7201 Biscayne Blvd, Miami FL 33138, MIAMI, FL, 33138
Active105 days on marketListed Apr 21, 2026MLS #A12005314
About this home
7201 Biscayne Blvd, Miami FL 33138
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.
Facts & features
The home at a glance
0.56 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$64,838 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$64,838/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Upper Eastside
Get to know Miami. See the full Miami guide →
Upper Eastside — neighborhood snapshot
Population
14,642
Median age
43
Median income
$80,911
Median home value
$854,030
Avg household
2
Households w/ children
1,433
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami market
$508K → $590K
Miami median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 3082% above the MIAMI 33138 median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near 7201 Biscayne Blvd
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Nov ’25$332,000
21 BELLE MEADE CIRCLE · same community
2 bd · 1 ba · 940 sqft · $353/sqft · 257 DOM
Sold · Jun ’26$820,000
16109 BELLE MEADE BOULEVARD · same community
4 bd · 2.5 ba · 2,324 sqft · $353/sqft · 8 DOM
Sold · Jun ’26$820,000
6210 IROQUOIS COURT · same community
4 bd · 3 ba · 2,831 sqft · $290/sqft · 5 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 7201 Biscayne Blvd — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 7201 Biscayne Blvd — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
7201 Biscayne Blvd FAQs
What would the monthly payment be for 7201 Biscayne Blvd, Miami FL 33138?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $64,838/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 7201 Biscayne Blvd, Miami FL 33138?+
The most recent tax bill on record (2025) was $49,000. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Miami?+
At $10,500,000, this home is listed about 1621% above the Miami median of $610,000. The market section on this page shows how the area is trending.
Which schools are assigned to 7201 Biscayne Blvd, Miami FL 33138?+
Morningside K-8 Academy (elementary), District Instructional Center (Dic) (), Horace Mann Middle School (middle), Booker T. Washington Senior High (high), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of I Home Miami · Elena Giuliano. MLS #A12005314.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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