Yes there is the current earthly Zion ( Jerusalem) where Christ will return, and reign for 1,000 years, he will judge the nations that came against Israel and divided up his land, then at the end of the millenium the current earth will expire, and God creates a new heaven and earth with the heavenly Jerusalem for all those who believe in him for eternity, thats what that scripture means.
2 Peter 3:7
But by the same word the heavens and earth that now exist are stored up for fire, being kept until the day of judgment and destruction of the ungodly.
Revelation 21:1-27
Then I saw a new heaven and a new earth, for the first heaven and the first earth had passed away, and the sea was no more. And I saw the holy city, new Jerusalem, coming down out of heaven from God, prepared as a bride adorned for her husband. And I heard a loud voice from the throne saying, “Behold, the dwelling place of God is with man. He will dwell with them, and they will be his people, and God himself will be with them as their God. He will wipe away every tear from their eyes, and death shall be no more, neither shall there be mourning, nor crying, nor pain anymore, for the former things have passed away.” And he who was seated on the throne said, “Behold, I am making all things new.” Also he said, “Write this down, for these words are trustworthy and true.” ...