Date
Details
Price
Change
Source
8/12/2026
Listed
$15,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$15,000,000
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Property 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.
Full Property Details
Full Property Details for 5885 SW 56th St
General
- Price: $15,000,000
- Taxes: $29,314 (2025)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A12068686
- Updated: 8/12/2026
- Added to Site: 9 day(s) ago
Interior
- Interior Features: First Floor Entry, Pantry, Chandelier To Be Replaced, Walk-In Closet(s), Attic, Den/Library/Office, Family Room, Florida Room
- Appliances: Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Carpet, Wood
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
- Primary Bathroom: Separate Tub & Shower
Bedrooms
- Total Bedrooms: 5
- Bedroom Features: Primary Bath Shower, Primary Bath Tub, Sitting Area - Primary Bedroom
Other Rooms
- Living Room: Attic, Den/Library/Office, Sq. Ft.
- Dining Room: Breakfast Area, Formal Dining
Additional Information
- Pool: Yes
- Pool Description: In Ground, 60x99
Exterior
- Exterior Features: Open Balcony, Tennis Court(s)
- Deck/Patio: Awning(s), Open Balcony
Parking
- Garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Parking Features: Circular Driveway, Rv/Boat Parking
Location
- Area: Plat Of The W1/2 Of Se1/4
- County: Miami-Dade County
- Subdivision: PLAT OF THE W1/2 OF SE1/4
- Building Name: PLAT OF THE W1/2 OF SE1/4
- Direction Faces: South
School Information
- Elementary School: Fairchild; David
- Middle School: South Miami
- High School: South Miami
Community
- Community Name: Plat Of The W1/2 Of Se1/4
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Detached, Two Story
- Structure Type: Pool Only, House
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Shingle
- Windows: Complete Panel Shutters/Awnings
- Building Size: 8708
- Square Feet: 8,252
- Living Area: 8,252 Sq. Ft.
- Year Built: 1947
Lot Features
- Property View: Garden, Pool
- Lot Size (Sq. Ft.): 214,315
- Lot Features: 4 To Less Than 5 Acre Lot
- Zoning: 2300
- Fencing (Description): Fenced
Financial Considerations
- Price Per Sq. Ft.: $1,817.74
- Tax Amount: $29,314
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- 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
- Restrictions: No Restrictions
- Property ID: 30-40-24-000-0940
Listed by RE/MAX Advance Realty II
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Listing agent
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Schools
Schools serving 5885 SW 56th St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
David Fairchild Elementary School 5757 Southwest 45th Street, Miami, FL 33155 | PK-5 | 0.7 mi |
South Miami Middle School 6750 Sw 60th St, South Miami, FL 33143 | 6-8 | 0.9 mi |
South Miami Senior High School 6856 Southwest 53rd Street, Miami, FL 33155 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5885 SW 56th St
Tax History
Tax History for 5885 SW 56th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$29,315
3%
$1,694,065
3%
2024
$28,530
3%
$1,646,322
3%
2023
$27,582
3%
$1,598,371
6%
2021
$26,779
—
$1,506,619
-3%
2022
$26,770
—
$1,551,817
4%
2021
$26,779
3%
$1,485,818
2%
2019
$25,968
5%
$1,452,413
2%
2018
$24,832
1%
$1,425,332
2%
2017
$24,664
—
$1,396,016
2%
2016
$24,621
-1%
$1,367,303
1%
2015
$24,936
-1%
$1,357,799
1%
2014
$25,263
2%
$1,347,023
1%
2013
$24,846
—
$1,327,117
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5885 SW 56th St
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- Single Family
- Active
- Updated 15 hours ago
- 4Beds
- 5Total Baths
- 3,092Sq. Ft.
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- Condo
- Active
- Updated 2 hours ago
- 2Beds
- 2Total Baths
- 978Sq. Ft.
- Condo
- Active
- Updated 2 days ago
- 1Bed
- 2Total Baths
- 1,066Sq. Ft.
Listed by Michele Redlich (305) 725-3119
- Condo
- Active
- Updated 8 hours ago
- 1Bed
- 1Total Bath
- 487Sq. Ft.
Listed by Irene Fernandez (305) 370-4590
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- Single Family
- Active
- Updated 1 day ago
- 5Beds
- 5Total Baths
- 3,400Sq. Ft.
Listed by Alejandro Diaz Bazan (305) 431-9565
- Single Family
- Active
- Updated 2 days ago
- 2Beds
- 2Total Baths
- 1,080Sq. Ft.
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- Single Family
- Closed
- 4Beds
- 7Total Baths
- 6,352Sq. Ft.
Listed and Sold by The Jills Zeder Group
- Single Family
- Closed
- 7Beds
- 10Total Baths
- 9,220Sq. Ft.
Listed by The Jills Zeder Group
5885 SW 56th St, Miami, FL 33155 (MLS# A12068686) is a Single Family property with 5 bedrooms and 5 full bathrooms. 5885 SW 56th St is currently listed for $15,000,000 and was received on August 12, 2026. Want to learn more about 5885 SW 56th St? Do you have questions about finding other Single Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.