Shopping Center with Redevelopment
New
For Sale
$4,900,000
1226 Normandy Dr, Miami Beach, FL 33141
SINGLE_FAMILY - Miami Beach, FL
Property SizeContact for details
Lot Size0.26 Acres
Days on Market2
Property Features for 1226 Normandy Dr
General Information
Property type
Residential
Property subtype
Retail
Zoning description
6400
Subdivision
31
Standard status
Active
APN
02-32-10-013-1200
Lot size
0.26 Acres
Taxes and HOA fees
Tax Description
2-3-10-11 53 42 PB 25-60 OCEAN SIDE SEC ISLE OF NORMANDY LOTS 7 THRU 11 LESS S25FT BLK 10 LOT SIZE 127.520 X 90 OR 16178-1263 1193 1
Legal Description
2-3-10-11 53 42 PB 25-60 OCEAN SIDE SEC ISLE OF NORMANDY LOTS 7 THRU 11 LESS S25FT BLK 10 LOT SIZE 127.520 X 90 OR 16178-1263 1193 1
Building Details
Year built
1953
Listing Agency:
One Sotheby's International Realty
(305) 538-9711
Listed By:
Casey Loundy · License #3289623
(786) 717-4517
Added: Aug 13
Last Checked: Aug 14 at 5:06AM
MLS# A12069920
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 shopping center at 1226 Normandy Dr. in Miami Beach was built in 1953 and occupies 0.2635 acres. The property contains nine suites, each with separate FPL electric and water/sewer service. Existing occupants operate under 2-year leases with renewal options, providing an established tenancy within the current configuration.
The property is positioned in North Beach between the Beach/Collins area and North Bay Village. The site offers redevelopment potential, with approximately 14,350 square feet of under-air space described for a future configuration. Potential uses identified in the property information include educational facilities, professional offices, medical and wellness offices, recording studios, creative and entertainment businesses, and retail or service operations.
The property is positioned in North Beach between the Beach/Collins area and North Bay Village. The site offers redevelopment potential, with approximately 14,350 square feet of under-air space described for a future configuration. Potential uses identified in the property information include educational facilities, professional offices, medical and wellness offices, recording studios, creative and entertainment businesses, and retail or service operations.
Key Highlights
- Nine established businesses occupy the shopping center
- Each suite has individual FPL electric and water/sewer service
- Current tenant leases run for 2 years with options to renew
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,757
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Established commercial center with nine suites, separate utility setups, and existing tenant leases.
Where is this shopping center located?
The property is located at 1226 Normandy Dr Miami Beach, FL.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: Nine established businesses occupy the shopping center; Each suite has individual FPL electric and water/sewer service; Current tenant leases run for 2 years with options to renew
