5900 NE 5th Ave, Miami, FL 33137

About This Home

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.

Property Details

Bathrooms Full

3

Interior Features

First Floor Entry, Bar, Closet Cabinetry, Entrance Foyer, French Doors, Other, Skylight, Walk-In Closet(s), Wet Bar, Atrium, Den/Library/Office, Florida Room, Recreation Room, Workshop

Appliances

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

Flooring

Tile, Wood

Heating

Central, Electric

Cooling

Ceiling Fan(s), Central Air, Paddle Fans

Furnished

Unfurnished

Architectural Style

Attached, One Story

Garage Spaces

4

Parking Features

Covered, Driveway, Other

Pool Features

In Ground, Concrete, Equipment Stays

Building & Association

Building Name

BAYSHORE AMD

Association

Yes

Security Features

Owned Burglar Alarm

Lot & Construction

Lot Features

1/4 To Less Than 1/2 Acre Lot

Lot Size Square Feet

21,252

Waterfront

No

View

Garden, Pool

Construction Materials

Brick Veneer, Concrete Block With Brick, Other

Roof

Barrel Roof, Flat Roof With Facade Front

New Construction

No

Public Records

Parcel Number

01-32-18-032-0140

Tax Annual Amount

$25,320

Tax Year

2,025

Zoning

0104

County Or Parish

Miami-Dade County

Location