5900 NE 5th Ave, Miami FL 33137

House For Sale

$2,400,000

BTC: 40.54054054

ETH: 1,504.99470116

-$599K (2026/06/26)

326 days

For Sale

House

3 bds •

2 ba •

5,180 sqft

Overview

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.

Location

Florida • Miami • 33137 • House • For Sale

Details

Type:

Residential

Parking:

Driveway / Other

Year Built:

1925

Lot:

21252 Square Feet

Heating:

Central / Electric

Price/sqft:

$463

Cooling:

Ceiling Fan(s) / Central Air / Paddle Fans

HOA:

No Data

Type:

Residential

Parking:

Driveway / Other

Year Built:

1925

Lot:

21252 Square Feet

Heating:

Central / Electric

Price/sqft:

$463

Cooling:

Ceiling Fan(s) / Central Air / Paddle Fans

HOA:

No Data

Private inquiry

Talk to the advisor on this listing.

Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

Valuation

Recent sales nearby

30 public-records sales within 0.5 mi

Median actual sale: $1.2M

Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax

$22,471

2024

Pool

In Ground

View

Garden, Pool

Garage

4 car garage

All facts and features

Flooring

• Tile

• Wood

Heating

• Central

• Electric

Cooling

• Ceiling Fan(s)

• Central Air

• Paddle Fans

Appliances

• Dishwasher

• Disposal

• Dryer

• Electric Water Heater

• Gas Range

• Ice Maker

• Microwave

• Refrigerator

• Washer

Other 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

Bedrooms and bathrooms

• Bedrooms: 3

• Bathrooms: 1

• Full bathrooms: 2
Parking

• Driveway

• Other

Lot

• Lot: 21252 Square Feet

Other Property Information

• Parcel Number: 01-32-18-032-0140

• Zoning: 0104
Type and style

• Property Type: Residential

• Property Sub Type: Single Family Residence
Other financial information

• Annual tax amount: $22,471
Source details

• MLS ID: A11855344

Other facts

• Construction Materials: Brick Veneer / Concrete Block With Brick / Other

• Fireplace Features: Fireplace

• Laundry Features: Washer/Dryer Hook-Up

• Lot Features: 1/4 To Less Than 1/2 Acre Lot

• Patio And Porch Features: Open Porch / Patio / Screened Porch / Glass Enclosed

• Pool Features: In Ground / Concrete / Equipment Stays

• Window Features: Partial Accordian Shutters / Skylight

• Direction Faces: Southeast

• Architectural Style: Attached / One Story

• Fireplace: Yes

• Garage Spaces: 4

• Garage: Yes

• Living Area: 5180

• Water Source: Municipal Water

• Subdivision Name: BAYSHORE AMD

Private inquiry

Talk to the advisor on this listing.

Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Beachfront Realty Inc

5900 NE 5th Ave, Miami FL 33137

Overview

Location

Details

Valuation

Highlights

Interior details

Property details

Construction details

HOA and Financial Details

Other

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