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Listings courtesy of RE/MAX Advance Realty II.

Active - House for sale

5885 SW 56th St, Miami FL 33155

5 bds|5 bth|8,252 sqft

Facts & features

House Property type
22 days on Beycome
1947 Year built
$1,818 Price/Sqft.
3 car garage Parking

Why you’ll love it

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.

Translating description...

Listed by: Ileana Rodriguez • 305-992-5626 • RE/MAX Advance Realty II

Co-listed by: RE/MAX Advance Realty II

Source: Miami MLS, MLS#: A12068686 Miami MLS logo

Based on information as of Sep 02, 2026 at 06:39am EDT.

Come see by yourself

Affordability

$9,750,000$20,250,000
1%20%
0%90%
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Estimated monthly payment

$78,291/mo

  • Mortgage$75,848
  • Property tax$2,443
  • HOA fee
  • Homeowners insurance
Due at closing$11,925,000
Down payment held in escrow$3,000,000
Closing costs$225,000
beycome credit Est.$300,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

Discover the neighborhood

Travel times

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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Sep 02, 2026 at 06:39am EDT.

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