$2,499,000
$500K PRICE DROP

Estimated payment $14,876/month

Total Views 7,247
3 Beds
2.5 Baths
5,180 Sq Ft
$482 Price per Sq Ft

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 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.

Listing Agent

Donn Dutton

Beachfront Realty Inc License #3038225 Listed on: 08/08/2025

Beachfront Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,471

Year Built

  • Built in 1925

Lot Details

  • 0.49 Acre 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

  • 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,471

Year Built

Built in 1925

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 1925
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Directions: One half block west of Biscayne Boulevard on NE 59th Street
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: BAYSHORE AMD
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • CurrentPrice: 2499000
  • InternetRemarks: $400,000 PRICE DROP! ENORMOUS OPPORTUNITY! 3 lots, 1/2 acre off Biscayne, zoning change to multi-unit residence or home business/studio possible.
  • ShowingTimeFlag: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: 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
  • Spa Yn: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 5180
  • Other Equipment: Automatic Garage Door Opener
  • Window Features: Partial Accordian Shutters, Skylight
  • Bedroom Features: Primary Bath Shower, Primary Bath Tub, Primary Bedroom Ground Level, Sitting Area - Primary Bedroom
  • Dining Room Features: Formal Dining
  • Living Room Features: Atrium, Den/Library/Office, Florida Room, Glassed Porch, Recreation Room, Workshop

Exterior Features

  • Roof: Barrel Roof, Flat Roof With Facade Front
  • View: Garden, Pool
  • Construction Type: Brick Veneer, Concrete Block With Brick, Other
  • Direction Faces: Southeast
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Porch, Screened Porch, Glass Enclosed
  • Pool Features: In Ground, Concrete, Equipment Stays
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: BAYSHORE AMD
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: Yes
  • Parking Features: Driveway, Other

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Paddle Fans
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, Fuse Box
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Owned Burglar Alarm

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Sidewalks, Underground Utilities, Workshop

Association/Amenities

  • MIAMIRE_TypeofAssociation: Voluntary

Lot Info

  • Parcel Number: 01-32-18-032-0140
  • Lot Size Sq Ft: 21252
  • Zoning: 0104

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 22471

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Warranty Deed -- --
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11855344

MIAMI REALTORS® MLS

APN: 01-3218-032-0140