1943 71st St Miami Beach, FL 33141

1943 71st St Miami Beach

PRICE

$ 3,500,000

Description

Positioned for success in Miami Beach’s vibrant Normandy Isle, 1943 71st St presents a multifaceted commercial opportunity. This versatile property boasts high visibility on a bustling street, surrounded by diverse demographics ideal for catering to a range of consumer needs. Its central location ensures seamless connectivity, attracting both locals and visitors. Currently generating $15,850 monthly income with two vacant units, the true value lies in its CD-1 zoning, unlocking development potential under the Live Local Act or even conversion to a bed and breakfast.

Invest in Miami’s thriving future – a flourishing economy, booming tourism, and a growing young professional population fuel real estate appreciation. Position your business for significant growth and capital gains. Don’t miss out – contact us to explore this opportunity and schedule a viewing.

Details

Property Use:
Multifamily
Property Type:
Status:
Building Size:
4,772 Sq.Ft
Building Class:
Oportunity Zone:
Year Built:
No. Of Units
12
Property Subtype:
LOT SIZE:
6,301 Sq.Ft
Parkin Ratio:
Price Per Unit:

Gallery

BROKERS

Tony Saladrigas

ts@faustocommercial.com

786.378.1850