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Prime Development Opportunity with Existing IncomernrnExceptional 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.rnrnThe 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.rnrnZoning: Dual zoning T5-O & T3-LrnDevelopment Potential: Approx. 36 residential units (subject to setbacks and regulations)rnHeight Allowance: Up to 3 stories / 40 ft (principal structure)rnAncillary Structures: Up to 2 stories, not exceeding main building heightrnDensity & FAR: No traditional limits appliedrnUse: Mixed-use development permittedrnrnMiami 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.rnrnStrategically positioned in a rapidly evolving area with ongoing growth and redevelopment, this property offers a rare combination of location, flexibility, and income in place.
Listing Updated: 2026-04-22 08:25:17
