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Restaurant and Bar with Outdoor Seating

1971 71st St, Miami Beach, FL 33141

For Sale
$2,500,000

An included liquor license, active Certificate of Use, and new code-compliant grease trap are in place.

Property Size3,349 SF
Lot Size0.12 Acres
Price / SF$746.49
Days on Market8

Property Features for 1971 71st St

General Information

Standard status Active
Size 3,349 SF
Total Parking Spaces 4
Lot size 0.12 Acres
Property subtype Commercial
Zoning 6100

Restaurant

Grease Trap Yes
Liquor License Yes

Additional Details

Business Included Yes
Frontage 50 ft

Building Details

Building Size 3,349 SF
Year Built 1952
Buildings 1
Stories 1
Listing Agency: Upside Partner, LLC.
Listed By: Marcos Macias Gonzalez · License #A12024805
Source: Aimcapitalrealty
Added: Nov 2 Changed: Nov 6 Last Checked: Nov 8 at 1:38PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Upside Partner, LLC.

Rey
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Investment Insights

Based on property information with market context.

Configured for restaurant and bar use, this 3,349-square-foot second-generation property occupies a 5,402-square-foot lot. The building was constructed in 1952 and includes a new code-compliant grease trap, an active Certificate of Use, and approved outdoor seating. An included liquor license permits liquor sales and live music until 5 AM. Four on-site parking spaces are provided, with street parking also available.

The property fronts 71st Street in Miami Beach, with 50 feet along the corridor. It is on a city-designated restaurant fast-track corridor. More than 1,300 residential units in North Beach are delivered, under construction, or approved; the property information also identifies commercial and population growth in neighboring North Bay Village.

Key Highlights

  • 3,349‑square‑foot restaurant and bar building on a 5,402‑square‑foot lot
  • 50 feet of frontage on 71st Street
  • Included liquor license allows sales and live music until 5 AM

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Building Supply Big Box & Wholesale Store Locksmith Food Market

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

Turnkey business
Opportunity
Yes
Grease trap
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

2,084
Businesses Nearby
Under-served
Demand for This Use

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
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Market

Properties on Market for Conventional restaurants in Miami Beach

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - An included liquor license, active Certificate of Use, and new code-compliant grease trap are in place.
Where is this conventional restaurant located?
The property is located at 1971 71st St 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: 3,349‑square‑foot restaurant and bar building on a 5,402‑square‑foot lot; 50 feet of frontage on 71st Street; Included liquor license allows sales and live music until 5 AM
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