1141 71st St Miami Beach, FL 33141-3674
Property profile & analytics
1141 71st St Miami Beach, FL 33141-3674
- Retail residential properties
- 2,230 SF
- 0.07 lot acres
Property ID
US18-4857257
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by 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
Property Details for 1141 71st St
- Year built
- 1943
- Construction
- CONCRETE
- Lot size
- 0.07 lot acres
- Property size
- 2,230 SF
- Zone code
- 6400:COMMERCIAL,CENTRAL
- Property type
- Retail residential properties
- APN
- 02-3210-013-1390
- APU
- 232100131390
Description
This immaculate, free-standing mixed-use building at 1141 71st Street in Miami Beach, Florida, presents a unique investment opportunity. Built in 1943, this two-story property boasts a prime location just steps from Town Center and the Normandy Isle Fountain, within a rapidly developing neighborhood. The building enjoys exceptional visibility and high traffic counts on a main artery into Miami Beach. Its proximity to multi-million dollar residential and commercial properties, the Normandy Isle Golf Course, La Gorce Country Club, the beach, and numerous amenities (including a farmers market, trolley stop, and various restaurants) ensures high foot traffic and strong rental potential. The 1,290,000 asking price reflects the property's exceptional condition and location. The building features impact windows and doors, private parking, and recently updated floors and bathrooms. Currently configured as professional offices on the ground floor and two residential units upstairs, the property offers flexibility for a variety of uses, catering to both retail and office tenants, or maintaining its current mixed-use configuration. This is an exceptional opportunity to acquire a well-maintained, high-traffic property in one of Miami Beach's most desirable and rapidly appreciating areas. The zip code is 33141.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,155,000
- ML approach
- $1,155,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $880,000
- 6.5%
- $810,000
- 7%
- $755,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,511,000
Market price range: $547k - $3.33M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,650,000 Current use
- OFFICE BUILDING
- $1,520,000 Change: -8% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,460,000 Change: -12% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Miami Beach
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.1305
- Latitude
- 25.855
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,977
$469,600
$82,793
$552,393
-
$469,600
$82,793
$552,393
