1943 71st St , for Sale

1943 71st St for Sale

Price $3,500,000.00

• Lot size 6301
• Year Build 1946
• Waterfront
• Zip 33141
• Style
• Parking Description
• Pool Yes
• Status Active

Description

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.

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

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.

City:Miami Beach,Zoning:6100,List A O R:A-Miami Association of REALTORS,Latitude:25.8514619,List Price:3500000,Listing Id:A11536077,Longitude:-80.141009,Mls Status:Active,Year Built:1946,Postal Code:33141,Street Name:71st St,Coordinates:1:25.8514619,Photos Count:16,Days On Market:14,Lot Size Units:Square Feet,M I A M I R E_ Area:32,On Market Date:2024-02-06,Parcel Number:02-32-10-002-0750,Property Type:Commercial Sale,Street Number:1943,Public Remarks: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.,County Or Parish:Miami-Dade County,List Office Name:Fausto Commercial Realty Consultants Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:6907,Property Sub Type:Income/MultiFamily,State Or Province:FL,Tax Annual Amount:22443,Unparsed Address:1943 71st St, Miami Beach FL 33141,Listing Agreement:Exclusive Agency,Building Area Total:5488,Building Area Units:Square Feet,Lot Size Square Feet:6301,Original List Price:3500000,Public Survey Range:32,I D X Participation Y N:1,Syndication Remarks: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.,Listing Contract Date:2024-02-06,Originating System I D:miamire,Public Survey Section:10,Street Number Numeric:1943,Tax 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,Public Survey Township:32,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2%,M I A M I R E_ Internet Remarks:High visibility on a bustling street ensures seamless connectivity, attracting both locals and visitors. 14 unit - GOI $15,850. CD-1 zoning,Contract Status Change Date:2024-02-06,Internet Address Display Y N:1,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: 2%, The offer of compensation is made only to participants of the MLS where the listing is filed.,Transaction Broker Compensation Type:%,