5900 NE 5th Ave, Miami, FL 33137

$2,499,000 Asking Price

4 beds
3 baths
5,180  sqft
Built in 1925

ENORMOUS OPPORTUNITY FOR THE RIGHT BUYER!! First time this assemblage of Bayshore lots is on the market in 65 yrs. Three lots, totaling ½ an acre, on the corner of 59th St. & 5th Ave in rapidly changing Bay Shore. On site is a 100-year-old home spanning 5409 sf. New kitchen & appliances & bathrooms. A grand home w/ richly appointed generous rooms. Owned by a prominent Miami family for over 65 years. Presently zoned as single family residential, the property is surrounded by single & multi-family and commercially zoned lots. County has signaled willingness to revert to a medium density use. Just off Biscayne, this area is undergoing dynamic changes. 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.

Features & Amenities

Interior

General:
First Floor Entry, Closet Cabinetry, French Doors, Other, Skylight, Walk-In Closet(s), Wet Bar, Den/Library/Office, Recreation Room, Workshop
Appliances:
Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
Flooring:
Tile, Wood
A/C:
true, Ceiling Fan(s), Central Air
Heating:
true, Central, Electric
Fireplace:
Fireplace

Exterior

Style:
Attached, One Story
Pool:
In Ground, Concrete, Equipment Stays
Parking:
Driveway, Other

Construction

Roofing:
Barrel Roof, Flat Roof With Facade Front
Windows:
Skylight
General:
Brick Veneer, Concrete Block With Brick, Other

Location

Originating MLS:
Miami Association of REALTORS®
County:
Miami-Dade County

Lot

Zoning:
0104, BAYSHORE AMD PB 15-2 LOTS 18 19 & 20 BLK 2 LOT SIZE 21252 SQUARE FEET OR 20408-3803 05 2002 5, 01-32-18-032-0140
View:
Garden, Pool

Utilities

Utilities:
Circuit Breakers, Fuse Box
Water:
Municipal Water
Sewer:
Public Sewer

Financial

Source:
Miami Association of REALTORS®

This listing courtesy of:
Beachfront Realty Inc, Donn Dutton

About Miami, FL

Housing

Number of Units
711,975
Median Home Value
$380,974
Median Rent
$1,338

49.94% of housing units are renter occupied.

8.26% are vacant.

Commute

Car
71.69%
Public Transportation
3.80%
Walk to Work
1.60%
Work from Home
21.37%
Other
1.11%

The median travel time to work is 29 minutes.

People

Population
1,830,481
Median Age
41.50
Median Household Size
2.91

Education

High School
24.77%
Associate’s Degree
8.99%
Bachelor’s Degree
21.60%
Graduate Degree
13.31%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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