How do I schedule a tour of 5885 SW 56th Street, Miami, FL 33155?

Use the Tour button on this listing to request a showing of 5885 SW 56th Street, Miami, FL 33155. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity Realty agent will confirm your visit, often the same day.

Is 5885 SW 56th Street, Miami, FL 33155 still available?

5885 SW 56th Street, Miami, FL 33155 is currently listed as Active. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.

How much is the monthly payment for 5885 SW 56th Street, Miami, FL 33155?

With 20% down ($3,000,000) on the $15,000,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5885 SW 56th Street, Miami, FL 33155 is about $78,831/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.

How do I get pre-approved to buy 5885 SW 56th Street, Miami, FL 33155?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5885 SW 56th Street, Miami, FL 33155. Contact Pure Equity Realty and we'll connect you with a trusted local lender to review your financing options, no obligation.

What schools serve 5885 SW 56th Street, Miami, FL 33155?

5885 SW 56th Street, Miami, FL 33155 is zoned for David Fairchild (elementary), South Miami (middle), South Miami (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.

Can I negotiate the price of 5885 SW 56th Street, Miami, FL 33155?

Often, yes. The right offer on 5885 SW 56th Street, Miami, FL 33155 depends on how it's priced against comparable single family sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity Realty will run the comps and help you craft a competitive, well-supported offer.

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$15,000,000

5885 SW 56th Street

Miami, FL 33155

PLAT OF THE W1/2 OF SE1/4

Explore the area: Miami homes for sale · Miami Dade County real estate

Bedrooms

Bathrooms

8,252

Living Sq Ft

1947

Year Built

Estimated monthly payment

$78,831 /mo

Principal and interest only, based on $3,000,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price: $15,000,000
Days on Site: 0 Days
Bedrooms: 5
Total Baths: 5
Full Baths: 5
Partial Baths: 0
Living Area: 8,252 sqft
Total Sq Ft: 8,708 sqft
Lot Size: 4.92 Acres
Year Built: 1947
Property Type: Single Family
MLS #: A12068686
Property Tax: $29,314 (2025)
Subdivision: PLAT OF THE W1/2 OF SE1/4
County: Miami Dade
Status: Active
Special Conditions: Listed As Is

About This Property

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.

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General Features

Property Type: Single Family
Status: Active
Year Built: 1947
Property Condition: Resale
Number of Stories: 2
Levels: Two
Garage Spaces: 3
Parking: Boat / Circular Driveway / Detached / Garage / Rv Access Parking
Direction Faces: South
Lot Size (Acres): 4.92
Living Sq Ft: 8,252
Total Sq Ft: 8,708
Sewer: Public Sewer
Water Source: Public
Zoning: 2300

Interior Features

Appliances: Dryer / Electric Range / Electric Water Heater / Refrigerator / Washer
Cooling: Central Air
Heating: Central
Flooring: Carpet / Wood
Interior Features: Breakfast Area / Bathtub / Dining Area / Separate Formal Dining Room / Pantry / Sitting Area In Primary / Soaking Tub / Separate Shower / Walk In Closets
Total Rooms: 4
Furnished: Unfurnished

Exterior Features

Construction: Block
Roof: Shingle
Exterior Features: Awnings / Balcony / Outdoor Living Area / Tennis Courts
Private Pool: Yes
Pool Features: In Ground
Patio & Porch: Open / Balcony
View: Garden / Pool

Community & HOA

Association Amenities: None
Pets Allowed: Yes
Financing Terms: Cash
Restrictions: No Restrictions
MLS Area: 2400

Schools

Elementary School: David Fairchild
Middle School: South Miami
High School: South Miami

About the Area

Miami

View Miami Real Estate →

Browse Miami homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Miami includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Miami listings below. Then connect with a Pure Equity Realty agent to schedule a private showing.

Homes for Sale: 10,718
Under Contract: 1,717
Median List Price: $639,800
Median Sale Price (August): $572,000
Median $/Sq Ft: $499
Avg Days on Market: 130

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Frequently Asked Questions

How do I schedule a tour of 5885 SW 56th Street, Miami, FL 33155?: Use the Tour button on this listing to request a showing of 5885 SW 56th Street, Miami, FL 33155. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity Realty agent will confirm your visit, often the same day.
Is 5885 SW 56th Street, Miami, FL 33155 still available?: 5885 SW 56th Street, Miami, FL 33155 is currently listed as Active. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 5885 SW 56th Street, Miami, FL 33155?: With 20% down ($3,000,000) on the $15,000,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5885 SW 56th Street, Miami, FL 33155 is about $78,831/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 5885 SW 56th Street, Miami, FL 33155?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5885 SW 56th Street, Miami, FL 33155. Contact Pure Equity Realty and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 5885 SW 56th Street, Miami, FL 33155?: 5885 SW 56th Street, Miami, FL 33155 is zoned for David Fairchild (elementary), South Miami (middle), South Miami (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 5885 SW 56th Street, Miami, FL 33155?: Often, yes. The right offer on 5885 SW 56th Street, Miami, FL 33155 depends on how it's priced against comparable single family sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity Realty will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of RE/MAX Advance Realty II

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity Realty. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 30, 2026.

$15,000,000