CENTRAL MIAMI PT 1

3900 SW 59th Ave, Miami FL 33155

3 beds · 1 baths

For Sale · Active Listing

$900,000

Est. Payment $4,790/mo

MLS Sheet Video

Bedrooms

Bathrooms

1947

Year Built

Days on Market

Description

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.

Facts

MLS#: A12032090
Subdivision: CENTRAL MIAMI PT 1
Property Type: Residential
Property Sub Type: Single Family Residence
Year Built: 1947
Lot Size: 8,400 ft²
Sq. Ft.: —
Sq. Mt.: —
Price per sq. ft.: —
Price per sq. mt.: —
Stories: —
Garage: —
Pool: —
Days on Market: 1 day
Listed: Jun 5, 2026
Last Updated: Jun 6, 2026
Price/Lot Sq.Ft.: $107/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

$888,000

3 bd · 2 ba · 1,259 sqft

5718 SW 48th St, South Miami FL 33155

$879,000

3 bd · 2 ba · 1,594 sqft

5889 Devonshire Blvd, Miami FL 33155

SOLD

$825,000

3 bd · 1 ba · 1,082 sqft

5765 SW 48th St, Miami FL 33155

$939,999

3 bd · 2 ba · 1,550 sqft

6550 SW 27th St, Miami FL 33155

SOLD

$860,000

3 bd · 2 ba · 1,934 sqft

6820 SW 32nd Street, Miami FL 33155

SOLD

$845,000

3 bd · 2 ba · 2,762 sqft

8311 SW 32nd Street, Miami FL 33155

SOLD

$974,500

3 bd · 2 ba · 1,440 sqft

6630 SW 49th Terrace, Miami FL 33155

$1,025,000

3 bd · 1 ba · 1,344 sqft

6891 SW 26th Ter, Miami FL 33155

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

June 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

6/5/2026

Listed for sale

$900,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

3900 SW 59th Ave, Miami FL 33155Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Sunset Christian Academy
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.2 mi
True North Classical Academy High School
9,10,11,12 · charter · 0.2 mi
True North Classical Academy
KG,1,2,3,4,5,6,7,8,9,10,11,12 · charter · 0.2 mi
BRIDGEPREP ACADEMY-0131
KG,1,2,3,4,5,6,7,8 · charter · 0.4 mi
Bridgeprep Academy Of Polk
KG,1,2,3,4,5,6,7,8 · charter · 0.4 mi
Gateway Christian School
PK,KG,1,2,3,4,5,6 · private · 0.5 mi
True North Classical Academy Kendall
KG,1,2,3,4,5,6,7,8 · charter · 0.6 mi
Glades Middle School
6,7,8 · public · 0.7 mi
Carpe Diem Academy
PK,TK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.8 mi
Be Unique Academy Prep
1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.8 mi

Estimated Monthly Payment

$5,690/mo

Principal & Interest

$4,790

Property Tax

$750

Insurance

$150

HOA

Down Payment20% ($180,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 604-3276 info@rangelyadames.com

Hablo Español

The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

Updated within 24 hours