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Investment Highlights
- Fully leased single-tenant retail property with long-term lease in place.
- Surrounded by ongoing redevelopment and public infrastructure investment.
- Located in a vibrant trade area with diverse consumer base and beach-bound traffic.
- Positioned in a high-traffic, pedestrian-friendly corridor in North Beach.
- Strong income growth with 3% annual rent escalations and NNN lease structure.
Executive Summary
Colliers International is pleased to present the exclusive offering of 912 71st Street, Miami Beach, FL 33141. This well-located retail asset sits in the heart of North Beach’s 71st Street corridor — a walkable, community-focused trade area experiencing steady growth, strong pedestrian activity, and increasing neighborhood demand.
The 71st Street corridor benefits from a diverse and stable consumer base, driven by dense multifamily housing, local residents, hospitality uses, and consistent beach-bound traffic. Ongoing public investment and area revitalization continue to attract neighborhood retailers, boutique fitness operators, cafés, service-based tenants, and specialty food concepts.
The Property is ideally configured to accommodate these uses, offering efficient bay depths, prominent storefront visibility, and versatile layouts.
The building delivers strong curb appeal and a commanding street presence, supporting both stable occupancy and future repositioning or rental upside. Located along one of
North Beach’s primary east–west thoroughfares, the Property enjoys reliable vehicular and pedestrian flow, with convenient proximity to municipal parking serving the district.
This offering represents an opportunity to acquire a stabilized retail asset within a rapidly improving submarket, supported by ongoing residential development and long-term neighborhood redevelopment initiatives
The 71st Street corridor benefits from a diverse and stable consumer base, driven by dense multifamily housing, local residents, hospitality uses, and consistent beach-bound traffic. Ongoing public investment and area revitalization continue to attract neighborhood retailers, boutique fitness operators, cafés, service-based tenants, and specialty food concepts.
The Property is ideally configured to accommodate these uses, offering efficient bay depths, prominent storefront visibility, and versatile layouts.
The building delivers strong curb appeal and a commanding street presence, supporting both stable occupancy and future repositioning or rental upside. Located along one of
North Beach’s primary east–west thoroughfares, the Property enjoys reliable vehicular and pedestrian flow, with convenient proximity to municipal parking serving the district.
This offering represents an opportunity to acquire a stabilized retail asset within a rapidly improving submarket, supported by ongoing residential development and long-term neighborhood redevelopment initiatives
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Bar
Building Size
3,875 SF
Building Class
C
Year Built
1947
Tenancy
Single
Building Height
2 Stories
Building FAR
1.27
Lot Size
0.07 AC
Zoning
Commercial - The only property that is zoned for a nightclub in the area with active licenses.
Frontage
33’ on 71st St St
Amenities
- Mezzanine
- Restaurant
- Signage
- Tenant Controlled HVAC
- Roof Terrace
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 3,875 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 3,875 SF | Retail | - | Now |
1st Floor
| Size |
| 3,875 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Very walkable
80/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 02-3210-013-0510 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,246,781 CAD |
Property Taxes
Parcel Number
02-3210-013-0510
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,246,781 CAD
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912 71st St
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