5900 NE 5th Ave Miami FL 33137
Overview of 5900 Ne 5th Ave
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Enormous opportunity for the right buyer!! First time this assemblage of bayshore lots is on the market in over 65 yrs. 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. County has signaled willingness to relax use restrictions. 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.
This luxury single family home was built in 1925 and features 4 bedrooms, and 3 full bathrooms. This home for sale is 5,409 square feet, with 5,180 sq ft being air conditioned living space. The home has a 4 car garage and does not have a private swimming pool.
ENORMOUS OPPORTUNITY! 3 lots, 1/2 acre off Biscayne, possible zoning change to multi-unit residence or home business/studio. Substantial home on site.
Directions to this property are as follows: One Half Block West Of Biscayne Boulevard On Ne 59th Street.
Please contact your ZFC agent for more information about MLS# AX-11855344 or any other homes for sale in Miami or elsewhere in the Miami-Dade County area.
5900 Ne 5th Ave Price Calculator
The payment calculator figures for 5900 Ne 5th Ave should be used as an estimate only. Loan terms including interest rate, and required downpayment will vary with each lender and/or individual. RE taxes for this home for sale are estimated based on the actual property taxes for this property for the tax year 2024 which are $22,471 but will likely change when this home sells. These estimations are calculated from a list price of $2,999,000 and a 25% down payment and do not include homeowners insurance which will vary greatly depending on the home characteristics and location.
Recent Home Sales near 5900 Ne 5th Ave
MLS# AX-11855344 Listing History
Map of 5900 Ne 5th Ave Miami FL 33137
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