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.
Listed by Donn Dutton
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License #3038225
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Beachfront Realty Inc
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305-495-9411
Last updated December 15, 2025
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Source: MIAMIRE #A11855344
Listing Facts
TypeSingle-family
NeighborhoodPalm Grove
Bedrooms3
Bathrooms3
Days on Prevu175
Taxes$22,471/year
Size5,180 sqft
Price per sqft$482
Amenities
Dishwasher
Private Outdoor Space
Washer/Dryer
Pets Allowed
Air Conditioning
Swimming Pool
Location
Mortgage Calculator
Listing History
12/15/2025
Price Decreased
$2,499,000
11/30/2025
Price Decreased
$2,895,000
10/08/2025
Price Decreased
$2,995,000
08/08/2025
Listed by Beachfront Realty Inc
$2,999,000
Property Details for 5900 NE 5th Ave
Association
Amenities
Community Features: Sidewalks, Underground Utilities, Workshop
Construction Materials: Brick Veneer, Concrete Block With Brick, Other
Entry Location: Foyer
Features
Direction Faces: Southeast
Patio And Porch Features: Open Porch, Screened Porch, Glass Enclosed
Pool Features: In Ground, Concrete, Equipment Stays
View: Garden, Pool
Measurements
Building Area Total: 5,409
Building Area Units: Square Feet
Lot Features: 1/4 To Less Than 1/2 Acre Lot
Lot Size Square Feet: 21,252
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 01-32-18-032-0140
Tax Annual Amount: $22,471.00
Tax Year: 2024
Interior
Features
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Gas Range, Refrigerator, Washer
Fireplace Features: Fireplace
Fireplace: Yes
Flooring: Tile, Wood
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
Measurements
Living Area: 5,180
Living Area Units: Square Feet
Rooms
Bathrooms Full: 2
Bathrooms Half: 1
Bathrooms Total Integer: 3
Bedrooms Total: 3
Other
Location
Subdivision Name: BAYSHORE AMD
Parking
Parking
Covered Spaces: 4
Garage Spaces: 4
Garage: Yes
Open Parking: Yes
Parking Features: Driveway, Other
Utilities
Equipment
Cooling: Ceiling Fan(s), Central Air, Paddle Fans
Has Cooling: Yes
Electric: Circuit Breakers, Fuse Box
Heating: Central, Electric
Has Heating: Yes
Laundry Features: Washer/Dryer Hook-Up
Other Equipment: Automatic Garage Door Opener
Sewer: Public Sewer
Water Source: Municipal Water
Frequently Asked Questions
How many bedrooms and bathrooms does this single-family home have?
There are 3 bedrooms and 3 bathrooms in this single-family home at 5900 NE 5th Ave.
Does this single-family home have parking?
Yes, there are 4 parking spaces available for 5900 NE 5th Ave.
What are the annual taxes for 5900 NE 5th Ave?
Annual taxes for this single-family home are estimated at $22,471.
How does 5900 NE 5th Ave compare to other single-family homes in Palm Grove?
This single-family home is listed 72% above the average price for single-family homes in Palm Grove and has been on the market for 25 less days than the typical home in this area.
What building or home owners association is the single-family home part of?
This single-family home is in the BAYSHORE AMD building.
What is the square footage on this single-family home?
According to the MLS, this listing is 5,180 sqft.
5900 NE 5th Ave is a 3-bedroom, 3-bath single-family home for sale in Miami FL 33137. On Prevu for 175 days at $2,499,000. This includes a recent price decrease of $396,000. This property features 5,180 square feet of living space, located in Palm Grove. The median listing price for single-family homes in this area is $287,500. The home offers private outdoor space, dishwasher, pets allowed, air conditioning, swimming pool, and washer/dryer. Explore more single-family home listings in Miami.
Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.