5885 SW 56th St, Miami, FL 33155
$15,000,000 · 5 beds, 5 baths, 8,252 square feet · Pending
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.
Listing courtesy of RE/MAX Advance Realty II, the listing brokerage, 305-251-2127. MLS number A12068686.
Show full MLS disclaimer
Miami MLS. Listings courtesy of MIAMI REALTORS® MLS (SEFMLS). The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® (Southeast Florida Multiple Listing Service, SEFMLS). Real estate listings held by brokerage firms other than Winslow Homes LLC are marked with the name of the listing brokerage. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS, and all information should be independently verified. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) as of October 20, 2026 at 3:00 AM Eastern.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc.
Properties displayed may be listed or sold by various participants in the MLS.