7201 Biscayne Boulevard, Miami, FL 33138

Miami
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
7201 Biscayne Boulevard,Miami, FL 33138
$10,500,000
Virtual Tour
  • 0.56 Acres
  • Lots / Land
  • Active
Listed by: elena giuliano
Office: i home miami
MLS#:A12005314
Source:RMLS

Price summary

  • Price:$10,500,000

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...

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Home facts

  • Listing ID #:A12005314
  • Added:42 day(s) ago
  • Updated:June 15, 2026 at 02:45 PM

Structure and exterior

  • Lot area:0.56 Acres

Schools

  • High school:Miami Edison
  • Middle school:Horace Mann
  • Elementary school:Morningside K-8 Academy (Miami-Dade)

Utilities

  • Water:Public, Water Available
  • Sewer:Sewer Available

Finances and disclosures

  • Price:$10,500,000
  • Tax amount:$49,000 (2025)
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. RMLS Member Broker: Gene Whiddon III <gwhiddon@bhgfirst.com>

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