1141 71st St, Miami Beach, FL 33141-3674
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
6400:COMMERCIAL,CENTRAL · Miami Beach, FLMiami Beach. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.