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Commercial Land with Existing Restaurant
For Sale
$10,500,000

7201 Biscayne Boulevard, Miami, FL 33138

Dual-zoned site supports mixed-use development with an existing restaurant.

Property SizeContact for details
Days on Market57

Property Features for 7201 Biscayne Boulevard

General Information

Standard status Active
Property subtype Land
Zoning 6101

Taxes and HOA fees

Annual Taxes $49,000
Listing Agency: I Home Miami
Listed By: Elena Giuliano · License #3338781
Source: Laerrealty
Added: Jul 6 Changed: Aug 30 Last Checked: Aug 30 at 1:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of I Home Miami

Investment Insights

Based on property information with market context.

This 24,480-square-foot commercial land parcel includes the existing Jimmy’s restaurant at 7201 Biscayne Boulevard in Miami. The property offers an operating commercial use while future planning is evaluated, with zoning that supports mixed-use development.

The site carries dual T5-O and T3-L zoning under Miami 21. Permitted development may include residential, retail, office, and hospitality uses. Current planning parameters provide for approximately 36 residential units, subject to setbacks and applicable regulations, with principal structures allowed up to 3 stories and 40 feet. Ancillary structures may reach 2 stories, provided they do not exceed the height of the main building. Miami 21 Article 4, Table 3 governs the stated use framework.

Key Highlights

  • 24,480‑square‑foot development site on Biscayne Boulevard
  • Existing Jimmy’s restaurant provides an established commercial use
  • Dual zoning: T5‑O and T3‑L

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Butcher Pet Grooming Service Veterinary Clinic Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

17,616
Businesses Nearby

Demographics for 33138, FL

27,601
Population
14,310
Households
1.9
Avg Household Size
43
Median Age
47%
College-Educated
87%
High-School Grad
4.2 sq mi
ZIP Area
6,572
Density / Sq Mi
$71,518
Median Household Income
$52,853
Median Earnings
$1,647
Median Rent
$686,300
Median Home Value

Market

Vacancy Rate% for Retail in Miami, FL

3.5% 2019
4.3% 2020
3.3% 2021
2.9% 2022
3.1% 2023
2% 2024
2.7% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Dual-zoned site supports mixed-use development with an existing restaurant.
Where is this commercial land located?
The property is located at 7201 Biscayne Boulevard Miami, FL.
What is the asking price?
The asking price for this property is $10,500,000.
What are key features of this property?
This property features: 24,480‑square‑foot development site on Biscayne Boulevard; Existing Jimmy’s restaurant provides an established commercial use; Dual zoning: T5‑O and T3‑L
More about this property
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