5885 SW 56th Street, Miami, FL 33155

Listing Snapshot

About This Home

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.

General Features

Property Type

Residential

Sub-type

SingleFamilyResidence

Stories

2

Direction Faces

South

Attached Garage

No

Garage Spaces

3

Parking

Boat,CircularDriveway,Detached,Garage,RvAccessParking

Zoning

2300

Subdivision

PLAT OF THE W1/2 OF SE1/4

Interior Features

Appliances

Dryer,ElectricRange,ElectricWaterHeater,Refrigerator,Washer

Flooring

Carpet,Wood

Heating

Central

Cooling

CentralAir

Interior Features

BreakfastArea,Bathtub,DiningArea,SeparateFormalDiningRoom,Pantry,SittingAreaInPrimary,SoakingTub,SeparateShower,WalkInClosets

Furnished

Unfurnished

Exterior Features

Construction

Block

Exterior Features

Awnings,Balcony,OutdoorLivingArea,TennisCourts

Roof

Shingle

Patio / Porch

Open,Balcony

Fencing

Fenced

Pool

Yes

Pool Features

InGround

View

Garden,Pool

Waterfront

No

Community Features

Association Amenities

None

MLS Area

2400

Schools

Map

Virtual Tour