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Current MLS Property Details

5885 SW 56th Street, Miami, FL 33155

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

About This Property

A Rare Trophy Asset: 5-Acre Development Opportunity Near Coral GablesWelcome 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.

Property Details

Property Type Single Family Residence
Subdivision PLAT OF THE W1/2 OF SE1/4
Development PLAT OF THE W1/2 OF SE1/4
County Miami-Dade
Waterfront No
Private Pool Yes
Original List Price $15,000,000
MLS ID A12068686
Updated Aug 12, 2026
Quick Payment Estimate

What might this home cost each month?

Starting rate: 6.66% 30 year fixed national average · updated Aug. 27, 2026
$
%
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$ /mo
Estimated principal & interest $0/mo
P&I + HOA / condo $0/mo
Taxes, insurance, flood coverage and PMI are not included here. Rate is editable and is not a lender quote.
Listing Office: RE/MAX Advance Realty II • 305-251-2127
Listing Agent: Ileana Rodriguez • 305-992-5626
MLS ID: A12068686
Property information is displayed from the site's BeachesMLS IDX data feed. Information is subject to change and should be independently verified.
Property Location

Where is this property?

5885 SW 56th Street, Miami, FL 33155 · Miami, FL, 33155
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