5885 SW 56th St, Miami, FL 33155

About This Home

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.

Building & Association

Building Name

PLAT OF THE W1/2 OF SE1/4

Association

No

Lot & Construction

Lot Features

Corner Location, Near School, Dirt, 4 To Less Than 5 Acre Lot, Above Ground Irrigation, Fenced, Sprinklers

Lot Size Square Feet

214,315

Waterfront

No

View

No

New Construction

No

Public Records

Parcel Number

30-40-24-000-0940

Tax Annual Amount

$28,142

Tax Year

2,025

Zoning

2300

County Or Parish

Miami-Dade County

Location