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.
View Virtual TourMorningside K-8 Academy (Miami-Dade)
Each winter during Carnaval Miami, salsa tunes blare and the smell of spicy chorizo fills the air on Calle Ocho, the commercial thoroughfare and heart of Miami's Little Havana. The roaring street festival, which culminates in the world's longest conga line, is the last of 10 events comprising the Latin-spiked Carnaval.
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Listing information last updated on June 26th, 2026 at 5:06am CDT.