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$2,499,000 Sale Pending
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Property Description
HUGE PRICE DROP! ENORMOUS OPPORTUNITY FOR THE RIGHT BUYER!! Motivated seller of this assemblage of Bayshore lots; price just reduced. Three lots, totaling ½ an acre, on the corner of 59th St. & 5th Ave in rapidly changing Palm Grove. On site is a 100-year-old home spanning 5409 sf. New kitchen & appliances & bathroom. A grand home w/ richly appointed generous rooms. Owned by a prominent Miami family for 80 years. Presently zoned as single family residential, the property is surrounded by single & multi-family and commercially-zoned properties. This home is in the Palm Grove Historic District, and given its age is likely to be deemed "contributing" to the historic ambience of the community. So Seller is looking for that buyer who is willing and able to bring this home back to its former grandeur. Plenty of room to add on to the original core home, whilst preserving the original structure. This is probably the largest single family lot in all of Palm Grove, and is surrounded by an imposing wall. Inside are quiet courtyards under towering trees. Just off Biscayne, this area is undergoing dynamic changes. A nearby property one half this size recently sold for over $6M. Property could become a stand out stunning estate home in the center of it all -- for the right buyer. The potential here is unrivaled... Seller is very motivated. Contact Agent. See property. Make an offer.
Full Property Details
Full Property Details for 5900 NE 5th Ave
General
- Price: $2,499,000
- Taxes: $22,471 (2024)
- Status: Pending
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A11855344
- Updated: 5/22/2026
- Added to Site: 311 day(s) ago
Interior
- Interior Features: First Floor Entry, Bar, Closet Cabinetry, Entrance Foyer, French Doors, Other, Skylight, Walk-In Closet(s), Wet Bar, Atrium, Den/Library/Office, Florida Room, Recreation Room, Workshop
- Fireplace: Yes
- Fireplace(s): Fireplace
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Gas Range, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Bedroom Features: Primary Bath Shower, Primary Bath Tub, Primary Bedroom Ground Level, Sitting Area - Primary Bedroom
Other Rooms
- Living Room: Atrium, Den/Library/Office Sq. Ft.
- Dining Room: Formal Dining
- Laundry: Washer/Dryer Hook-Up
Additional Information
- Pool: Yes
- Pool Description: In Ground, Concrete, Equipment Stays, 45x25
- Security/Safety: Owned Burglar Alarm
- Equipment: Automatic Garage Door Opener
Exterior
- Deck/Patio: Open Porch, Patio, Screened Porch, Glass Enclosed
Parking
- Garage: Yes
- Garage Spaces: 4
- Covered Spaces: 4
- Parking Features: Driveway, Other
Location
- Area: Bayshore Amd
- County: Miami-Dade County
- Subdivision: BAYSHORE AMD
- Building Name: BAYSHORE AMD
- Driving Directions: One half block west of Biscayne Boulevard on NE 59th Street
- Direction Faces: Southeast
Community
- Community Name: Bayshore Amd
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Air, Paddle Fans
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Attached, One Story
- Structure Type: Pool Only, House
- Detached/Attached: Detached
- Construction: Brick Veneer, Concrete Block With Brick, Other
- Roof: Barrel Roof, Flat Roof With Facade Front
- Windows: Partial Accordian Shutters, Skylight
- Doors: French Doors
- Entry Location: Foyer
- Building Size: 5409
- Square Feet: 5,180
- Living Area: 5,180 Sq. Ft.
- Year Built: 1925
Lot Features
- Property View: Garden, Pool
- Lot Size (Sq. Ft.): 21,252
- Lot Features: 1/4 To Less Than 1/2 Acre Lot
- Zoning: 104
Financial Considerations
- Price Per Sq. Ft.: $482.43
- Tax Amount: $22,471
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: BAYSHORE AMD PB 15-2 LOTS 18 19 & 20 BLK 2 LOT SIZE 21252 SQUARE FEET OR 20408-3803 05 2002 5
- Restrictions: No Restrictions
- Property ID: 01-32-18-032-0140
Listed by Beachfront Realty Inc
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Schools
Schools serving 5900 NE 5th Ave
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Morningside K-8 Academy 6620 Northeast 5th Avenue, Miami, FL 33138 | PK-5 | 0.5 mi |
Horace Mann Middle School 8950 Nw 2nd Ave, El Portal, FL 33150 | 6-8 | 2.1 mi |
Miami Edison Senior High School 6161 Northwest 5th Court, Miami, FL 33127 | 9-12 | 1.2 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 5900 NE 5th Ave
Date
Details
Price
Change
Source
12/15/2025
Price Reduced
$2,499,000
-13.68%
MLS
11/30/2025
Price Reduced
$2,895,000
-3.34%
MLS
10/08/2025
Price Reduced
$2,995,000
-0.13%
MLS
8/08/2025
Listed
$2,999,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5900 NE 5th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$25,320
15%
$2,188,095
19%
2024
$22,036
-6%
$1,836,264
-13%
2023
$23,407
41%
$2,102,654
71%
2021
$16,600
-6%
$1,231,037
-10%
2022
$17,636
6%
$1,370,201
34%
2021
$16,600
28%
$1,020,325
151%
2019
$12,926
3%
$407,250
10%
2018
$12,489
16%
$370,228
-54%
2017
$10,757
8%
$800,845
162%
2016
$9,940
7%
$305,974
10%
2015
$9,295
37%
$278,159
10%
2014
$6,777
21%
$252,872
10%
2013
$5,587
—
$229,884
—
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 5900 NE 5th Ave
5900 NE 5th Ave, Miami, FL 33137 (MLS# A11855344) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 5900 NE 5th Ave is currently listed for $2,499,000 and was received on August 08, 2025. Want to learn more about 5900 NE 5th Ave? 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.

