REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 10,500,000
Est. payment /mo
New
7201 Biscayne Blvd Miami, FL 33138
0.56 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Belle Meade
MLS Listing ID A12005314
HOA Y/N No
Annual Tax Amount $49,000
Tax Year 2025
Lot Size 0.560 Acres
Acres 0.56
Property Description
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.
Location
State FL
County Miami-dade
Community Belle Meade
Area 32
Exterior
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Trash Collection, Water Available
Present Use Other
Private Pool Yes
Building
Sewer Other
Water Public
Others
Tax ID 01-32-07-033-0010
Special Listing Condition Real Estate Owned
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12005314
Listed by I Home Miami
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION