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Renovated Ground-Floor Retail Space
For Lease
$2,167/Mo

1197 71 St, Miami Beach, FL 33141

Commercial Lease, Miami Beach, FL

Space Size800 SF
Lot Size0.11 Acres
Days on Market68

Property Features for 1197 71 St

General Information

Property type Commercial Lease
Property subtype Retail
Zoning description 6400
Subdivision 32
Standard status Active
APN 02-32-10-013-1480
Lot size 0.11 Acres

Taxes and HOA fees

Tax Description OCEAN SIDE SEC-ISLE OF NORMANDY LOTS 69 & 70 LESS N25FT TO CITY BLK 10 PB 25-60 LOT SIZE 51.060 X 90 OR 12469-446 0485 6
Tax Annual Amount 23580
Legal Description OCEAN SIDE SEC-ISLE OF NORMANDY LOTS 69 & 70 LESS N25FT TO CITY BLK 10 PB 25-60 LOT SIZE 51.060 X 90 OR 12469-446 0485 6

Amenities

luxury vinyl tile flooring
floor-to-ceiling display window
private restroom
central A/C
private offices
open-plan workspace
outdoor patio
plug-and-play layout

Building Details

Year built 1954
Floors in Building 2
Flooring type Vinyl
Building materials Block
Listing Agency: Urban Resource LLC
Listed By: Laura Veitia · License #0620486
Added: Jun 30 Changed: Sep 2 Last Checked: Sep 5 at 1:06PM
MLS# A12005184

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 800 SF ground-floor retail space was renovated in 2024 and combines a customer-facing layout with practical office functionality. The suite includes two private offices, open-plan workspace, vinyl flooring, central A/C, a private restroom, and a full-height front display window. A dedicated 10x12 ft patio extends the usable presentation area outdoors. The building was constructed in 1954 with block materials.

Located at 1197 71 St on Normandy Isle's main causeway, the suite benefits from an established commercial setting and nearby Silverlake Bistro, La Poubelle, Katana, Sumak, and Normandy Fountain plaza. The property is also minutes from Surfside, Mid-Beach, Bal Harbour Shops, and the 79th Street Causeway to the mainland. Available now for retail, professional services, or wellness use.

Key Highlights

  • 800 SF retail space renovated in 2024
  • Dedicated 10x12 ft outdoor patio at the front
  • Full‑height front display window for street‑facing presentation

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Law Firm Food Market (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.88 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,084
Businesses Nearby

Demographics for 33141, FL

35,995
Population
21,793
Households
1.7
Avg Household Size
44
Median Age
44%
College-Educated
91%
High-School Grad
2.3 sq mi
ZIP Area
15,650
Density / Sq Mi
$64,457
Median Household Income
$36,899
Median Earnings
$1,739
Median Rent
$434,500
Median Home Value

Market

Lease Benchmarks for Miami Beach, FL

$50.05 /SF/Yr
Avg Asking Price
$1.46–$110 /SF/Yr
Price Range
4,327 SF
Avg Space Size

This space is priced 35% below the average of $50.05 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Two private offices and open workspace support retail, professional service, or wellness uses.
Where is this retail space located?
The property is located at 1197 71 St Miami Beach, FL.
What is the lease rate?
The lease rate is $2,167/Mo.
What are key features of this property?
This property features: 800 SF retail space renovated in 2024; Dedicated 10x12 ft outdoor patio at the front; Full‑height front display window for street‑facing presentation
More about this property
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