Atlantic Luxury AdvisorsKeller Williams Realty Services

12 photos

3900 59th Ave

Miami, FL 33155

$800,000
3
1
8,400 sq ft
1947
Single Family Residence
97
Active

Listing courtesy of Midtown Realty International. Contact: [email protected].

About this home

Rare redevelopment opportunity just 2 blocks from exclusive Coral Gables! Situated on an oversized 80' x 105' RU-1 lot near Schenley Park and South Miami, this property offers exceptional potential for builders, developers, investors, or end-users looking to build new or renovate. Existing home is in need of significant renovation and is being sold primarily for land value/redevelopment potential. Prime central location near top schools, shopping, dining, major expressways, and all the conveniences of Coral Gables and South Miami.

What it costs to own
Estimated monthly payment
$5,714/mo
Principal and interest
$4,045
Property tax
$1,169
Homeowners insurance
$500
HOA(not in the listing)
$0

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$14,033/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
Not stated in the listing; ask us
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location
Location from the listing's MLS coordinatesMap data © OpenStreetMap contributors

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.