Miami Luxe BuyerLuxury Buyer’s Advocate

5-Bedroom Residence in Miami

5885 SW 56th St, Miami FL 33155, Miami, FL 33155

$15,000,000

Listing photo 1

Key Facts

Beds
5
Baths
5
Sq Ft
8,252
Lot
214,315 sq ft
Year Built
1947

About This Home

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.

Features & Amenities

  • 3-car garage
  • Built 1947
  • First Floor Entry
  • Pantry
  • Chandelier To Be Replaced
  • Walk-In Closet(s)
  • Attic
  • Den/Library/Office
  • Family Room
  • Florida Room

Location

5885 SW 56th St, Miami FL 33155, Miami, FL

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MLS # A12068686 · Listing courtesy of RE/MAX Advance Realty II

Data last updated August 12, 2026

Listing information is provided in part by the IDX program of the MIAMI Association of REALTORS®. Information 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.