5900 NE 5th Avenue, Miami, FL 33137
- $2,400,000
- 3
- BD
- 3
- BA
- 5,180
- SqFt
- List Price
- $2,400,000
- Days on Market
- 287
- MLS#
- A11855344
- Bedrooms
- 3
- Full Bathrooms
- 2
- Half Bathrooms
- 1
- Sq. Ft
- 5,180
- Subtype
- Single Family Residence
- County
- Miami-Dade
- Subdivision
- Bayshore Amd
- Year Built
- 1925
Property 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.
Additional Information
- Garage Spaces
- 4
- Pets Allowed
- Yes
- Construction
- Brick Veneer, Block, Other
- Cooling
- Central Air, Ceiling Fan(s)
- Flooring
- Tile, Wood
- Furnished
- Unfurnished
- Heating
- Central, Electric
- Restrict
- NoRestrictions
- Roof
- Barrel, Flat
- Security
- Security System
- Taxes
- $22,471
- Utilities
- Underground Utilities
- View
- Garden, Pool
- Private Pool
- Yes
- Amenities
- Sidewalks, Workshop Area
- Stories
- 1
- Acres
- 0.49
- Price Per Sqft
- $463
- Elementary School
- Morningside K-8 Academy (Miami-Dade)
- Middle School
- Horace Mann
- High School
- Miami Edison
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Listing courtesy of Beachfront Realty Inc. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Donn S Dutton | Email: donn@dsdlaw.net