
MIAMI REALTORS® MLS5885 SW 56th Street, Miami, FL 33155
- Beds
- —
- Baths
- 0
- Sqft
- —
- Home type
- Unimproved Land
- Year built
- —
- Lot size
- 217,800 sqft
- Price / sqft
- —
- 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
- 8 hours ago
- Feed last checked
- 10 minutes ago
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
- Bathrooms
- 0
- Bathrooms (decimal)
- 0
Property
Exterior
- Fencing
- Fenced
- Other structures
- Other
- Waterfront property
- No
Lot
- Lot size
- 217,800 sqft
- Lot size (acres)
- 5 acres
- Lot dimensions
- 214315
- Zoning
- 2300
- Road surface
- Paved
Construction
Type & style
- Home type
- Unimproved Land
Materials
- Faces
- South
Utilities & green energy
Utilities
- Water
- Public
- Utilities
- Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available, Other, Irrigation Water Onsite, Trash Removal
Community & HOA
Community
- Subdivision
- PLAT OF THE W1/2 OF SE1/4
- MLS area
- 2400
Association
- Estimated monthly dues
- $0
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
- A12068717
- Possession
- Negotiable
- Original list price
- $15,000,000
- Parcel number
- 3040240000940
- Annual property tax
- $28,142
- 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
- Bathrooms Total Decimal
- 0
- Bathrooms Total Integer
- 0
- 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
- Lot Size Acres
- 5
- Lot Size Dimensions
- 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
- Unimproved Land
- Property Type
- Land & Docks
- Road Surface Type
- Paved
- Standard Status
- Pending
- State Or Province
- FL
- Status Change Timestamp
- 2026-09-29T15:10:49Z
- Subdivision Name
- PLAT OF THE W1/2 OF SE1/4
- Water Source
- Public
- Tax Annual Amount
- 28142
- Waterfront
- No
Market value
Price history
| Date | Event | Price |
|---|---|---|
| Aug 12, 2026 | ListedMIAMI REALTORS® MLS | $15,000,000 |
Public tax history
| Year | Property taxes | Assessment |
|---|---|---|
| 2025 | $28,142 | — |
Payment calculator
- Principal & interest
- $77,832
- Property taxes
- $2,345
- 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.
Nearby schools
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MIAMI REALTORS® MLS
MIAMI REALTORS® MLS
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MIAMI REALTORS® MLS
Property photos coming from MLS
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MIAMI REALTORS® MLS