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Under contract
    • Price cut: $300K (8/31)
    $2,100,000

    5900 NE 5th Ave, Miami, FL 33137

    4beds
    5,180sqft
    : 
    $13,663/mo
    Get pre-qualified
    Single Family Residence
    Built in 1925
    0.49 Acres Lot
    $2,196,200 Zestimate®
    $405/sqft
    $-- HOA

    What's special

    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.
    390 days
    518
    24

    Zillow last checked:

    Listing updated:

    Listed by:

    Donn Dutton 305-495-9411,

    Beachfront Realty Inc

    Source: MIAMI,MLS#: A11855344MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      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: Covered, 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: $405/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

        $2,196,200

        $2.09M - $2.31M

        $7,867/mo

        Price history

        DateEventPrice
        8/31/2026Pending sale$2,100,000-12.5%$405/sqft
        Source: MIAMI #A11855344 Report a problem
        6/26/2026Price change$2,400,000-4%$463/sqft
        Source: MIAMI #A11855344 Report a problem
        5/22/2026Pending sale$2,499,000$482/sqft
        Source: MIAMI #A11855344 Report a problem
        12/15/2025Price change$2,499,000-13.7%$482/sqft
        Source: MIAMI #A11855344 Report a problem
        11/30/2025Price change$2,895,000-3.3%$559/sqft
        Source: MIAMI #A11855344 Report a problem
        10/8/2025Price change$2,995,000-0.1%$578/sqft
        Source: MIAMI #A11855344 Report a problem
        8/8/2025Listed for sale$2,999,000+20%$579/sqft
        Source: MIAMI #A11855344 Report a problem
        2/22/2025Listing removed$2,499,000$482/sqft
        Source: MIAMI #A11646990 Report a problem
        8/23/2024Listed for sale$2,499,000-5.7%$482/sqft
        Source: MIAMI #A11646990 Report a problem
        8/23/2024Listing removed--
        Source: MIAMI #A11537079 Report a problem
        3/25/2024Listing removed$2,650,000$512/sqft
        Source: MIAMI #A11537079 Report a problem
        2/28/2024Price change$2,650,000+6%$512/sqft
        Source: MIAMI #A11537079 Report a problem
        2/21/2024Listed for sale$2,499,000-15.3%$482/sqft
        Source: MIAMI #A11537079 Report a problem
        2/15/2024Listing removed--
        Source: MIAMI #A11259657 Report a problem
        2/9/2024Listed for sale$2,950,000$569/sqft
        Source: MIAMI #A11259657 Report a problem
        1/14/2024Listing removed--
        Source: MIAMI #A11259657 Report a problem
        12/15/2022Price change$2,950,000-9.2%$569/sqft
        Source: MIAMI #A11259657 Report a problem
        10/20/2022Price change$3,250,000-5.8%$627/sqft
        Source: MIAMI #A11259657 Report a problem
        9/27/2022Price change$3,450,000-5.5%$666/sqft
        Source: MIAMI #A11259657 Report a problem
        8/21/2022Listed for sale$3,650,000$705/sqft
        Source: MIAMI #A11259657 Report a problem

        Public tax history

        YearProperty taxesTax 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

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        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All 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.
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        Climate risks

        Neighborhood: Upper Eastside

        Getting around

        90 / 100
        Walker's Paradise
        50 / 100
        Good Transit
        70 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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