Commercial Sale · Retail
1975 71st St, Miami Beach FL 33141, MIAMI BEACH, FL, 33141
Active196 days on marketListed Feb 3, 2026MLS #A11960128
About this property
The property at a glance
This 1,950 SF 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.
1,950
Building sq ft
$923
Price / sq ft
3,181
Lot sq ft
1952
Year built
6100
Zoning
Retail
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$9,545/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Iain to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
9,198
Population
$99,060
Median income
48
Median age
2
Avg household
$477,014
Median home value
$1,724/mo
Median rent
850
Households w/ kids
Consumer profile
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
This population is all about finding the latest in men's style - from fashion to grooming. Captures guys looking to stay on trend and significant others assisting with shopping.
These folks are conscious about what they eat. They're looking for ingredients that not only taste great, but also have great nutritional benefits.
From tiny sprouts and window plants, to flower arrangements and designing a landscape, this population has an affinity for all things green.
Recent sales
What actually sold near 1975 71st St
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$18,000
9445 Harding Ave, Surfside FL 33154
Sold Oct 15, 2024
$24,000
981 NE 79th St, Miami FL 33138
Sold Oct 21, 2025
$13,000
7030 NE 4th Ct, Miami FL 33138
Sold Sep 13, 2024
Your team
The pros in your corner
Your agent
Iain Robinson
Broker Associate · CENTURY 21 Edge
Tours, offers, and every question about 1975 71st St — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 1975 71st St.
See it in person
Schedule a tour
Live availability from Iain's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of Fausto Commercial Realty Consultants Inc · Antonio Saladrigas. MLS #A11960128.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
Never miss a listing
New MIAMI BEACH listings, in your inbox
A daily digest of every new listing in MIAMI BEACH — straight from the MLS, hours after it goes live. Unsubscribe anytime.