5885 SW 56th Street Miami, FL 33155
5 Bedroom, 8,252 Sqft, Single Family Residence
AGENT'S REMARKS ABOUT 5885 SW 56TH STREET
A Rare Trophy Asset: 5-Acre Development Opportunity Near Coral GablesWelcome to 5885 Miller Rda 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 lands 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 dryno flood insurance required.This is more than a piece of land; it is a legacy investment.
PROPERTY DETAILS
- Property Type: Single Family Residence
- Approx Living Area: 8,252 SqFt
- Total Bedrooms: 5
- Bathrooms: 5 Full
- Year Built: 1947
- Lot Size: 214,315 SqFt
- Garage Spaces: 3
- Stories: 2
- Parking Type: Circular Driveway, RV Access/Parking, Garage, Detached Garage, Detached, Boat Access/Parking
- Interior: Pantry, Walk-In Closet(s)
- Other Appliances: Electric Water Heater, Dryer, Electric Range, Refrigerator, Washer
- Flooring: Carpet, Wood
- Pool Description: In Ground
- Roof: Shingle
- Total Floors in Building: 2
- House Faces/Primary View: South
- Construction: CBS
- Exterior Description: Awning(s), Tennis Court(s), Balcony
- Cooling System: Central Air
- Heating: Central
- Furnished: Unfur
- Pets Allowed: Yes
- County: Miami-Dade
- Area: 2400
- Subdivision: PLAT OF THE W1/2 OF SE1/4
- Community Features: None
- Age Restricted: No
- Annual Property Taxes: $29,314
- Elementary School: David Fairchild
- Junior High School: South Miami
- High School: South Miami
MAP LOCATION FOR 5885 SW 56TH STREET MIAMI, FL 33155
Do you have questions about 5885 SW 56th Street Miami, FL 33155? Contact us for more information and to schedule a tour. Brett Colby Group is a local top real estate service in Palm Beach County, FL.
Listing courtesy of RE/MAX Advance Realty II 08.12.2026
