Basics
- Category: Residential
- Type: SingleFamilyResidence
- Status: Active
- Bedrooms: 5
- Bathrooms: 5
- Half baths: 0
- Total rooms: 0
- Floors: 2
- Area: 8252 sq ft
- Lot size: 214315, 214315 sq ft
- Year built: 1947
- View: Garden,Pool
- Subdivision Name: PLAT OF THE W1/2 OF SE1/4
- County: Miami-Dade
- MLS ID: A12068686
Description
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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 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.
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Building Details
Amenities & Features
- Pool Features: InGround,Pool
- Parking Features: CircularDriveway,Detached,Garage,RvAccessParking
- Patio & Porch Features: Balcony,Open
- Roof: Shingle
- Cooling: CentralAir
- Exterior Features: Awnings,Balcony,Fence,TennisCourts,StormSecurityShutters
- Furnished: Unfurnished
- Heating: Central
- Interior Features: BreakfastArea,Bathtub,DiningArea,SeparateFormalDiningRoom,FirstFloorEntry,HandicapAccess,Pantry,SittingAreaInPrimary,SeparateShower,WalkInClosets,Attic
- Appliances: Dryer,ElectricRange,ElectricWaterHeater,Refrigerator,Washer
Nearby Schools
- Middle Or Junior School: South Miami
- Elementary School: Fairchild; David
- High School: South Miami
Expenses, Fees & Taxes
- Tax Annual Amount: $29,314
- Tax Year: 2025
Miscellaneous
- List Office Name: RE/MAX Advance Realty II
- Listing Terms: Cash
- Direction Faces: South