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Ad #8000395

MLS #A11855344

HUGE PRICE DROP! ENORMOUS OPPORTUNITY FOR THE RIGHT BUYER!!

5900 NE 5th Ave, Miami, FL 33137

$2,400,000

3Beds

3Baths

5,180Sqft

0.49Acres

About this property

HUGE PRICE DROP! ENORMOUS OPPORTUNITY FOR THE RIGHT BUYER!! Motivated seller of this assemblage of Bayshore lots; price just reduced. Three lots, totaling 1/2 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 Features

3 Beds

3 Baths

5,180 Sqft

Built in 1925

0.49 Acres

1 Story

Driveway, Open

Siding: Brick, Brick Veneer, Block

Barrel, Flat Roof

Has Fireplace

Central, Electric (Heating)

$22,471 / yr property tax

Miami-Dade County

BAYSHORE AMD Community

Additional Photos

Contact Information

Donn Dutton

Beachfront Realty, Inc

305-495-9411

Location

Listing Agent: Donn Dutton (License #: 3038225) 305-495-9411
Broker: Beachfront Realty, Inc 305-534-4242 Listing Site
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

BeachHouse.com

Printed Aug 12, 2026

Photo Gallery

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$2,400,000

Beds

Baths

5,180

Sqft

5900 NE 5th Ave, Miami, FL 33137

By contacting this agent you agree to these Terms and Conditions.

Home Florida Miami

MLS# A11855344

Home For Sale

HUGE PRICE DROP! ENORMOUS OPPORTUNITY FOR THE RIGHT BUYER!!

$2,400,000

5900 NE 5th Ave, Miami, FL 33137

Beds

Baths

5,180

Sqft

0.49

Acres

$2,400,000

5900 NE 5th Ave, Miami, FL 33137

3 Beds

3 Baths

5,180 Sqft

0.49 Acres

43 days

on BeachHouse.com

views

saves

Property Details

HOME DETAILS

3 Beds

3 Baths

5,180 Sqft

Built in 1925

0.49 Acres

1 Story

EXTERIOR

Driveway, Open

Siding: Brick, Brick Veneer, Block

Barrel, Flat Roof

INTERIOR

Has Fireplace

Central, Electric (Heating)

FINANCIAL & COMMUNITY

$22,471 / yr property tax

Miami-Dade County

BAYSHORE AMD Community

See More Details

Location

Open in Google Maps

Mortgage Calculator

Ad Statistics

Ad Number

8000395

Viewed

48 times

Listing Status

Active

Added

Jun 30, 2026

Last Refreshed

Jul 03, 2026 06:17:28 PM

Listing Information

Data Source

Miami REALTORS®

Source Property ID

A11855344

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About this property

Property Features

Additional Photos

Contact Information

Location

HUGE PRICE DROP! ENORMOUS OPPORTUNITY FOR THE RIGHT BUYER!!

Property Details

HOME DETAILS

EXTERIOR

INTERIOR

FINANCIAL & COMMUNITY

Location

Mortgage Calculator

Listing Information

Request Information

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