1943 71st St Miami Beach, FL ^$ 3,500,000

1943 71st St

^$ 3,500,000

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1943 71st St

Miami Beach, FL, 33141

^$ 3,500,000

Studio Baths0.0 Sq 5,488

Monthly Estimate*

^$ 23,262

1943 71st St, Miami Beach, FL 33141 - Image 1

1943 71st St, Miami Beach, FL 33141 - Image 2

1943 71st St, Miami Beach, FL 33141 - Image 3

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1943 71st St, Miami Beach, FL 33141 - Image 8

1943 71st St, Miami Beach, FL 33141 - Image 9

1943 71st St, Miami Beach, FL 33141 - Image 10

1943 71st St, Miami Beach, FL 33141 - Image 11

1943 71st St, Miami Beach, FL 33141 - Image 12

1943 71st St, Miami Beach, FL 33141 - Image 13

1943 71st St, Miami Beach, FL 33141 - Image 14

1943 71st St, Miami Beach, FL 33141 - Image 15

1943 71st St, Miami Beach, FL 33141 - Image 16

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Studio

Commercial Property for sale in Miami Beach, FL

for $3,500,000. This 5,488 square foot building was built in 1946 on a lot size of 0.144651.

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.

Commercial Active

Price

^$ 3,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 22,443

Style

MultiFamily

Lot Size

0.144651

Year Built

1946

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A11536077

Features

General

Year Built 1946

Property SubType MultiFamily

County Miami-Dade County

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Status Active

City Miami Beach

View Y/N N

Senior Community Y/N N

Zoning Description 6100

MLS Area 32

Lot Size Units SquareFeet

Lot Size Square Feet 6301.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 71st St

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 22443.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11536077

Days on Market 14

Standard Status Active

Occupancy Type Tenant

Property Sub Type Additional MultiFamily

Legal Description ISLE OF NORMANDY-MIAMI VIEW SEC PART 1 PB 34-80 LOTS 26 & 27 LESS W0.09FT OF S56.7FT OF LOT 27 & E0.09FT OF LOT 28 LESS S56.7FT BLK 36 LOT S

Exterior

Lot Size Area 6301.0

Spa N

Building Area Total 5488.0

Covered Spaces 0.0

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Electric On Property Y/N N

Total Baths 0

Internal Only

Street Number 1 1943

* Excluded Features

List By

Fausto Commercial Realty Consultants Inc

Broker

vr@faustocommercial.com

Affordability Calculator

$25,132

Per Month

Monthly Principal & Interest: $23,262
Monthly Property Taxes: $1,870
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Miami Beach, FL

Average List Price ^$4,776,151

Percent of Sale Price 36%

About Miami Beach, FL

89,941 Population

2% Since 2002

^$56,146 Median Income

43.3 Median Age

15% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

292769 Elementary School

292996 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/20/2024	$3,500,000		Listed Price

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1943 71st St, Miami Beach, FL, 33141 is a Commercial Property for sale at $3,500,000 with 5,488 sqft and a lot size of 0.144651. 1943 71st St is a studio with 0.0 baths and was built in 1946. The property's zip code is 33141 which is in Miami Beach, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to the real estate for sale on this web site comes in part from the Realtor Association of Greater Miami and the Beaches.

The information being provided is for consumers'personal, non-commercial use and may not be used for any purpose other than to identify prospective consumers may be interested in purchasing. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

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1943 71st St

Commercial Property for sale in Miami Beach, FL

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