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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

Vacant-User

Normandy Fountain Vacant Retail

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

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