Property 7201 Biscayne Blvd Miami for sale with MLS# A12005314
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.
7201 Biscayne Blvd, Miami, FL 33138
- Price:
- $10,500,000.00
- Original List Price:
- $10,500,000.00
- Gross Scheduled Income:
- 0
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Real Estate Owned (REO) Lender/Bank Owned
- Listing Category:
- Land
- MLS Number:
- A12005314
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- April 21, 2026 3:49 pm
- Lot Area:
- 24,480 Sqft
- Lot Size Dimensions and Info:
- 0x0
- Lot Size Unit:
- Square Feet
- Lot Size Acres:
- 0.56
- Waterfront:
- No
- Current Use:
- Other
- Tax Annual Amount:
- $49,000.00
- Tax Year:
- 2025
- Covered Spaces:
- 0
- Sewer:
- Other
- Utilities Available:
- Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available, Trash Collection
- Water Source:
- Public
- Subdivision Name:
- BELLE MEADE
- Senior Community:
- No
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- BELLE MEADE PB 17-53 LOTS 3 & 4 BLK 1 & WASHINGTON PLACE PB 20-54 LOTS 2 & 4 LOT SIZE 24480 SQ FT M/L
- Real Estate Folio Number (Parcel Number):
- 01-32-07-033-0010
- Zoning Description:
- 6101
- Originally published on:
- April 21, 2026 3:49 pm
- Active on the market since:
- April 21, 2026
- Price change occurred on:
- April 21, 2026 3:25 pm
- Listing Status Last Changed On:
- April 21, 2026 3:49 pm
- Photos updated on:
- April 21, 2026 8:16 pm
- Last Modified:
- April 22, 2026 1:02 am
- Flood Zone:
- X
- Municipal Code:
- 1
- Subdivision Number:
- 33
- Courtesy of:
- I Home Miami
- Attribution:
- Not provided
- Street Name:
- Biscayne Blvd
- Street Number:
- 7201
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33138
- County:
- Miami-Dade
- Latitude:
- N25° 50' 29''
- Longitude:
- W81° 48' 57.1''
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
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