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About This Property
HUGE PRICE DROP! ENORMOUS OPPORTUNITY FOR THE RIGHT BUYER!! Motivated seller of this assemblage of Bayshore lots; price just reduced. Three lots, totaling ½ an acre, on the corner of 59th St. & 5th Ave in rapidly changing Palm Grove. On site is a 100-year-old home spanning 5409 sf. New kitchen & appliances & bathroom. A grand home w/ richly appointed generous rooms. Owned by a prominent Miami family for 80 years. Presently zoned as single family residential, the property is surrounded by single & multi-family and commercially-zoned properties. This home is in the Palm Grove Historic District, and given its age is likely to be deemed "contributing" to the historic ambience of the community. So Seller is looking for that buyer who is willing and able to bring this home back to its former grandeur. Plenty of room to add on to the original core home, whilst preserving the original structure. This is probably the largest single family lot in all of Palm Grove, and is surrounded by an imposing wall. Inside are quiet courtyards under towering trees. Just off Biscayne, this area is undergoing dynamic changes. A nearby property one half this size recently sold for over $6M. Property could become a stand out stunning estate home in the center of it all -- for the right buyer. The potential here is unrivaled... Seller is very motivated. Contact Agent. See property. Make an offer.
Property Features
County
Miami-Dade County
Section
18
Area
5409
Subdivision
BAYSHORE AMD
Interior
First Floor Entry, Bar, Closet Cabinetry, Entrance Foyer, French Doors, Other, Skylight, Walk-In Closet(s), Wet Bar, Atrium, Den/Library/Office, Florida Room, Recreation Room, Workshop
Cooling
Ceiling Fan(s), Central Air, Paddle Fans
Bedrooms
3
Floors
Tile, Wood
Full Baths
2
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
Heating
Central, Electric
Style
Attached, One Story
Garage Spaces
4
Construction/Exterior
Brick Veneer, Concrete Block With Brick, Other
Patio / Deck Description
Open Porch, Patio, Screened Porch, Glass Enclosed
Exterior
Has a Pool
1
Possession
Funding
Lot Size in Acres
Water
Municipal Water
Sewer
Public Sewer
Lot Size in Sq. Ft.
21252
Has Waterfront
No
Parking Description
Driveway, Other
View
Garden, Pool
Has Garage
Yes
Roof/Attic
Barrel Roof, Flat Roof With Facade Front
Senior Community
No
Other Utilities
Property Type
Residential
Pets
Property SubType 2
Single Family Residence
Tax Year
2024
Year Built
1925
Tax Amount
$22471
APN
NA
Square Feet Source
NA
Map
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