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

Land

Sub-type

UnimprovedLand

Direction Faces

South

Zoning

2300

Utilities

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

Subdivision

PLAT OF THE W1/2 OF SE1/4

Interior Features

Exterior Features

Lot Features

CornerLot

Fencing

Fenced

Waterfront

No

Community Features

Community Features

NearSchools

MLS Area

2400

Schools

Map

Virtual Tour