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Property
Beds
5
Full Baths
5
1/2 Baths
None
Year Built
1947
Sq.Footage
8,252
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.
Features & Amenities
Interior
-
Other Interior Features
Pantry, Walk-In Closet(s)
-
Total Bedrooms
5
-
Bathrooms
5
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
No, Yes
Exterior
-
Garage
Yes
-
Garage spaces
3
-
Construction Materials
Block
-
Other Exterior Features
Awning(s), Balcony, Tennis Court(s)
-
Parking
Circular Driveway, Detached, Garage, RV Access/Parking
-
Pool
Yes
-
Pool Features
In Ground, Private
-
Waterfront YN
NO
-
View
Garden, Pool
Area & Lot
-
Lot Size(square feet)
214,315
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Detached, TwoStory
Price
-
Sales Price
$15,000,000
-
Tax Amount
$29,314
-
Zoning
2300
-
Sq. Footage
8,252
-
Price/SqFt
$1,817
HOA
-
Association
No
School District
-
Elementary School
Fairchild; David
-
Middle School
South Miami
-
High School
South Miami
Property Features
-
Accessibility Features
Accessible Entrance
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Miami-Dade
Elementary School
Fairchild; David
Middle School
South Miami
High School
South Miami
Listing Courtesy of Ileana Rodriguez , RE/MAX Advance Realty II
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Realtor
Jarrod Gaylis
Call Jarrod today to schedule a private showing.
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