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1971 71st St, Miami Beach FL 33141

Commercial For Sale
$2,500,000

BTC: 31.96317842

ETH: 987.94704604

26 days
0 room(s)

Overview

Unique opportunity to acquire a turnkey second-generation restaurant and bar in the heart of Normandy Isles, Miami Beach. The 3,349 SF building sits on a 5,402 SF lot with 50 feet of frontage along the strategic 71st Street corridor, connecting Miami Beach to the mainland. The property features an included liquor license allowing liquor sales and live music until 5 AM, an active Certificate of Use, new code-compliant grease trap, approved outdoor seating, and four on-site parking spaces plus ample street parking. Located on a city-designated restaurant fast-track corridor, the property is ideally positioned to benefit from significant surrounding residential growth, with 1,300+ new residential units delivered, under construction, or approved in North Beach. Its location along 71st Street also provides direct exposure to the continued commercial boom and population growth of neighboring North Bay Village, creating an exceptional opportunity for an operator or investor seeking a high-visibility restaurant and entertainment venue in one of Miami Beach’s emerging growth corridors.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1952
Lot:
5402 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,625,000
$1.2M – $2.8M
Confidence Low
List vs. estimate
$875K above estimate
List $2,500,000 · +53.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
11 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $318K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Parking
4 spaces
All facts and features
  • Lot

    • Lot: 5402 Square Feet

    Other Property Information

    • Parcel Number: 02-32-10-002-0800

    • Zoning: 6100

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Restaurant/Entertainment

  • Source details

    • MLS ID: A12072943

    Other facts

    • Lot Features: Beach Access / City Location

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Upside Partner, LLC.