Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2201 Biscayne Blvd Miami, FL 33137-5015
    Back to Search
    Property profile & analytics

    2201 Biscayne Blvd, Miami, FL 33137-5015

    View on Map
    • Turn key restaurants
    • 3,168 SF
    • 0.10 lot acres
    Off-Market
    Last Sale Jul 19, 2022
    $4,400,000
    Property ID
    US18-3739166
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $4,335,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 2201 Biscayne Blvd

    Year built
    1922
    Construction
    CONCRETE
    Lot size
    0.10 lot acres
    Zone code
    CEN HI DENS BORDERS CB
    Property type
    Turn key restaurants
    APN
    01-3230-026-0510
    APU
    132300260510

    Description

    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.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $4,245,000
      ML approach
      $4,305,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.1889
    Latitude
    25.7983
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $38,901
    $1,687,500
    $162,849
    $1,850,349
    -
    $1,687,500
    $162,849
    $1,850,349

    Comparable in this City

    • Value Estimation by Request
      1,556 SF

      3535 2nd Ave

      RESTAURANT
      3535 2nd Ave, Miami, FL 33137-3808
      View Details
    • Value Estimation
      $905,000
      2,146 SF

      114 54th St

      RESTAURANT
      114 54th St, Miami, FL 33137-2416
      View Details
    • Value Estimation
      $800,000
      4,811 SF

      3531 Biscayne Blvd

      RESTAURANT
      3531 Biscayne Blvd, Miami, FL 33137
      View Details
    • Value Estimation
      $760,000
      5,349 SF

      5556 4th Ct

      RESTAURANT
      5556 4th Ct, Miami, FL 33137-2606
      View Details
    • Value Estimation
      $2,690,000
      2,504 SF

      28 29th St

      RESTAURANT
      28 29th St, Miami, FL 33137-4413
      View Details
    • Value Estimation
      $550,000
      3,039 SF

      5390 Biscayne Blvd

      RESTAURANT
      5390 Biscayne Blvd, Miami, FL 33137
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Retail Space in Prime Location

      Retail space ideal for cafe, office, or shop.
      480 NE 31St St, Miami, FL 33137
      View Details
    • Contact for pricing

      Retail Space Near Design District

      1,000 sq ft retail space in developing Miami corridor.
      5650 NE 2Nd Ave, Miami, FL 33137
      View Details
    • $1,900,000

      Miami Beach Business Opportunity

      Unique Miami Beach bar/nightclub/restaurant opportunity with existing licenses.
      Miami Beach, FL 33137
      View Details
    • Contact for pricing

      Prime Retail Space in Miami

      3,000 sq ft commercial space suitable for various uses.
      5600 NE 2Nd Ave, Miami, FL 33137
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Restaurant Space with Rooftop Oasis

      Restaurant space with outdoor areas and rooftop oasis.
      20 Northeast 41St St, Miami, FL 33137
      View Details
    • Contact for pricing

      Retail/Office Space For Lease

      Retail or office space available for lease in prime location.
      480 NE 31St St, Miami, FL 33137
      View Details
    • $45 SF/Yr
      10,903 SF

      Edgewater Retail Space on Biscayne

      Prime retail space in Edgewater with high visibility.
      2801 Biscayne Blvd, Miami, FL 33137
      View Details
    • Contact for pricing

      Prime Retail Space in Miami

      3,000 sq ft commercial space suitable for restaurant concept.
      5600 NE 2Nd Ave, Miami, FL 33137
      View Details
    • Contact for pricing

      Restaurant Space on Biscayne Boulevard

      1,600 SF restaurant space with high visibility.
      2336 Biscayne Blvd, Miami, FL 33137
      View Details
    • Contact for pricing

      Miami Retail Space Available

      Retail and restaurant spaces available for lease in Miami.
      56 NE 29Th St, Miami, FL 33137
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2201 Biscayne Blvd
    Miami, FL 33137-5015
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2201 Biscayne Blvd, Miami, FL, 33137
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!