5885 SW 56th Street, Miami, FL 33155

New Listing

$15,000,000

Virtual Tour

https://sites.sfvt.us/sites/rmolqpnp/unbranded

Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 8,708 Status: Active

Current Price: $15,000,000 List Date: 8/12/2026 Last Modified: 8/12/2026

Overview

Description

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.Developme ... (Read more)

Listing Details MLS# A12068686

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 5
Bathrooms Total: 5
Bathrooms Full: 5
Building Area Main: 8708
Living Area Main: 8252
Adjusted Area Main: 4744
Accessibility Features YN: Yes
Year Built: 1947
Garage YN: Yes
Garage Spaces: 3
Covered Spaces: 3
Lot Size Area: 214315
Lot Size Acres: 4.92
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: 2
Direction Faces: South
Pool Private YN: Yes
Furnished: Unfurnished

Property Features

Dining Area: Breakfast Area; Formal Dining Electric: Circuit Breakers Exterior Features: Awning(s); Tennis Court(s) Flooring: Carpet; Wood Parking Features: Boat Access/Parking; Circular Driveway; RV Access/Parking; Detached; Detached Garage; Garage Property Condition: Resale Appliances: Dryer; Electric Range; Refrigerator; Washer Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Central Air Fencing: Fenced Heating: Central Interior Features: Pantry; Walk-In Closet(s) Levels: Two Listing Terms: Cash Pets Allowed YN: Yes Pool Features: In Ground Possession: Negotiable Restrictions: No Restrictions Roof: Shingle Sewer: Public Sewer Special Information: Chandelier To Be Replaced; Sold As-Is View: Garden; Pool Water Source: Public Showing Requirements: Showing Service Outdoor Living Spaces: Balcony Balcony Details: Balcony - Open Room Types: Attic; Den; Family Room; Florida Room Acreage Description: 4 To Less Than 5 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 15000000
Occupant Type: Vacant

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 5885
Street Direction Prefix: SW
Street Name: 56th
Street Suffix: Street
City Name: Miami
Municipal Code: 30
State Or Province: FL
Postal Code: 33155
Postal Code +4: 6342
Postal Zip: 33155
Subdivision Name: PLAT OF THE W1/2 OF SE1/4
Area: 2400
Elementary School: David Fairchild
Middle Or Junior School: South Miami
High School: South Miami
Special Assessment YN: No
Parcel Number: 3040240000940
Zoning: 2300
Flood Zone: X
Subdivision Number: 0

Financial Information

Membership Fee Required YN: No
Tax Annual Amount: 29314
Tax Year: 2025
Tax Legal Description: 24 54 40 4.92 AC W1/2 OF SW1/4 OF SE1/4 OF SE1/4 LESS S50FT FOR R/W LOT SIZE IRREGULAR
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-08-12T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-08-12

More Information

Entry Information

Entry Level: Yes

Pool Size Details

Pool Size (WxL): 60x99

Storm Protection

Panel Shutters: Complete

Price Calculations

Current Price To SqFt: 1817.74

Section Details

Parcel Number MLX: 0940

Originating Details

Originating System Key: 546272034
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Amenities

None: Yes

Dining Area

Breakfast Area: Yes
Formal Dining: Yes

Electric

Circuit Breakers: Yes

Exterior Features

Awning(s): Yes
Tennis Court(s): Yes

Flooring

Carpet: Yes
Wood: Yes

Parking Features

Boat Access/Parking: Yes
Circular Driveway: Yes
RV Access/Parking: Yes
Detached: Yes
Detached Garage: Yes
Garage: Yes

Property Condition

Resale: Yes

Fencing

Fenced: Yes

Possession

Negotiable: Yes

Sewer

Public Sewer: Yes

Special Information

Chandelier To Be Replaced: Yes
Sold As-Is: Yes

View

Garden: Yes
Pool: Yes

Heating

Central: Yes

Appliances

Dryer: Yes
Electric Range: Yes
Refrigerator: Yes
Washer: Yes

Construction Materials

CBS: Yes

Interior Features

Pantry: Yes
Walk-In Closet(s): Yes

Levels

Two: Yes

Listing Terms

Cash: Yes

Pool Features

In Ground: Yes

Roof

Shingle: Yes

Water Source

Public: Yes

Water Heater Details

Electric Water Heater: Yes

Cooling

Central Air: Yes

Showing Requirements

Showing Service: Yes

Master Bedroom/Bath

Master Bdrm - Sitting: Yes
Separate Shower: Yes
Separate Tub: Yes

Pets Allowed YN

Yes: Yes

Restrictions

No Restrictions: Yes

Outdoor Living Spaces

Balcony: Yes

Balcony Details

Balcony - Open: Yes

Room Types

Attic: Yes
Den: Yes
Family Room: Yes
Florida Room: Yes

Acreage Description

4 To Less Than 5 Acre Lot: Yes

Room Information

Room Name
Attic
Den
Family Room
Florida Room

Listing Office: RE/MAX Advance Realty II

Last Updated: August - 12 - 2026

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5885 SW 56th Street, Miami, FL 33155 (MLS# A12068686)