Home » Properties » 940 71st St, Miami Beach FL 33141

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Commercial Lease Opportunity at 940 71st St, Miami Beach

Lease a versatile commercial space in Miami Beach’s Normandy Isle with adaptable zoning for restaurant, office, or retail use.

$35

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MLS #A11653100

Listing Updated: 2026-07-12 00:34:14

Listed By: Realty Hub

Overview

This commercial property at 940 71st St in Miami Beach offers a unique leasing opportunity for businesses seeking a flexible space. Built in 1938, the property is located in the heart of Normandy Isle, a vibrant area with high visibility on one of the main roads leading to and from Miami Beach. The adaptable zoning allows for various uses including restaurant, office, and retail, making it suitable for diverse business models. The space can be divided into three separate units, each with access to a shared kitchen and common areas, providing convenience and operational flexibility. Nearby national retailers and local restaurants add to the location’s appeal, supporting potential customer traffic and business growth.

Property Highlights

Adaptable zoning for restaurant, office, or retail; Located in central Normandy Isle; Option to lease three separate spaces; Shared kitchen and common areas; High traffic main road location; Nearby national and local retailers.

Property Details

City: Miami Beach

State: FL

Zip Code: 33141

Address: 940 71st St, Miami Beach FL 33141

Year Built: 1938

Property Type: Commercial Sale

Property Sub Type: Restaurant/Entertainment

Listing Office Name: Realty Hub

County: Miami-Dade County

Garage Spaces:

Parking Features: On Street

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $29,297

Days On Market: 658 Days

Original Listing Description

The best most visible corner on 71st !! This was a 2nd generation restaurant, now the space is gutted and ready for a new restaurant. Adaptable zoning, from restaurant, office, retail & more. Situated in the central area of Normandy Isle and 71st, offers prime potential for diverse opportunities. This is one of the main roads that lead to and from Miami Beach. With a lot of national retailers nearby such Family Dollar, Sherwin William, Advance Auto and many local restaurants this location offers perfect opportunity for your business. As well it could be rented in 3 separate spaces, each offering access to a shared kitchen & common areas. Rate per sqft ranges from thirty five ($35)- sixty ($60) per sqft NNN

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

940 71st St, Miami Beach FL 33141

About This Neighborhood

Normandy Isle in Miami Beach is a dynamic neighborhood known for its mix of residential and commercial properties. The area benefits from a central location with easy access to major roads, making it convenient for both local residents and visitors. Nearby businesses include national chains and local eateries, creating a lively commercial environment. This neighborhood supports diverse business activities and offers opportunities for growth due to its established community and steady foot traffic along main streets such as 71st Street.

Walkability & Lifestyle

Situated on 71st Street in Normandy Isle, this commercial space enjoys a walkable environment with nearby restaurants, retail stores, and service providers. The area’s pedestrian-friendly streets facilitate easy access for customers and employees alike. Close proximity to waterfront areas and parks adds to the neighborhood’s appeal, encouraging foot traffic and enhancing the overall lifestyle experience for visitors and locals.

Things To Do Nearby

Normandy Isle offers a variety of activities including dining at local restaurants, shopping at nearby national retailers, and enjoying waterfront parks. The area supports an active lifestyle with opportunities for boating, fishing, and outdoor recreation. Cultural events and nightlife options in Miami Beach are easily accessible, making this location attractive for businesses that benefit from diverse customer engagement throughout the day and evening.

Nearby Schools

While this property is commercial, its location in Miami Beach offers convenient access to a variety of educational institutions nearby. Families and employees in the area benefit from the proximity to public and private schools, which supports the community’s stability and appeal. Easy access to schools can be an important consideration for businesses that serve local residents or employ staff who commute from nearby neighborhoods.

Why Buyers Like This Area

Buyers and tenants appreciate this location for its strategic position on a main road with high visibility and access to a diverse customer base. The adaptable zoning allows for multiple business types, increasing the property’s usability. The presence of both national retailers and local businesses nearby creates a supportive commercial environment. Additionally, the option to lease the property in separate spaces with shared facilities adds operational flexibility, making it suitable for various business models and sizes.

Investment Potential

This commercial space in Miami Beach’s Normandy Isle offers flexibility that appeals to a variety of business types, including restaurants, offices, and retail shops. Its location on a main thoroughfare ensures steady visibility and access, which can attract a broad customer base. The option to lease the property in three separate spaces with shared facilities enhances usability and tenant appeal. While rental income can vary, the adaptable zoning and proximity to national retailers contribute to sustained interest from potential tenants seeking a strategic location in a bustling commercial corridor.

Market Trends

The Miami Beach commercial real estate market continues to attract interest due to its strategic coastal location and vibrant economy. Properties with adaptable zoning like this one are particularly sought after, as they accommodate a range of business needs. Demand for retail and restaurant spaces remains steady, supported by both local residents and tourists. Inventory in prime areas such as Normandy Isle tends to move efficiently, reflecting the ongoing appeal of well-positioned commercial properties that offer operational flexibility and visibility.

Rental Income Potential

The property’s adaptable zoning and central location in Normandy Isle make it attractive for tenants seeking restaurant, office, or retail space. This versatility supports a broad tenant pool, including businesses that benefit from shared kitchen facilities and common areas. Seasonal demand and proximity to established retailers can enhance tenant interest, though rental income will depend on market conditions and lease terms. The option to rent in separate spaces adds flexibility for different business sizes and models, potentially increasing occupancy opportunities.