$10,500,00037 days on marketActive

7201 Biscayne Boulevard, Miami, FL 33138

Miami, FL 33138

Sq Ft

0.56 acres

Lot Size

Listing Snapshot

List Price	$10,500,000
Beds	0
Baths	0
Living Area	0 sqft
Lot Size	0.56 acres

Property Tax	$49,000/yr
MLS #	1158221343
Status	Active
Days on Market	37

About This Home

Prime Development Opportunity with Existing IncomeExceptional opportunity to acquire a 24,480 SF development site in one of Miami’s fastest-growing corridors. Located directly on Biscayne Blvd, this property offers high visibility, strong traffic exposure, and significant upside potential.The site is currently home to the well-known “Jimmy’s” restaurant, a recognized local landmark, providing immediate presence and potential holding income while planning redevelopment.Zoning: Dual zoning T5-O & T3-LDevelopment Potential: Approx. 36 residential units (subject to setbacks and regulations)Height Allowance: Up to 3 stories / 40 ft (principal structure)Ancillary Structures: Up to 2 stories, not exceeding main building heightDensity & FAR: No traditional limits appliedUse: Mixed-use development permittedMiami 21 zoning (Article 4, Table 3) allows a wide range of uses including residential, retail, office, and hospitality making this site ideal for a boutique mixed-use project or residential development.Strategically positioned in a rapidly evolving area with ongoing growth and redevelopment, this property offers a rare combination of location, flexibility, and income in place.

General Features

Property Type: Land
Sub-type: UnimprovedLand
Zoning: 6101
Utilities: CableAvailable,ElectricityAvailable,NaturalGasAvailable,PhoneAvailable,SewerAvailable,TrashCollection,WaterAvailable
Subdivision: BELLE MEADE