Rafael Zenke

Rafael Zenke Real Estate Strategist

$15,000,000.00
5885 SW 56th St, Miami FL 33155
5 beds
5.0 baths
8,252 sqft
$15,000,000.00
5885 SW 56th St, Miami FL 33155
Rafael Zenke
$15,000,000.00
5 beds
5.0 baths
8,252 sqft
5885 SW 56th St, Miami FL 33155
For Sale
Photo 1
  • Built in 1947
  • 3 garage spaces
  • $1,817.74/sqft
  • Lot size: 214,315 sqft
  • 94 days on market

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.

  • Directions:
  • County: Miami-Dade County
  • Geo subdivision: PLAT OF THE W1/2 OF SE1/4

Nearby Schools

Fairchild; David

South Miami

South Miami

Features

Financial

Let's get in touch!

Rafael Zenke

Rafael Zenke

Real Estate Strategist

See also

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$15,930,000.00
6 bds
7.5 ba
10,689 sqft
3210 Coacoochee St, Miami FL 33133
For Sale
750 Lugo Ave, Coral Gables FL 33156
$14,850,000.00
5 bds
5.0 ba
4,928 sqft
750 Lugo Ave, Coral Gables FL 33156
For Sale
9340 Balada St, Coral Gables FL 33156
$16,500,000.00
5 bds
7.0 ba
9340 Balada St, Coral Gables FL 33156
Miami Realtors MLS
  • Source: Miami Realtors MLS
  • MLS #: A12068686
Listing updated: November 4, 2026 at 12:34PM
Listing provided by: Ileana Rodriguez, RE/MAX Advance Realty II
Last checked 10 days ago
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