5900 NE 5th Ave

5900 NE 5th Ave Miami 33137
3 bedrooms | 2 bathroom | 1 half bath | 5,180 sqft

$2,499,000

Property Details

MLS #
A11855344
Unit #
Address
5900 NE 5TH AVE  map  
Bedrooms
3
Bathrooms
2
Half Baths
1
Living Area (f2)
5,180
Living Area (M2)
481
Lot Size (f2)
21,252
Year Built
1925
Waterfront
Status
Active
Listing Type
Single Family
Maintenance Fee
$0
Complex
BAYSHORE AMD
Days On Market
186
Pool
Yes
Pets Allowed
N/A
Parking Spaces
4

Corey Schwartz

Broker Associate
Gravity Real Estate

 305-726-2100 

Inquire About this Property

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 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.

Property Amenities

Equipment

  • Dishwasher
  • Disposal
  • Dryer
  • Electric Water Heater
  • Ice Maker
  • Microwave
  • Gas Range
  • Refrigerator
  • Washer

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

Similar Properties

Address Unit # Price %Chng Bed/Bath
508 NE 67th St $524,900 0/0
428 NE 71 street $649,000 2/1
666 NE 62nd St $775,000 3/2
462 NE 64th St $799,000 4/1
7020 NE 5th Ave $849,000 2/2
6322 NE 5th Ave $999,000 4/2
5850 NE 3rd Ave $1,050,000 4/3
624 NE 71st St $1,125,000 2/2
677 NE 60th St $1,650,000 3.13% 3/3
670 NE 56th St $1,695,000 2/2
492 NE 55th St $1,900,000 4/3
754 NE 71st St $1,975,000 5/3
479 NE 56th St $2,050,000 3/3
670 NE 58th St $2,130,000 4/3
5900 NE 5th Ave $2,499,000 3/2

Recent Sales

Unit # Closed Date Sold Price List Price Bed Bath
01/23/2026 $1,370,000 $1,425,000 3 3
12/11/2025 $2,600,000 $2,725,000 3 3
12/11/2025 $3,550,000 $3,750,000 4 4
12/01/2025 $1,850,000 $1,899,000 5 4
11/12/2025 $736,000 $800,000 2 1
10/28/2025 $975,000 $1,120,000 3 2
10/01/2025 $1,875,000 $1,999,000 4 3
09/30/2025 $3,875,000 $3,950,000 4 4
09/26/2025 $2,055,000 $2,299,000 5 3
09/22/2025 $1,085,000 $1,095,000 3 2
09/18/2025 $1,350,000 $1,450,000 2 2
09/17/2025 $1,834,000 $1,950,000 4 4
09/08/2025 $16,000,000 $19,800,000 4 3
09/03/2025 $1,500,000 $1,800,000 2 2
08/13/2025 $2,300,000 $2,550,000 3 2

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Corey Schwartz | Broker Associate | Gravity Real Estate
Gravity Real Estate is an independent real estate brokerage servicing the South Florida real estate community
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Equal Housing Opportunity  Realtor®