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.
For sale
Price cut: $99K (6/26)
$2,400,000
5900 NE 5th Ave, Miami, FL 33137
3beds
5,180sqft
Single Family Residence
Built in 1925
0.49 Acres Lot
$-- Zestimate®
$463/sqft
$-- HOA
What's special
- 337 days |
- 229 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Donn Dutton 305-495-9411,
Beachfront Realty Inc
Source: MIAMI,MLS#: A11855344
Originating MLS: A-Miami Association of REALTORS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Den/Library/Office, Florida Room, Recreation Room
Heating
- Central, Electric
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
- Laundry: Washer/Dryer Hook-Up
Features
- Bar, Closet Cabinetry, Entrance Foyer, Other, Walk-In Closet(s), Wet Bar, Atrium
- Flooring: Tile, Wood
- Doors: French Doors
- Windows: Partial Accordian Shutters, Skylight(s)
- Has fireplace: Yes
Interior area
- Total structure area: 5,409
- Total interior livable area: 5,180 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Driveway, Other, Garage Door Opener
- Garage spaces: 4
- Has uncovered spaces: Yes
Features
- Stories: 1
- Entry location: First Floor Entry,Foyer
- Patio & porch: Open Porch, Patio, Screened Porch, Glass Enclosed
- Has private pool: Yes
- Pool features: In Ground, Concrete, Equipment Stays, Pool Only
- Has view: Yes
- View description: Garden, Pool
Lot
- Size: 0.49 Acres
- Features: 1/4 To Less Than 1/2 Acre Lot
Details
- Additional structures: Workshop
- Parcel number: 0132180320140
- Zoning: 0104
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick Veneer, Block, Other
- Roof: Barrel Roof,Flat Roof With Facade Front
Condition
- Year built: 1925
Utilities & green energy
- Electric: Circuit Breakers, Fuses
- Sewer: Public Sewer
- Water: Municipal Water
- Utilities for property: Underground Utilities
Community & HOA
Community
- Features: Sidewalks, Workshop
- Security: Owned Burglar Alarm
- Subdivision: Bayshore Amd
HOA
- Has HOA: Yes
Location
- Region: Miami
Financial & listing details
- Price per square foot: $463/sqft
- Tax assessed value: $2,188,095
- Annual tax amount: $22,471
- Date on market: 8/8/2025
- Listing terms: All Cash,Conventional
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$7,867/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Price change | $2,400,000-4%$463/sqft |
Source: | ||
| 5/22/2026 | Pending sale | $2,499,000$482/sqft |
Source: | ||
| 12/15/2025 | Price change | $2,499,000-13.7%$482/sqft |
Source: | ||
| 11/30/2025 | Price change | $2,895,000-3.3%$559/sqft |
Source: | ||
| 10/8/2025 | Price change | $2,995,000-0.1%$578/sqft |
Source: | ||
| 8/8/2025 | Listed for sale | $2,999,000+20%$579/sqft |
Source: | ||
| 2/22/2025 | Listing removed | $2,499,000$482/sqft |
Source: | ||
| 8/23/2024 | Listed for sale | $2,499,000-5.7%$482/sqft |
Source: | ||
| 8/23/2024 | Listing removed | -- |
Source: | ||
| 3/25/2024 | Listing removed | $2,650,000$512/sqft |
Source: | ||
| 2/28/2024 | Price change | $2,650,000+6%$512/sqft |
Source: | ||
| 2/21/2024 | Listed for sale | $2,499,000-15.3%$482/sqft |
Source: | ||
| 2/15/2024 | Listing removed | -- |
Source: | ||
| 2/9/2024 | Listed for sale | $2,950,000$569/sqft |
Source: | ||
| 1/14/2024 | Listing removed | -- |
Source: | ||
| 12/15/2022 | Price change | $2,950,000-9.2%$569/sqft |
Source: | ||
| 10/20/2022 | Price change | $3,250,000-5.8%$627/sqft |
Source: | ||
| 9/27/2022 | Price change | $3,450,000-5.5%$666/sqft |
Source: | ||
| 8/21/2022 | Listed for sale | $3,650,000$705/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $25,320 +14.9% | $780,718 +10% |
| 2024 | $22,036 -5.9% | $709,744 +10% |
| 2023 | $23,407 +32.7% | $645,222 +10% |
| 2022 | $17,636 +6.2% | $586,566 +10% |
| 2021 | $16,600 +18.6% | $533,242 +19% |
| 2020 | $14,001 +8.3% | $447,975 +10% |
| 2019 | $12,926 +3.5% | $407,250 +10% |
| 2018 | $12,489 | $370,228 +10% |
| 2017 | $12,489 +16.1% | $336,571 +10% |
| 2016 | $10,757 +15.7% | $305,974 +10% |
| 2015 | $9,295 +37.2% | $278,159 +10% |
| 2014 | $6,777 +10.6% | $252,872 +10% |
| 2013 | $6,127 | $229,884 -9.6% |
| 2012 | $6,127 +34% | $254,347 +12.3% |
| 2011 | $4,572 +13.9% | $226,474 +1.5% |
| 2010 | $4,013 -9% | $223,128 +2.7% |
| 2009 | $4,411 -0.7% | $217,262 +17% |
| 2007 | $4,440 -7.9% | $185,724 |
| 2006 | $4,819 | -- |
| 2005 | $4,819 +0.1% | -- |
| 2004 | $4,815 +2.5% | -- |
| 2003 | $4,696 +47.6% | -- |
| 2002 | $3,181 | -- |
| 2001 | $3,181 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Upper Eastside
Nearby schools
GreatSchools rating
- 9/10Morningside K-8 AcademyGrades: PK-8Distance: 0.5 mi
- 3/10Miami Edison Senior High SchoolGrades: 9-12Distance: 1.2 mi
- 5/10Horace Mann Middle SchoolGrades: 6-8Distance: 2.1 mi
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Contact agent
- Florida
- Miami-Dade County
- Miami
- 33137
- Upper Eastside
- 5900 NE 5th Ave