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Renovated Ground-Floor Retail Suite
New
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 Market2

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
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: Daniel Veitia · License #3079893
Added: Sep 11 Last Checked: Sep 12 at 11:06PM
MLS# A12087406

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 suite was renovated in 2024 and combines a customer-facing storefront with a practical office layout. The interior includes luxury vinyl flooring, a full-height display window, central A/C, a private restroom, two private offices, and open workspace. A 10x12 ft patio extends the usable presence toward the street.

Located on 71st Street in Normandy Isle, the suite sits near 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. The building was constructed in 1954 with block construction and includes an established long-term tenant roster.

Key Highlights

  • 800 SF ground‑floor retail suite renovated in 2024
  • 10x12 ft outdoor patio at the front of the suite
  • Floor‑to‑ceiling display window across the storefront

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Dental Office Law Firm Electrical Service (Bike/Boat/Book/etc) Store Butcher Big Box & Wholesale 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

Multi-tenant
Tenancy
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Miami Beach, FL

$46.8 /SF/Yr
Avg Asking Price
$1.46–$110 /SF/Yr
Price Range
4,440 SF
Avg Space Size

This space is priced 31% below the average of $46.8 /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
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Frequently Asked Questions

What type of property is this?
Retail space - Updated storefront with private restroom, offices, outdoor patio, and central A/C.
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 ground‑floor retail suite renovated in 2024; 10x12 ft outdoor patio at the front of the suite; Floor‑to‑ceiling display window across the storefront
More about this property
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