
$15,000,000
Single Family ResidenceActive5885 SW 56th St, Miami FL 33155
MLS #A12068686About This Property
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.
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Blue Mar Real Estate Group
Property Details
Property Type
Single Family Residence
Year Built
1947
Living Area
8,252 sq ft
Lot Size
214,315 sq ft
Bedrooms
5
Bathrooms
5
Garage
3 Spaces
Pool
No
Waterfront
No
Cooling
Central Air
Heating
Central
Roof Type
Shingle
Flooring
Carpet, Wood
Construction
CBS Construction
Style
Detached, Two Story
HOA Fee
None
Annual Taxes
$29,314 (2025)
Days on Market
0
MLS #
A12068686
Features & Amenities
Interior
Appliances
Exterior
Community
Other
Nearby Schools
Assigned public schools pulled from Miami-Dade County Public Schools’s official attendance-boundary data. Verify current boundaries with MDCPS before buying — zones can change year to year.
School data source: Miami-Dade County Open Data Hub
Location
City
Miami
State
FL
ZIP Code
33155
County
Miami-Dade County
Listing provided by Ileana Rodriguez at RE/MAX Advance Realty II. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #A12068686.