5900 NE 5th Ave, Miami FL 33137

MLS #A11855344

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Active Add
$2,895,000
4
Bedrooms
3.0
Bathrooms
5,180 sq ft
Living Area
21,252 sq ft
Lot Size

Property Details

Type Residential
Style Single Family Residence
Bedrooms 4
Bathrooms 3
Half Baths 0
Living Area 5,180 sq ft
Pets Allowed No
Taxes $22,471
Maintenance Fee $0
Price $2,895,000
Status Active
Lot Size 21,252 sq ft
Year Built 1925
Waterfront No
Pool Yes
Subdivision BAYSHORE AMD
Days on Market 119
Unit Number

Additional Information

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 & bathrooms. A grand home w/ richly appointed generous rooms. Owned by a prominent Miami family for over 65 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...

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Michael Light

Michael Light

Broker Associate
The Light Group Douglas Elliman

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