7201 Biscayne Blvd Miami, FL 33138
Upper East Side North NeighborhoodEstimated payment $60,686/month
Highlights
- 0.56 Acre Lot
- Corner Lot
- No HOA
- Morningside K-8 Academy Rated 9+
About This Lot
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.
Property Details
Property Type
- Land
Est. Annual Taxes
- $49,000
Lot Details
- 24,480 Sq Ft Lot
- Corner Lot
- Property is zoned 6101
Utilities
- Cable TV Available
Community Details
- No Home Owners Association
- Belle Meade Condos
- Belle Meade Subdivision
Listing and Financial Details
- Assessor Parcel Number 01-32-07-033-0010
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $64,813 | $3,080,000 | -- | -- |
| 2024 | $61,485 | $3,290,151 | -- | -- |
| 2023 | $61,485 | $2,991,047 | $2,797,500 | $193,547 |
| 2022 | $15,976 | $646,537 | $0 | $0 |
| 2021 | $15,616 | $587,761 | $0 | $0 |
| 2020 | $14,962 | $1,036,787 | $866,250 | $170,537 |
| 2019 | $14,277 | $1,032,402 | $866,250 | $166,152 |
| 2018 | $13,245 | $1,034,980 | $866,250 | $168,730 |
| 2017 | $10,288 | $401,450 | $0 | $0 |
| 2016 | $8,796 | $364,955 | $0 | $0 |
| 2015 | $8,396 | $331,778 | $0 | $0 |
| 2014 | $9,711 | $428,180 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/21/2026 04/21/26 | For Sale | $10,500,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $4,275,000 | None Listed On Document | |
| Warranty Deed | $4,275,000 | None Listed On Document | |
| Warranty Deed | $350,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $375,000 | Commercial |
Source: MIAMI REALTORS® MLS
MLS Number: A12005314
APN: 01-3207-033-0010
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