5885 SW 56th St Miami, FL 33155
Listing Courtesy of: MIAMI / Listed By: Re/Max Advance Realty Ii

  5885 SW 56th St Miami, FL 33155

Active
$15,000,000 (USD)
5
BED
5
BATH
8,708
SQFT

Description

A Rare Trophy Asset: 5-Acre Development Opportunity Near Coral Gables

Welcome 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.

MLS #:
A12068686
Taxes
$29,314(2025)
Lot Size
4.92 acres
Type
Single-Family Home
Year Built
1947
Style
Two Story, Detached
Views
Garden, Pool
County
Miami-Dade County
Community
Plat of the W1/2 of Se1/4

Listed By

Ileana Rodriguez, Re/Max Advance Realty Ii
Source
MIAMI
Last checked Aug 12 2026 at 7:25 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 5
Interior Features
  • First Floor Entry
  • Pantry
  • Dryer
  • Refrigerator
  • Washer
  • Attic
  • Walk-In Closet(s)
  • Handicap Access
  • Dining Area
  • Breakfast Area
  • Electric Range
  • Electric Water Heater
  • Separate Shower
  • Separate/Formal Dining Room
  • Bathtub
Subdivision
  • Plat Of The W1/2 Of Se1/4
Heating and Cooling
  • Central
  • Central Air
Pool Information
  • In Ground
  • Pool
Flooring
  • Carpet
  • Hardwood
  • Wood
Exterior Features
  • Roof: Shingle
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
School Information
  • Elementary School: Fairchild; David
  • Middle School: South Miami
  • High School: South Miami
Parking
  • Detached
  • Garage
  • Circular Driveway
Stories
  • 2
Living Area
  • 8,252 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Interest rate
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Mortgage calculator estimates are provided by The Corcoran Group and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2026 Miami Association of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 8/12/26 12:25