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5885 SW 56th St - A Rare Trophy Asset: 5-Acre Development 5 Acres of Commercial Land Offered at $15,000,000 in Miami, FL 33155
Investment Highlights
- Unmatched Investment & Development Flexibility
- location is simply the Best Miami has to offer
- capitalize on the acreage's highest and best use by subdividing it into multiple premier lots,
Executive Summary
5-Acre Residential Development Site – High Density Upside
Unlock the potential of this expansive 5-acre canvas in Miami-Dade. Under current estate zoning, the property allows for a private enclave of five sprawling 1-acre luxury home sites. However, developers can maximize their return on investment by taking the property through the county's rezoning process, which presents a potential yield of 10 to 13 residential lots. Whether building a boutique luxury community or maximizing density, this site offers unparalleled flexibility.
Note to Buyers: All density projections and rezoning possibilities are strictly estimates and are subject to final county approval. Buyers must conduct independent due diligence and verify all zoning, platting, and development possibilities directly with Miami-Dade County authorities.
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Property Facts
1 Lot Available
Lot
| Price | $15,000,000 | Lot Size | 5.00 AC |
| Price Per AC | $3,000,000.00 |
| Price | $15,000,000 |
| Price Per AC | $3,000,000.00 |
| Lot Size | 5.00 AC |
A Rare Trophy Asset: 5-Acre Development Opportunity Near Coral Gables zoning is EU-1
Description
Property Highlights The Historic Main House: A charming, original 1947 two-story home waiting for the right touch to bring back its timeless elegance. Resort-Style Entertainment Oasis: A massive, sparkling swimming pool perfectly complemented by a sprawling bar area, creating the ultimate space for hosting family and friends. Income or Guest Quarters: A separate, fully equipped two-story apartment featuring 2 bedrooms and 1 bathroom, perfect for multi-generational living or rental income. Versatile Outbuildings: The estate is packed with usable structures, including a detached 3-car garage, a dedicated workshop, a game room, and a private fitness room. Agricultural Beauty: The lush grounds feature mature, producing groves of avocado, mango, and a rich variety of other tropical fruit trees. Natural Canopy: The property is scattered with breathtaking, mature "granddaddy" oak trees that provide unmatched shade, privacy, and character. The Opportunity For the Developer/Investor: The highest and best use for this expansive acreage lies in its phenomenal subdivision potential. Developers can take advantage of the sprawling five acres to carve out multiple premier lots in a highly desirable, lush setting surrounded by nature. For the Visionary Homeowner: If you have a passion for history, architecture, and wide-open spaces, breathing life back into this classic 1947 beauty would create an unmatched, private legacy estate unlike anything else on the market. Bring your architect, builder, or designer and explore the endless possibilities. Schedule your private tour today!
Property Taxes
| Parcel Number | 30-4024-000-0940 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,694,065 |
Property Taxes
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5885 SW 56th St - A Rare Trophy Asset: 5-Acre Development