7201 Biscayne Blvd

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7201 Biscayne Blvd

Miami, FL 33138
Asking Price
$10.50M
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel priced at ten million five hundred thousand dollars.
  • Property features a prominent corner lot location on Biscayne Boulevard.
  • Strategic development site situated within the active Miami MiMo District.
  • Zoning and site characteristics support a versatile mixed-use development project.
  • High visibility location provides convenient access to major Miami transit corridors.

What's Special

Priced at $10,500,000, this commercial land parcel located at 7201 Biscayne Boulevard presents a clear development opportunity in Miami. The site occupies a strategic corner lot within the MiMo District, a corridor experiencing consistent revitalization and high visibility along one of the city's primary north-south arteries. The surrounding area benefits from proximity to affluent coastal neighborhoods and a steady influx of residents and businesses seeking access to the urban core. Given the site's classification as commercial land, the corner positioning supports a variety of mixed-use development projects. Investors and developers can capitalize on the location's high traffic flow and the ongoing demand for integrated residential and retail spaces in this submarket. This parcel provides a functional foundation for projects intended to serve the expanding demographic profile of the Miami metro area.

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NOI
$80,000
Cap Rate
0.76%
DSCR
0.13
Underwater
Cash-on-Cash
-17.25%
Monthly Payment
$51,948.271
Annual Cash Flow
$-543,379.252

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