Price: $15,000,000 | 8,708 s.f. | 5 Beds | 5 Baths
| Listing Price: | $15,000,000 |
| Price per Square Foot: | $1,817.74/s.f. |
| Beds: | 5 |
| Baths: | 5 |
| Interior Space: | 8,252 s.f. (766.6 m²) |
| Total Size: | 8,708 s.f. (809.0 m²) |
| Lot Size: | 214,315 s.f. |
| Taxes (2025): | $29,314 |
| Reference: | A12068686 |
| See this property on BHSUSA.com | |
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.
The MLS data provided for the property above (MLS#A12068686) is provided courtesy of RE/MAX Advance Realty II. Source: Southeast Florida MLS. Data updated 8/13/2026. Information is deemed reliable but not guaranteed. Copyright © 2026. The listing data on this page comes in part from the Internet Data Exchange (IDX), a collaboration between the following REALTOR(R) associations in the South Florida Multiple Listing Service (MLS): Miami Realtor Association, Realtor Association of Greater Ft. Lauderdale and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is believed to be accurate, but is not warranted. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
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