5900 Ne 5th Ave, Miami, FL 33137

$2,400,000
3
BD
3
BA
5,180
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$2,400,000
Price Change
▼ $99,000 1782521291
MLS#
A11855344
Subdivision
Bayshore Amd
Status
ACTIVE
Type
Single Family Residential
Bedrooms
3
Full baths
2
Half baths
1
Living Area
5,180

Property Description

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.

Additional Information

Days on Market
364
View
Garden, Pool
Tax Amount
$22,471
Pool
Yes
Parcel Number
01-32-18-032-0140
Pool Description
In Ground, Concrete, Equipment Stays
#Garage Spaces
4
Bedroom Description
Primary Bath Shower, Primary Bath Tub, Primary Bedroom Ground Level, Sitting Area - Primary Bedroom
Front Exposure
Southeast
Lot Size
21,252
Parking Restrictions
Driveway, Other
Address
5900 Ne 5th Ave, Miami
SqFt Liv Area
5,180
Year Built
1925
Design
Attached, One Story
Development Name
Bayshore Amd
Style
Pool Only, House
Restrictions
No Restrictions
Construction Type
Brick Veneer, Concrete Block With Brick, 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
Section
18

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy of Beachfront Realty Inc, Contact: