House for Sale
$2,975,000
5 bd · 4 ba · 4,596 sqft
5971 SW 88th St, South Miami, FL 33156
SOUTH MIAMI GROVES SUB
Live MLS inventory in South Miami, updated continuously. Florida Lux Real Estate currently tracks 2 active listings here. MLS inventory updated October 4, 2026.
South Miami surrounds a genuinely walkable core — the shops and restaurants of Sunset Drive alongside the Metrorail — with quiet single-family streets fanning out from it. The hospital district steadies demand, and both the Gables and the Grove are five minutes off.
Waterfront is a category of its own in South Miami, and it prices in tiers: open water, ocean or gulf frontage, canal and lakefront each carry a different premium. In a market known for a walkable Sunset Drive downtown on the Metrorail, the buyers who do best know the gap between a water view and real dockage — frontage with deep, unobstructed access commands the strongest numbers and defends them longest.
Access without a fixed bridge capping a boat's height is the single biggest driver of waterfront value for anyone who owns a vessel. Homes behind low bridges suit smaller boats and price accordingly. We flag the access profile on every waterfront listing we show you.
Lenders require it inside mapped flood zones, which take in most genuine waterfront. Premiums swing hugely on elevation and construction era — a newer, elevated home often insures for less than an older inland one. We quote it during diligence so you know the carrying cost before you offer.
Each listing on this page carries an inquiry form that goes straight to our brokerage — or reach us at +1 786-370-8570. We schedule private tours to fit your calendar and run live video walkthroughs for buyers relocating from out of state, with no obligation attached.