Price Reduced 16.67%
Price History
$2,999,000
8/8/2025
$2,995,000
10/8/2025
$2,895,000
11/30/2025
$2,499,000
12/15/2025
5900 NE 5th Ave, Miami, FL, 33137
3 beds
2 Full / 1 Half baths
1925
One Story
5,180 sqft
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 BayShore. 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 over 75 years. Presently zoned as single family residential, the property is surrounded by single & multi-family and commercially zoned lots. City has signaled willingness to relax use restrictions. Just off Biscayne, this area is undergoing dynamic changes. Nearby listing of property one half this size presently listed for nearly $7M. Property could become a stand out stunning estate home in the center of it all, or be the site of high end multi-unit residential development. The potential here is unrivaled... Seller is motivated. Contact Agent. See property. Make an offer.
Status:
Active
Type:
Single-family residential
Furnished Remarks:
Unfurnished
Laundry Remarks:
Washer Hookup,Dryer Hookup
Zoning:
0104
Subdivision:
BAYSHORE AMD
Garage:
4-car Driveway, Other, Garage Door Opener
Heating:
Central, Electric
Cooling:
Central Air, Ceiling Fan(s)
Est. Taxes:
$22,471
Construction
Brick,Brick Veneer,Block,Other
Utilities
Underground Utilities
Lot Description:
1/4 to 1/2 Acre Lot
View Description:
Garden,Pool
Days on Market:
129
Pet Allowed:
Yes
Appliances:
Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
Pool:
Concrete, In Ground, Pool Equipment, Pool
MLS #:
A11855344
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of Beachfront Realty Inc 305-405-0615