5900 NE 5th Ave Miami, FL 33137
Upper East Side South NeighborhoodEstimated payment $15,201/month
Highlights
- Concrete Pool
- Sitting Area In Primary Bedroom
- Atrium Room
- Morningside K-8 Academy Rated 9+
- 21,252 Sq Ft lot
- Recreation Room
About This Home
HUGE PRICE DROP! ENORMOUS OPPORTUNITY FOR THE RIGHT BUYER!! Motivated seller of this assemblage of Bayshore lots; price just reduced. Three lots, totaling 1⁄2 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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $22,471
Year Built
- Built in 1925
Lot Details
- 21,252 Sq Ft Lot
- Southeast Facing Home
- Property is zoned 0104
Parking
- 4 Car Garage
- Automatic Garage Door Opener
- Driveway
- Open Parking
Property Views
- Garden
- Pool
Home Design
- Barrel Roof Shape
- Brick Exterior Construction
- Flat Roof with Façade front
Interior Spaces
- 5,180 Sq Ft Home
- 1-Story Property
- Wet Bar
- Bar
- Ceiling Fan
- Paddle Fans
- Skylights
- Fireplace
- French Doors
- Entrance Foyer
- Formal Dining Room
- Den
- Recreation Room
- Workshop
- Atrium Room
- Sun or Florida Room
Kitchen
- Gas Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Sitting Area In Primary Bedroom
- Closet Cabinetry
- Walk-In Closet
- Bathtub
- Primary Bathroom includes a Walk-In Shower
Laundry
- Dryer
- Washer
Home Security
- Security System Owned
- Partial Accordion Shutters
Pool
- Concrete Pool
- In Ground Pool
- Pool Equipment Stays
Outdoor Features
- Patio
- Enclosed Glass Porch
Utilities
- Central Heating and Cooling System
- Underground Utilities
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 01-32-18-032-0140
Community Details
Overview
- Property has a Home Owners Association
- Bayshore Amd Subdivision
Amenities
- Workshop Area
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $22,036 | $780,718 | -- | -- |
| 2024 | $23,407 | $709,744 | -- | -- |
| 2023 | $23,407 | $645,222 | $0 | $0 |
| 2022 | $17,636 | $586,566 | $0 | $0 |
| 2021 | $16,600 | $533,242 | $0 | $0 |
| 2020 | $14,001 | $1,020,325 | $818,202 | $202,123 |
| 2019 | $12,926 | $946,205 | $743,820 | $202,385 |
| 2018 | $12,489 | $1,017,023 | $813,952 | $203,071 |
| 2017 | $10,757 | $336,571 | $0 | $0 |
| 2016 | $9,940 | $305,974 | $0 | $0 |
| 2015 | $9,295 | $278,159 | $0 | $0 |
| 2014 | $6,777 | $252,872 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/12/2026 03/12/26 | For Sale | $2,499,000 | 0.0% | $482 / Sq Ft |
| 03/09/2026 03/09/26 | Off Market | $2,499,000 | -- | -- |
| 12/15/2025 12/15/25 | Price Changed | $2,499,000 | -13.7% | $482 / Sq Ft |
| 11/30/2025 11/30/25 | Price Changed | $2,895,000 | -3.3% | $559 / Sq Ft |
| 10/08/2025 10/08/25 | Price Changed | $2,995,000 | -0.1% | $578 / Sq Ft |
| 08/08/2025 08/08/25 | For Sale | $2,999,000 | -- | $579 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | -- | -- |
Source: MIAMI REALTORS® MLS
MLS Number: A11855344
APN: 01-3218-032-0140
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Ask me questions while you tour the home.