Vacant-User
Normandy Fountain Vacant Retail
1025 71st St, Miami Beach, FL 33141
Listing Price: $2,800,000
Gross SF
3,018
Rentable SF
3,018
Price/Gross SF
$927.77
Lot Size
0.08 acres
Year Built
1962
Investment Overview
Marcus & Millichap is proud to present, for sale, Normandy Fountain Vacant Retail, a 3,018 SF retail / restaurant space located on busy 71st street in Miami Beach, Florida.
Investment Highlights
- 3,018 RSF Retail/Restaurant Space Ideally Located on Busy 71st Street within the Normandy Fountain Public Space, Includes Exclusive Patio Area with No Rental Fee Required by City
- The Building is Ideal for an Owner/User Tenant Looking for Excellent Visibility and Signage or an Investor Looking to Buy and Re-Lease the Vacant Building to a New Tenant for Cashflow
- Seller Will Consider Interest Only Financing for Qualified Investors
- The Normandy Fountain Public Space Underwent a $350,000 Renovation and Now Attracts High Foot Traffic With Weekly Farmers Market and Music Events
- The Subject Property is Adjacent to a Public Surface Parking Lot Which Provides Ample Parking for Tenants
- Over 41,000 VPD Drive Past the Subject Property as 71 Street Serves as a Major East/West Artery that Connects Miami Beach to the Mainland
- The Subject Property is Surrounded by Multiple Under Construction and Planned Residential Developments Which Further Increase the Density in an Already Busy Section of Miami Beach
Exclusively Listed By
Listing Price: $2,800,000
Gross SF
3,018
Rentable SF
3,018
Price/Gross SF
$927.77
Lot Size
0.08 acres
Year Built
1962
Investment Highlights
- 3,018 RSF Retail/Restaurant Space Ideally Located on Busy 71st Street within the Normandy Fountain Public Space, Includes Exclusive Patio Area with No Rental Fee Required by City
- The Building is Ideal for an Owner/User Tenant Looking for Excellent Visibility and Signage or an Investor Looking to Buy and Re-Lease the Vacant Building to a New Tenant for Cashflow
- Seller Will Consider Interest Only Financing for Qualified Investors
- The Normandy Fountain Public Space Underwent a $350,000 Renovation and Now Attracts High Foot Traffic With Weekly Farmers Market and Music Events
- The Subject Property is Adjacent to a Public Surface Parking Lot Which Provides Ample Parking for Tenants
- Over 41,000 VPD Drive Past the Subject Property as 71 Street Serves as a Major East/West Artery that Connects Miami Beach to the Mainland
- The Subject Property is Surrounded by Multiple Under Construction and Planned Residential Developments Which Further Increase the Density in an Already Busy Section of Miami Beach
Investment Overview
Marcus & Millichap is proud to present, for sale, Normandy Fountain Vacant Retail, a 3,018 SF retail / restaurant space located on busy 71st street in Miami Beach, Florida.
Exclusively Listed By

