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About This Property
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.
Property Features
County
Miami-Dade County
Section
24
Area
8708
Subdivision
PLAT OF THE W1/2 OF SE1/4
Interior
First Floor Entry, Pantry, Chandelier To Be Replaced, Walk-In Closet(s), Attic, Den/Library/Office, Family Room, Florida Room
Cooling
Central Air
Bedrooms
5
Floors
Carpet, Wood
Full Baths
5
Appliances
Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
Heating
Central
Style
Detached, Two Story
Garage Spaces
3
Construction/Exterior
CBS Construction
Patio / Deck Description
Awning(s), Open Balcony
Exterior
Open Balcony, Tennis Court(s)
Has a Pool
1
Possession
Funding
Lot Size in Acres
Water
Municipal Water
Sewer
Public Sewer
Lot Size in Sq. Ft.
214315
Has Waterfront
No
Parking Description
Circular Driveway, Rv/Boat Parking
View
Garden, Pool
Has Garage
Yes
Roof/Attic
Shingle
Senior Community
No
Other Utilities
Property Type
Residential
Pets
Property SubType 2
Single Family Residence
Tax Year
2025
Year Built
1947
Tax Amount
$29314
APN
NA
Square Feet Source
NA
Map
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