- Public
Community & HOA
Community
- Subdivision
- PLAT OF THE W1/2 OF SE1/4
- MLS area
- 2400
- Pets allowed
- Yes
- 55+ community
- No
Association
- Has association
- No
- Estimated monthly dues
- $0
- Amenities
- None
Lease details
Not reported by the listing source.
Location
Area details
- City
- Miami
- County
- Miami-Dade
- ZIP code
- 33155
Manufactured home details
Not reported by the listing source.
Financial & listing details
Listing
- MLS number
- A12068686
- Possession
- Negotiable
- Original list price
- $15,000,000
- Parcel number
- 3040240000940
- Annual property tax
- $29,314
- Tax year
- 2025
- Tax legal description
- 24 54 40 4.92 AC W1/2 OF SW1/4 OF SE1/4 OF SE1/4 LESS S50FT FOR R/W LOT SIZE IRREGULAR
Additional MLS details
Reported by the listing source
- Association Amenities
- None
- Association
- No
- Bathrooms Total Decimal
- 5
- Bathrooms Total Integer
- 5
- Building Area Total
- 8708
- Construction Materials
- CBS
- County Or Parish
- Miami-Dade
- Days On Market
- 48
- Direction Faces
- South
- Elementary School
- David Fairchild
- High School
- South Miami
- List Price
- 15000000
- Listing Contract Date
- 2026-08-12
- Living Area
- 8252
- Lot Size Acres
- 4.92
- Lot Size Area
- 214315
- MLSArea Major
- 2400
- Middle Or Junior School
- South Miami
- Mls Status
- Pending
- On Market Date
- 2026-08-12
- Photos Count
- 32
- Postal Code
- 33155
- Property Sub Type
- Single Family Residence
- Property Type
- Residential
- Rooms Total
- 4
- Senior Community
- No
- Standard Status
- Pending
- State Or Province
- FL
- Status Change Timestamp
- 2026-09-29T15:09:41Z
- Stories Total
- 2
- Subdivision Name
- PLAT OF THE W1/2 OF SE1/4
- Water Source
- Public
- Tax Annual Amount
- 29314
- Bathrooms Full
- 5
- Pool Private
- Yes
- Bedrooms Total
- 5
- Waterfront
- No
- Bathrooms Half
- 0
Market value
Price history
| Date | Event | Price |
|---|---|---|
| Aug 12, 2026 | ListedMIAMI REALTORS® MLS | $15,000,000$1,818/sqft |
Public tax history
| Year | Property taxes | Assessment |
|---|---|---|
| 2025 | $29,314 | — |
Payment calculator
- Principal & interest
- $77,832
- Property taxes
- $2,443
- Insurance
- $7,500
- Association dues
- $0
Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.
Neighborhood
Area
PLAT OF THE W1/2 OF SE1/4Miami · Miami-Dade County · 33155
Climate risk
—No licensed climate-risk source is connected.
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