There are multiple listings for this address:
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.
Listing Provided Courtesy of RE/MAX Advance Realty II at 305-251-2127
Property Details
Price:
$15,000,000
MLS #:
A12068686
Status:
Pending
Beds:
5
Baths:
5
Type:
Single Family
Subtype:
Unimproved Land
Subdivision:
PLAT OF THE W1/2 OF SE1/4
Neighborhood:
2400
Listed Date:
Sep 29, 2026
Finished Sq Ft:
8,252
Lot Size:
9,335,561,400 sqft / 4.92 acres (approx)
See this Listing
Schools
Elementary School:
David Fairchild
Middle School:
South Miami
High School:
South Miami
Interior
Exterior
Direction Faces
South
Fencing
Fenced
Other Structures
Other
Financial
Tax Year
2025
Taxes
$28,142
Map
Community
- Address5885 SW 56th Street Miami FL
- SubdivisionPLAT OF THE W1/2 OF SE1/4
- CityMiami
- CountyMiami-Dade
- Zip Code33155
Market Summary
Current real estate data for Single Family in Miami as of Oct 29, 2026
2,924
Single Family Listed
46
Avg DOM
563
Avg $ / SqFt
$1,439,964
Avg List Price
Property Summary
- Located in the PLAT OF THE W1/2 OF SE1/4 subdivision, 5885 SW 56th Street Miami FL is a Single Family for sale in Miami, FL, 33155. It is listed for $15,000,000 and features 5 beds, 5 baths, and has approximately 8,252 square feet of living space.The current price per square foot is $1,818. The average price per square foot for Single Family listings in Miami is $563. The average listing price for Single Family in Miami is $1,439,964.
Similar Listings Nearby

5885 SW 56th Street
Miami, FL
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.
Listing Provided Courtesy of RE/MAX Advance Realty II at 305-251-2127
Property Details
Price:
$15,000,000
MLS #:
A12068717
Status:
Pending
Beds:
0
Baths:
0
Type:
Land
Subtype:
Unimproved Land
Subdivision:
PLAT OF THE W1/2 OF SE1/4
Neighborhood:
2400
Listed Date:
Sep 29, 2026
Lot Size:
214,315 sqft / 5.00 acres (approx)
See this Listing
Schools
Elementary School:
David Fairchild
Middle School:
South Miami
High School:
South Miami
Interior
Exterior
Direction Faces
South
Fencing
Fenced
Other Structures
Other
Financial
Tax Year
2025
Taxes
$28,142
Map
Community
- Address5885 SW 56th Street Miami FL
- SubdivisionPLAT OF THE W1/2 OF SE1/4
- CityMiami
- CountyMiami-Dade
- Zip Code33155
Market Summary
Property Summary
- Located in the PLAT OF THE W1/2 OF SE1/4 subdivision, 5885 SW 56th Street Miami FL is a Land for sale in Miami, FL, 33155. It is listed for $15,000,000 and features 5 acres.
