Office Space
1951 71st Street Miami Beach, FL 33141
Details & Description
Price: $1,900,000
    Marcus & Millichap is proud to present 1951-1959 71st Street, a one-story mixed-use office/retail building located on Miami Beach/Normandy Isle, Florida. This building was built in 1955 and is situated on a 1,175 square foot lot (0.19 acres), offering approximately 4,936 square feet of rentable area. 1951-1959 71st Street is currently vacant and zoned CD-1 (Commercial, Low-Intensity District). CD-1 commercial is a retail sales, personal services, shopping district designed to provide services to surrounding residential neighborhoods. The subject property is located directly on 71st Street Miami Beach/Normandy Isle, a major thoroughfare traveling east and west, with traffic counts of approximately 33,211 VPD (Vehicles Per Day). The property is approximately a mile and a half to the beach and 4 miles to Miami. 1951-1959 71st Miami Beach location and zoning creates an opportunity for end-users interested in relocating their business to the affluent Normandy Isle section of Miami Beach Normandy Isle is located in the Miami Beach submarket. The Miami beach submarket has among the lowest office vacancies of all the submarkets and has been that way for over fifteen years due to the limited office development. 1951-1959 71st offers an opportunity to the Miami Beach office demand.
    Listing Agents
    Alex Zylberglait
    Marcus & Millichap
    O: 786-522-7056
    alex.zylberglait@marcusmillichap.com
    Michael Crocchiola

    O: 786-522-7000
    michael.crocchiola@marcusmillichap.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1951 71st Street

    Miami Beach, FL 33141

    Listing ID: 275210
    • 1951 71st Street Miami Beach, FL 33141 | for Sale | Photo 1
    • 1951 71st Street Miami Beach, FL 33141 | for Sale | Photo 2
    1951 71st Street | for Sale | Thumbnail 1
    1951 71st Street | for Sale | Thumbnail 2
    Building Size: 4,936 SF
    Lot Size: 0.190 AC
    Land Size: 8,276 SF
    Building $/SF: $384.93
    Land $/SF: $229.58
    Price
    $1,900,000
    Description

    Marcus & Millichap is proud to present 1951-1959 71st Street, a one-story mixed-use office/retail building located on Miami Beach/Normandy Isle, Florida. This building was built in 1955 and is situated on a 1,175 square foot lot (0.19 acres), offering approximately 4,936 square feet of rentable area. 1951-1959 71st Street is currently vacant and zoned CD-1 (Commercial, Low-Intensity District). CD-1 commercial is a retail sales, personal services, shopping district designed to provide services to surrounding residential neighborhoods. The subject property is located directly on 71st Street Miami Beach/Normandy Isle, a major thoroughfare traveling east and west, with traffic counts of approximately 33,211 VPD (Vehicles Per Day). The property is approximately a mile and a half to the beach and 4 miles to Miami. 1951-1959 71st Miami Beach location and zoning creates an opportunity for end-users interested in relocating their business to the affluent Normandy Isle section of Miami Beach Normandy Isle is located in the Miami Beach submarket. The Miami beach submarket has among the lowest office vacancies of all the submarkets and has been that way for over fifteen years due to the limited office development. 1951-1959 71st offers an opportunity to the Miami Beach office demand.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Hialeah History of Office Space for Sale

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    Miami Beach Area Market Trends

    Listing Demographics for 1951 71st Street Miami Beach, FL 33141

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population46,187221,040504,132
    Population Median Age394140
    Population by Age0-9 Yrs3399 (7%)21416 (9%)52890 (10%)
    10-19 Yrs5255 (11%)20800 (9%)47319 (9%)
    20-29 Yrs7629 (16%)26628 (12%)67373 (13%)
    30-39 Yrs8835 (19%)35180 (15%)90672 (17%)
    40-49 Yrs6829 (14%)34467 (15%)74378 (14%)
    50-59 Yrs6667 (14%)32870 (14%)69579 (13%)
    60-69 Yrs3925 (8%)25952 (11%)52660 (10%)
    70+ Yrs3648 (7%)23727 (10%)49259 (9%)
    Median HH Income$56,421$61,504$58,664
    Total Household Income< 24K3449 (18%)18446 (18%)45895 (21%)
    25-49K4348 (23%)20981 (21%)44690 (21%)
    50-74K3857 (20%)17024 (17%)36580 (17%)
    75-99K2830 (15%)10475 (10%)24166 (11%)
    100-199K2777 (14%)18638 (19%)37133 (17%)
    200K+1265 (6%)12206 (12%)23620 (11%)
    Highest Education LevelNo Diploma27681335044885
    Diploma or GED82443200276718
    Some College48632679757378
    Assoc. Degree40761714235209
    Bachelors Degree91234342690112
    Higher Degree53803645172885
    Total Housing Units23,796156,565313,386
    --Owner-Occupied5,89143,20486,011
    --Renter-Occupied12,63454,567126,073
    Owner-Occupied Values< 100K649014379
    100-199K95240769894
    200-299K1392698215627
    300-399K792544511322
    400-499K72647179659
    500K+19652108235130
    Total Working Age Population39,516187,202423,277
    In Work Force28,479125,314285,863
    Not In Work Force11,03761,888137,415
    Workforce Employed27,537120,524270,645
    Workforce Unemployed8484,60714,891
    Civlian Workforce28,384125,131285,536
    Military Workforce95182327
    Total Households18,52697,770212,084
    Family Households10,44253,091110,562
    Non-Family Households8,08444,679101,522
    Married Couple6,83439,07175,042
    Other Family3,60814,02035,520
    Married w/Child2,60613,06325,753
    Single Male w/Child4411,6424,177
    Single Female w/Child1,6376,41813,534

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Florida15,982,378+1818,801,310+1421,517,610+1324,340,457
    Miami-Dade County2,253,362+112,496,435+152,861,579+113,190,242
    Monroe County79,589-873,090+174,004074,301

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

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    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1951 71st Street in Miami Beach?
    The asking price for 1951 71st Street is $1,900,000
    What is the building size of this Office property in Miami Beach, FL?
    The size of the building/unit at 1951 71st Street in Miami Beach is 4,936 square feet
    How much land does the Miami Beach, FL property at 1951 71st Street include?
    1951 71st Street in Miami Beach includes 0.190 acres of land
    What kind of Office is the propery at 1951 71st Street?
    The property at 1951 71st Street Miami Beach, FL 33141 is listed as a Professional Office property
    What is the population within 1 mile of 1951 71st Street in Miami Beach?
    The population within 1 mile of 1951 71st Street Miami Beach, FL 33141 is 46,187 people.
    Who do I contact for questions about 1951 71st Street?
    You should contact the listing agent, Alex Zylberglait, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Miami International Airport (MIA) 10
    Fort Lauderdale Hollywood International Airport (FLL) 15
    Palm Beach International Airport (PBI) 58