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$2,400,000

For Sale

A year ago

5900 Ne 5Th Ave, Miami, FL

House

MLS® A11855344

3 Bed

3 Bath

5180 sqft

4 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 5180 sqft
Garage Yes
Taxes $22,471
Days Active 374
Lot Size 0.49 Acres
Approx. Age 1925
Avg. Price Per Sqft $463
MLS® Number A11855344

Property Address: 5900 Ne 5th Ave, Miami, FL, 33137-2210

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberA11855344
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1925
Basement
DrivewayDriveway, Garage, Garage Door Opener
Garage Spaces
HeatCentral, Electric
A/CCentral Air, Ceiling Fans

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 8, 2025List Date
$2,400,000List Price

Home Appraisal

This property is estimated to sell between: $1,646,000 and $2,777,000.
Similar properties in this area sold on average for: $1,646,562
Expected to sell very soon! Similar properties sold in 107 days. This home has been on eXp Realty for 374 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
5900 Ne 5Th Ave, Miami, FL

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