1975 71st St, Miami Beach, FL

About this property

This 1,950 SF building in Normandy Isle, offered at $1,799,999, represents a fully modernized, low-CapEx acquisition with substantial immediate value. The property has been extensively hardened and upgraded, featuring a New Roof (2026), new impact doors and windows (2025), fresh exterior paint (2025), and a designer bathroom finished in Italian porcelain (2025). These specific improvements offer an investor significant long-term savings on insurance premiums and maintenance while providing a "plug-and-play" environment that bypasses the difficult Miami Beach permitting process. The asset is divided into two 975 SF bays; one is a meticulously finished luxury showroom, while the second offers the flexibility to be delivered "as-is" or renovated by the owner to the same high-end standard depending on the offer. The location value is driven by its position at the primary transit gateway between the mainland and the ocean, placing it at the epicenter of a massive residential renaissance. To the west, North Bay Village is being reshaped by ultra-luxury towers like Shoma Bay, the Continuum Club, and Pagani Residences, while the immediate area to the east is densifying with projects like 72 Park and Ella Miami Beach. For the investor, this concentration of high-net-worth inventory ensures a captive, affluent consumer base and guaranteed land value appreciation.