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$10,500,000
Miami, FL 33138
BELLE MEADE
Prime Development Opportunity with Existing IncomeExceptional 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-LDevelopment 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 heightDensity & FAR: No traditional limits appliedUse: Mixed-use development permittedMiami 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.
Virtual TourListing courtesy of I Home Miami
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity Realty. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$10,500,000
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Listed by Elena Giuliano, I Home Miami
Cities in Miami-Dade County