About This Property

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.

Key Features

• 24,480 SquareFeet Lot

Property Details

• Type: Land
• Lot Size: 24,480 sq ft
• HOA: Contact Agent
• Bedrooms: 0
• Bathrooms: 0
• Feature: 24,480 SquareFeet Lot
• Status: Active
• MLS Number: 1158220990
• Days on Market: 0
• Listed By: MLS Listing
• Zip Code: 33138