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Property profile & analytics
OFF-MARKET
Banks

1101 71st St Miami Beach, FL 33141

1,136 SF 0.43 ac lot Built 1981
Entity Owned Absentee Owner Free & Clear
Property ID
US18-1598812
Property summary
AI-generated overview

Exceptional 18,641 square foot vacant land opportunity in Miami Beach's desirable North Beach submarket. Located at 1101 71st Street, this single-tenant, Class C property boasts 200 feet of frontage and ample parking (29 spaces). Previously occupied by a bank, the site offers significant potential for a variety of commercial, residential, or mixed-use developments. The zoning (6400) allows for flexibility in design and functionality. A drive-thru is feasible, making it ideal for quick-service restaurants or similar businesses. The property's location within Normandy Isle ensures high visibility and foot traffic. The seller is open to build-to-suit options or land lease arrangements, offering considerable flexibility for potential tenants or developers. Detailed site plan options are available upon request. The property features a single-story building (500 sqft) built in 1981. Lease terms are negotiable. A potential ground floor build-out of 7,000 square feet is possible. The asking rent is $6.67 per square foot, plus a CAM charge of $2.66 per square foot (NNN).

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1981
Construction CONCRETE
Total area 1,136 SF
Lot 0.43 ac (18,614 SF)
Zoning code 6400:COMMERCIAL,CENTRAL
APN 02-3210-013-1300
UPID US18-1598812
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Housing Authority Of The City Of Mi
Housing Authority Of The City Of Mi
since 2025
4 recorded transactions
2025
$5.9M
2001
$250,000
2001
$600,000
2001
$240,000
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · Miami Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Zoning Ordinance
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