1975-1977 71st St - Freestanding FOR SALE


Miami Beach, FL 33141- Normandy Isles
$1,599,000 USD
305-576-7474
1975-1977 71st St, Miami Beach, FL for Sale
$1,599,000 USD
Freestanding - FOR SALE
1/31
null | Request Cap Rate

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


HIGHLIGHTS

  • 1,950 SF ± freestanding commercial building on a 3,180 SF ± lot
  • Two 975 SF ± retail units, keep separate or combine into one 1,950 SF ± space
  • Owner-user or investor play: occupy one unit, lease the other to offset costs
  • 12.5' ± ceiling heights, strong storefront
  • 3-4 on-site parking spaces
  • 8 public spaces directly out front on 71st Street

OVERVIEW

A rare freestanding commercial building on the 71st Street corridor connecting North Beach and North Bay Village, two of Miami Beach’s fastest-transforming residential markets. Configured as two 975 SF ± retail units (or combine into one 1,950 SF ± space), the property offers an owner-user the ability to occupy one unit and lease the other to offset ownership costs, or an investor the flexibility to lease both to neighborhood-serving tenants. 12.5' ± ceilings and a strong storefront presence make it well suited for retail, showroom, service, or office use. Broker registration required. Cooperating brokers must register their client with Chariff Realty Group prior to any property engagement. Chariff Realty Group may require evidence of exclusive representation as a condition of registration and commission eligibility. No retroactive registrations accepted. By engaging with the property, you agree to Chariff’s terms at chariff.com/privacypolicy/.

FOR SALE DETAILS

PRICE

$1,599,000 USD

PRICE/SF

$820 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1975 71st St - Freestanding Commercial Bldg.

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,180 SF

ZONING

CD-1

APN/PARCEL ID

02-3210-002-0810

ASK ABOUT THIS PROPERTY

Lyle ChariffChariff Realty GroupMore Info
305-576-7474

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

Lyle ChariffChariff Realty GroupMore Info
305-576-7474

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