5900 Ne 5th Ave, Miami, FL 33137

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

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List Price
$2,400,000
Price Change
▼ $99,000 1782521291
MLS#
A11855344
Bedrooms
3
Bathrooms
3
Sq. Ft
5,180
Lot Size
21,252
Subtype
Single Family Residence
County
Miami-Dade
Community
Bayshore Amd
Subdivision
Bayshore Amd
Year Built
1925

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

Front Exposure
Southeast
Status Label
ACTIVE
Construction
Brick Veneer, Concrete Block With Brick, Other
Cooling
Ceiling Fan(s), Central Air, Paddle Fans
Equipment
Dishwasher, Disposal, Dryer, Electric Water Heater, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
Flooring
Tile, Wood
Furnished
Unfurnished
Heating
Central, Electric
Lot Description
1/4 To Less Than 1/2 Acre Lot
Parking
Driveway, Other
Roof
Barrel Roof, Flat Roof With Facade Front
Bedroom Description
Primary Bath Shower, Primary Bath Tub, Primary Bedroom Ground Level, Sitting Area - Primary Bedroom
Security
Owned Burglar Alarm
Taxes
$22,471
View
Garden, Pool
Roofing
Barrel Roof, Flat Roof With Facade Front
Price Per Sqft
$463

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Calculator source: Real Geeks

Listing Courtesy Of Beachfront Realty Inc, Contact: