Description
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.
