5900 NE 5th Ave, Miami, Florida 33137 USA

$2,499,000  Single Family MLS® A11646990

About this Property

ENORMOUS OPPORTUNITY FOR THE RIGHT BUYER!! First time this assemblage of Bayshore lots is on the market in 65 yrs. Three lots, totaling ½ an acre, on the corner of 59th St. & 5th Ave in rapidly changing Bay Shore. 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. County has signaled willingness to revert to a medium density use. Just off Biscayne, this area is undergoing dynamic changes. 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.

Property Location

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Disclaimer

MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of Beachfront Realty Inc.