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Prime Retail Space in Miami Beach
For Lease
$10,000/Mo

240 71st St, Miami Beach, FL 33141

High-visibility retail space in booming North Beach, Miami Beach.

Space SizeContact for details
Property Size4,500 SF
Lot Size0.29 Acres
Days on Market272

Property Features for 240 71st St

General Information

Standard status Active
Size 4,500 SF
Lot size 0.29 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $82,000

Building Details

Building Size 4,500 SF
Year Built 1980
Listing Agency:
Listed By: Lior Lev
Source: Elliman
Added: Nov 27, 2025 Changed: Aug 8 Last Checked: Aug 8 at 5:34AM

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 Lior Lev

Investment Insights

Based on property information with market context.

This prime retail opportunity is located on 71st St & Collins Ave in the booming North Beach area. The high-visibility site is surrounded by major new developments. Palma Residences, a 14-story luxury condo with a spa, rooftop pool, and retail space, is planned for completion in 2026. Additionally, 72nd & Park is planning a 21-story mixed-use tower with 270 units and over 17,000 square feet of retail space. Another boutique residential development at 880 71st St will feature a rooftop pool, kayak docks, and retail frontage. The Deauville Redevelopment proposes a 380-foot condo hotel, pending approval. The North Beach Town Center is planned to include over 800 units, a new Target store, retail space, and a public garage. Also nearby is 912 71st St, a 3,875 square foot former nightclub now available for lease or sale. North Beach boasts a median income of $99,625, an unemployment rate of 1.8%, a population of 35,238, and a rental rate of 68.2%. The median home value is $409,000, showing a year-over-year increase of 1.5%.

Key Highlights

  • Prime location on 71st St & Collins Ave in booming North Beach
  • High‑visibility site surrounded by major new developments
  • Located in an area with strong demographics: median income $99,625, low unemployment (1.8%), and a large renter population (68.2%)

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

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

$47.29 /SF/Yr
Avg Asking Price
$4.03–$85 /SF/Yr
Price Range
4,263 SF
Avg Space Size

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - High-visibility retail space in booming North Beach, Miami Beach.
Where is this retail space located?
The property is located at 240 71st St Miami Beach, FL.
What is the lease rate?
The lease rate is $10,000/Mo.
What are key features of this property?
This property features: Prime location on 71st St & Collins Ave in booming North Beach; High‑visibility site surrounded by major new developments; Located in an area with strong demographics: median income $99,625, low unemployment (1.8%), and a large renter population (68.2%)
More about this property
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