1975-1977 71st St - Storefront FOR SALE


Miami Beach, FL 33141- Normandy Isles
$1,799,999 USD
786-378-1850
1975-1977 71st St, Miami Beach, FL for Sale
$1,799,999 USD
Storefront - FOR SALE
1/16
null | Request Cap Rate

1975-1977 71st St
Miami Beach, FL 33141
Normandy Isles


HIGHLIGHTS

  • Fully updated with a New Roof (2026), Impact Windows/Doors (2025), and New Exterior Paint (2025).
  • Renovated showroom and new bathroom featuring Italian porcelain (2025).
  • Dual-bay configuration (two 975 SF units) ideal for owner-users or multi-tenant income.
  • Positioned between the vertical luxury boom of North Bay Village and the increased density of North Beach. (72 Park, Ella Miami Beach)

OVERVIEW

This 1,950 SF freestanding building in Normandy Isle, offered at $1,799,999, represents a fully modernized, low-CapEx acquisition with substantial immediate value. The property has been extensively hardened and upgraded, featuring a New Roof (2026), new impact doors and windows (2025), fresh exterior paint (2025), and a designer bathroom finished in Italian porcelain (2025). These specific improvements offer an investor significant long-term savings on insurance premiums and maintenance while providing a "plug-and-play" environment that bypasses the difficult Miami Beach permitting process. The asset is divided into two 975 SF bays; one is a meticulously finished luxury showroom, while the second offers the flexibility to be delivered "as-is" or renovated by the owner to the same high-end standard depending on the offer. The location value is driven by its position at the primary transit gateway between the mainland and the ocean, placing it at the epicenter of a massive residential renaissance. To the west, North Bay Village is being reshaped by ultra-luxury towers like Shoma Bay, the Continuum Club, and Pagani Residences, while the immediate area to the east is densifying with projects like 72 Park and Ella Miami Beach. For the investor, this concentration of high-net-worth inventory ensures a captive, affluent consumer base and guaranteed land value appreciation.

FOR SALE DETAILS

PRICE

$1,799,999 USD

PRICE/SF

$923 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

CD-1

APN/PARCEL ID

02-3210-002-0810

ASK ABOUT THIS PROPERTY

Tony SaladrigasFausto Commercial Realty ConsultantsMore Info
786-378-1850

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Tony SaladrigasFausto Commercial Realty ConsultantsMore Info
786-378-1850

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.