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Property profile & analytics
OFF-MARKET Estimated value $4,335,000
Turn key restaurants

2201 Biscayne Blvd Miami, FL 33137-5015

3,168 SF 0.1 ac lot Built 1922
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US18-3739166
Property summary
AI-generated overview

This exceptional 19,000 square foot commercial land parcel presents a unique development opportunity in Miami's thriving Edgewater neighborhood. Situated on the northeast corner of 22nd Street and Biscayne Boulevard, this property boasts four separate folios and convenient vehicular access via surrounding alleys. Currently improved with approximately 4,000 square feet of existing buildings occupied by short-term tenants paying below-market rents, this site offers significant upside potential. The T6-36A-O zoning allows for a variety of mixed-use, residential, or hotel developments. Its strategic location places it east of Wynwood, north of Downtown Miami, south of the Design District, and west of Biscayne Bay, providing easy access to major highways and surrounding neighborhoods. The proximity to the future Edition Residences development site and the bay further enhances its desirability. This is an unparalleled chance to capitalize on Edgewater's rapid growth and create a landmark project in a highly sought-after luxury residential submarket. The address encompasses 2201, 2219, and 2229 Biscayne Boulevard.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1922
Construction CONCRETE
Total area 3,168 SF
Lot 0.1 ac (4,500 SF)
Zoning code CEN HI DENS BORDERS CB
APN 01-3230-026-0510
UPID US18-3739166
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.31M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.34M
Owner & transaction history
Minnie K LLC · 4 yrs held
Minnie K LLC
since 2022
Last sale
$4.4M
7 recorded transactions
2022
$4.4M
2014
Price N/A
2012
$1.8M
2009
Price N/A
2004
$337,500
2003
$675,000
1997
$89,000
Zoning & alternative use
CEN HI DENS BORDERS CB · Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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