5885 SW 56th Street, Miami, Florida image 1
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5885 SW 56th Street

Miami, FL 33155
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$15,000,000 $63,240/Mo
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Acres5

Acres(Lot)

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 bea utiful, 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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Detail Ic Property Details

Property Type : Land

Price : $15,000,000

AD Id : 89472618

MLS Id : A12068717

Lot Size : 5 Acres(Lot)

County : Miami-Dade

Subdivision: Liegerot

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Feature Features

  • Lot Information

    Lot Dimensions: 214315 Lot Size Acres: 5 Lot Size Square Feet: 214,315 Lot Description: CornerLot

    Property Information

    Subdivision: PLAT OF THE W1/2 OF SE1/4 Source Property Type: Land Postal Code Plus 4: 6342 Property SubType: Unimproved Land Direction Faces: South

  • Listing Price Information

    Listing Price: $15000000
    Cash

  • Tax Information

    Parcel Number: 3040240000940 Tax Year: 2025 Annual Tax: $28142 Tax Legal Desc: 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

  • School Information

    Elementary School: David Fairchild Junior High School: South Miami Senior High School: South Miami

  • Utility Information

    CableAvailable, ElectricityAvailable, Other, PhoneAvailable, SewerAvailable, TrashCollection, WaterAvailable

  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3900 SW 59th Avenue, Miami, FL, 33155 $875,000 -- -- -- 0.19 Acre(Lot)
5921 SW 27 Street, Miami, FL, 33155 $2,200,000 -- -- -- 0.25 Acre(Lot)
6430 SW 26th Street, Miami, FL, 33155 $725,000 -- -- -- 0.17 Acre(Lot)
6835 SW 25th St, Miami, FL, 33155 $425,000 -- -- -- 4,200 Sqft(Lot)

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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/18/2026 @ 11:43

MLS: A12068717 LISTED BY: Ileana Rodriguez, RE/MAX Advance Realty II 305-251-2127 SOURCE: Beaches MLS

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