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    1150-1154 Normandy Dr Miami Beach, FL 33141

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    For Sale
    $2,500,000

    Storefront property with apartments and high foot traffic.

    Lot size:
    0.08 Acres

    Property Features for 1150-1154 Normandy Dr

    General Information

    Lot size
    0.08 Acres

    Building Details

    Year built
    1947

    Source: Cromwell & Forbes Inc Agent Laurent Benzaquen

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Storefront Building with Apartments

    This property features a storefront building located on Normandy Drive, a main street. The location benefits from high foot traffic due to the presence of anchor stores such as Ace Hardware and Family Dollar within the strip. In addition to the storefront, the property includes apartments in the back, which generate rental income.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Sainte Fleur Miami - Flowers and More, Abbott Florist

    Location Insight

    • Map
    • Local Demand
    City
    Miami Beach
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.13052
    Latitude
    25.85542

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    FAQs

    What type of property is this?
    Storefront property - Storefront property with apartments and high foot traffic.
    Where is this storefront property located?
    The property is located at 1150-1154 Normandy Dr Miami Beach, FL.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Storefront building on main street (Normandy Dr); - Anchored by Ace Hardware and Family Dollar, generating high foot traffic; - Apartments in the back provide amazing rental income
    (305) 905-1305
    Request Owner's contact information
    1150-1154 Normandy Dr Miami Beach, FL 33141
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1150-1154 Normandy Dr Miami Beach, FL 33141
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