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$1,649,000
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Property Description
Location! Location! Location! Prime South Miami location offering exceptional potential. Spacious single-story home tucked away on a quiet street just minutes from the University of Miami, Coral Gables, US-1, & major thoroughfares, this residence delivers central convenience with a true neighborhood feel. The home features +/- 3,026 sq. ft. with 5 bed & 5 full bathrooms, including a private 1-bedroom, 1-bath in-law suite with separate entrance, ideal for guests, multigenerational living, or a home office. Set on an 8,683 sq ft fenced lot with circular driveway & generous parking, the property also offers room for a future pool & outdoor living. While not in mint condition, the home is solid, functional, & presents a rare opportunity to personalize & add value in a highly desirable South Miami location. Priced accordingly, reflecting size, location, & upside relative to surrounding markets. Agent is related to sellers!!
Full Property Details
Full Property Details for 5961 SW 56th Terrace
General
- Price: $1,649,000
- Taxes: $4,220 (2024)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A11961479
- Updated: 5/3/2026
- Added to Site: 103 day(s) ago
Interior
- Interior Features: First Floor Entry, Family Room, Florida Room, Separate Guest/In-Law Quarters, Utility Room/Laundry
- Appliances: Dishwasher, Disposal, Electric Range
- Flooring: Marble, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
- Primary Bathroom: Combination Tub & Shower
Bedrooms
- Total Bedrooms: 5
- Bedroom Features: Primary Bedroom Ground Level
Other Rooms
- Living Room: Family Room, Florida Room, Sq. Ft.
- Laundry: Utility Room/Laundry
Exterior
- Exterior Features: Fruit Trees, Room for Pool
- Deck/Patio: Patio
Parking
- Parking Features: Circular Driveway
Location
- Area: Gables Edge
- County: Miami-Dade County
- Subdivision: GABLES EDGE
- Building Name: GABLES EDGE
- Direction Faces: South
School Information
- Middle School: South Miami
- High School: South Miami
Community
- Community Name: Gables Edge
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Attached, One Story
- Structure Type: R30-No Pool/No Water, House
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Barrel Roof
- Windows: High Impact Windows
- Doors: High Impact Doors
- Building Size: 3074
- Square Feet: 3,026
- Living Area: 3,026 Sq. Ft.
- Year Built: 1980
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Property View: None
- Lot Size (Sq. Ft.): 8,683
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 800
- Fencing (Description): Fenced
Financial Considerations
- Price Per Sq. Ft.: $544.94
- Tax Amount: $4,220
- Tax Year: 2024
- Terms: All Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: GABLES EDGE PB 94-54 LOT 5 BLK 1 OR 16669-2861 0492 4
- Restrictions: No Restrictions
- Property ID: 09-40-25-061-0050
Listed by Keller Williams Capital Realty
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Schools
Schools serving 5961 SW 56th Terrace
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
South Miami K-8 Center 6800 Southwest 60th Street, South Miami, FL 33143 | PK-5 | 0.9 mi |
South Miami Middle School 6750 Sw 60th St, South Miami, FL 33143 | 6-8 | 0.8 mi |
South Miami Senior High School 6856 Southwest 53rd Street, Miami, FL 33155 | 9-12 | 0.9 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 5961 SW 56th Terrace
Date
Details
Price
Change
Source
3/30/2026
Price Reduced
$1,649,000
-2.94%
MLS
2/23/2026
Price Reduced
$1,699,000
-2.91%
MLS
2/08/2026
Listed
$1,750,000
—
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 5961 SW 56th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,352
3%
$268,260
3%
2024
$4,220
3%
$260,700
3%
2023
$4,100
3%
$253,107
3%
2022
$3,964
-1%
$245,735
3%
2021
$3,996
—
$238,578
1%
2021
$3,996
4%
$235,285
2%
2019
$3,847
5%
$229,996
2%
2018
$3,673
3%
$225,708
2%
2017
$3,576
1%
$221,066
2%
2016
$3,557
-1%
$216,520
1%
2015
$3,594
-1%
$215,015
1%
2014
$3,643
2%
$213,309
1%
2013
$3,570
—
$210,157
—
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 5961 SW 56th Terrace
5961 SW 56th Ter, South Miami, FL 33143 (MLS# A11961479) is a Single Family property with 5 bedrooms and 5 full bathrooms. 5961 SW 56th Ter is currently listed for $1,649,000 and was received on February 08, 2026. Want to learn more about 5961 SW 56th Ter? Do you have questions about finding other Single Family real estate for sale in South Miami? You can browse all South Miami real estate or contact a Coldwell Banker agent to request more information.

