Pending

5900 NE 5th Ave

Miami, FL 33137

$2,499,000 $10,535/Mo

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Overview

Bed

Bath

5,180

Sqft

21,252

Sqft(Lot)

Description

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 g randeur. 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.

Property Details

Property Type : Residential

Price : $2,499,000

AD Id : 66393042

MLS Id : A11855344

Beds : 3

Lot Size : 21,252 Sqft

Living Area Size : 5,180

Year Built : 1925

Garage : 4

County : Miami-Dade

Subdivision: Bayshore

Map

Features

Bedroom Information

Total beds: 3

Bathroom Information

Total Baths: 3 Full Baths: 2 Half Baths: 1

Roofing Information

Barrel, Flat

Flooring Information

Hardwood, Tile, Wood
Interior Features

WetBar, ClosetCabinetry, DiningArea, SeparateFormalDiningRoom, EntranceFoyer, FrenchDoorsAtriumDoors, FirstFloorEntry, Fireplace, MainLevelPrimary, SittingAreaInPrimary, Skylights, Bar, WalkInClosets, Atrium, Workshop

Roof: Barrel, Flat

Appliances: Dryer, Dishwasher, ElectricWaterHeater, Disposal, GasRange, IceMaker, Microwave, Refrigerator, Washer

Laundry Features: WasherHookup, DryerHookup

Window Features: Skylights
Heating & Cooling

Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir, CeilingFans

Building Information

Year Built: 1925

Building Area Total: 5409

Construction Materials: Brick, BrickVeneer, Block, Other

Stories: 1

Patio And Porch Features: GlassEnclosed, Open, Patio, Porch, Screened

Pool Features: Concrete, InGround, PoolEquipment, Pool

Private Pool: No

View: Garden, Pool
Exterior Features

Exterior Features: EnclosedPorch, Porch, Patio, StormSecurityShutters

Lot Information

Main Square Feet: 21252 Lot Size Square Feet: 21,252 Lot Description: QuarterToHalfAcreLot

Property Information

Subdivision: BAYSHORE AMD Source Property Type: Residential Postal Code Plus 4: 2210 Zoning Description: 0104 Property SubType: Single Family Residence Direction Faces: Southeast Property Age: 101

Listing Price Information

Listing Price: $2499000

Original Price: $2999000

Cash, Conventional

Tax Information

Parcel Number: 01-32-18-032-0140 Tax Year: 2024 Annual Tax: $22471 Tax Legal Desc: BAYSHORE AMD PB 15-2 LOTS 18 19 & 20 BLK 2 LOT SIZE 21252 SQUARE FEET OR 20408-3803 05 2002 5

Virtual Tour

Virtual Tour (External Link)

Parking Information

Driveway, Other, GarageDoorOpener

Garage Information

Has Garage: Yes Garage Space: 4 Pets Allowed: Yes

Utility Information

UndergroundUtilities
Location Information

Direction: One half block west of Biscayne Boulevard on NE 59th Street WaterSource: Public Security Features: SecuritySystemOwned

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
700 NE 25th St #2002, Miami, FL, 33137	$749,000	2	2	1,234	1,234 SqFt
5934 NE 4th Ct, Miami, FL, 33137	$2,873,620	4	4	3,719	3,719 SqFt
361 NE 57th St, Miami, FL, 33137	$880,000	2	1	1,032	1,032 SqFt
221 NE 48th Ter, Miami, FL, 33137	$935,000	2	1	1,146	1,146 SqFt
130 NE 49th Street, Miami, FL, 33137	$1,099,000	3	2	1,336	1,336 SqFt
30 NE 50th St, Miami, FL, 33137	$2,699,000	5	5	2,870	2,870 SqFt
650 NE 32nd St #4306, Miami, FL, 33137	$895,000	2	2	1,067	1,067 SqFt
420 NE 55th Ter, Miami, FL, 33137	$2,499,000	4	4	2,706	2,706 SqFt
601 NE 36th St #710, Miami, FL, 33137	$550,000	2	3	1,174	1,174 SqFt
3301 NE 1st Ave #H0805, Miami, FL, 33137	$529,000	1	1	761	761 SqFt

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ByOwner last updated this listing 06/13/2026 @ 23:49

MLS: A11855344 LISTED BY: Donn Dutton, Beachfront Realty Inc 305-405-0615 SOURCE: SEFMIAMI