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 BayShore. 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 over 75 years. Presently zoned as single family residential, the property is surrounded by single & multi-family and commercially zoned lots. City has signaled willingness to relax use restrictions. Just off Biscayne, this area is undergoing dynamic changes. Nearby listing of property one half this size presently listed for nearly $7M. 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. The potential here is unrivaled... Seller is motivated. Contact Agent. See property. Make an offer.
Listed By
Agency Name: Beachfront Realty Inc
Agency Phone: 305-405-0615
Shown By
Agent Name: Rosanna Leite
Agent Phone: (386) 295-5636
Agency Title: Adams Cameron & Co. REALTORS
Estimated Payment
$ 15,902.19 per month $13,300.73 Principal & Interest $1,872.58 Property Tax $728.88 Homeowner's Insurance
5900 NE 5th Ave | MLS# A11855344
This single family home located at 5900 NE 5th Ave, Miami, FL 33137 is currently listed for sale with an asking price of $2,499,000. This property was built in 1925 and has 3 bedrooms and 2 full and 1 partial baths with 5180 sq. ft. NE 5th Ave is located in the BAYSHORE AMD subdivision. Search BAYSHORE AMD real estate on roseleite.adamscameron.com today.