5900 NE 5th Ave, Miami, FL 33137
5900 NE 5th Ave, Miami, FL 33137
5900 NE 5th Ave, Miami, FL 33137
5900 NE 5th Ave, Miami, FL 33137
5900 NE 5th Ave, Miami, FL 33137
5900 NE 5th Ave, Miami, FL 33137
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$ 2,499,000
Est. payment | /mo

3 Beds

3 Baths

5,180 SqFt


$ 2,499,000
Est. payment | /mo

3 Beds

3 Baths

5,180 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 5,180 sqft

Price per Sqft $482

Subdivision Bayshore Amd

MLS Listing ID A11855344

Style One Story

Bedrooms 3

Full Baths 2

Half Baths 1

HOA Y/N No

Year Built 1925

Annual Tax Amount $22,471

Tax Year 2024

Contingent Pending Inspections

Lot Size 0.488 Acres

Property Sub-Type Single Family Residence

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.

Location

State FL

County Miami-dade

Community Bayshore Amd

Area 32

Direction One half block west of Biscayne Boulevard on NE 59th Street

Interior

Interior Features Wet Bar, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Entrance Foyer, French Door(s)/Atrium Door(s), First Floor Entry, Fireplace, Main Level Primary, Sitting Area in Primary, Skylights, Bar, Walk-In Closet(s), Atrium, Workshop

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s)

Flooring Hardwood, Tile, Wood

Furnishings Unfurnished

Fireplace Yes

Window Features Skylight(s)

Appliance Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer

Laundry Washer Hookup, Dryer Hookup

Exterior

Exterior Feature Enclosed Porch, Porch, Patio, Storm/Security Shutters

Garage Spaces 4.0

Pool Concrete, In Ground, Pool Equipment, Pool

Community Features Sidewalks

Utilities Available Underground Utilities

View Garden, Pool

Roof Type Barrel,Flat

Porch Glass Enclosed, Open, Patio, Porch, Screened

Garage Yes

Private Pool Yes

Building

Lot Description 1/4 to 1/2 Acre Lot

Faces Southeast

Story 1

Sewer Public Sewer

Water Public

Architectural Style One Story

Additional Building Workshop

Structure Type Brick,Brick Veneer,Block,Other

Others

Pets Allowed Yes

Senior Community No

Restrictions No Restrictions

Tax ID 01-32-18-032-0140

Security Features Security System Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Pets Allowed Yes

Virtual Tour https://app.infinityy.com/view/-5d5b77f16b5942a7af09e125fe63a0ba?f=1

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Beachfront Realty Inc

NEARBY SCHOOLS & PROPERTIES

David Kurz

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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5900 NE 5th Ave