Prime Development Opportunity with Existing Income
Exceptional 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-L
Development 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 height
Density & FAR: No traditional limits applied
Use: Mixed-use development permitted
Miami 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.
Exceptional 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-L
Development 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 height
Density & FAR: No traditional limits applied
Use: Mixed-use development permitted
Miami 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.
Property Details
Price:
$10,500,000
MLS #:
A12005314
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subdivision:
BELLE MEADE
Neighborhood:
bellemeade
Listed Date:
Apr 21, 2026
Lot Size:
24,480 sqft / 0.56 acres (approx)
See this Listing
Schools
Interior
Exterior
Lot Features
Corner Lot, 1-2.5 Acres
Financial
Tax Year
2025
Taxes
$49,000
Map
Community
- Address7201 Biscayne Blvd Miami FL
- SubdivisionBELLE MEADE
- CityMiami
- CountyMiami-Dade County
- Zip Code33138
Market Summary
Current real estate data for Single Family in Miami as of Apr 25, 2026
3,635
Single Family Listed
130
Avg DOM
587
Avg $ / SqFt
$1,680,193
Avg List Price
Property Summary
- Located in the BELLE MEADE subdivision, 7201 Biscayne Blvd Miami FL is a Single Family for sale in Miami, FL, 33138. It is listed for $10,500,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space.The average price per square foot for Single Family listings in Miami is $587. The average listing price for Single Family in Miami is $1,680,193.
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