Miami-Dade County  »  940 71st St

940 71st Street, Miami Beach, FL 33141 Property Information

940 71st Street, Miami Beach, FL 33141 Property Information

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  • Neighborhood
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940 71st Street, Miami Beach, FL 33141
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Address

Primary address 940 71st Street, Miami Beach
Zip code 33141
County Miami-Dade
Municipality Miami Beach
Neighborhood Normandy Isles
Parcel ID 0232100130460

Sales & Tax Overview for 940 71st Street, Miami Beach

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 06/22/1993
Sale price $250,000
Arm's length
Property tax $33,285

Lot & Building Information for 940 71st Street, Miami Beach

Building sqft 5,313
Building class Store: Retail Outlet (1111)
Acreage 0.119
Year built 1938
Stories 1
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
School district Miami-Dade County Public Schools

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Other Property Data for 940 71st Street, Miami Beach

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About 940 71st Street, Miami Beach

How many sq. ft. does 940 71st Street, Miami Beach, FL 33141 have & what is the price per sq. ft?

This Store: Retail Outlet (1111) located at 940 71st Street, Miami Beach, FL 33141 has a total of 5,313 square feet and a current price per square foot of $47.

What is the year built & the current market value of 940 71st Street, Miami Beach, FL 33141?

940 71st Street, Miami Beach, FL 33141 was built in 1938 and has a current tax assessor's market value of $2,256,000.

Ownership Information

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Spaces for Lease in 940 71st Street, Miami Beach

940 71st St
Listing type For Lease
Listing date 02/07/2025
Last updated 10/23/2025
Lot size 0.1192 Acre

The best most visible corner on 71st !! This was a 2nd generation restaurant, now the space is gutted and ready for a new restaurant. There are design plans that have approved by the City, see attached. We have a couple of different options for you to rent from 500 sf to 4000 sf or any combination. • Space/Retail 1 identified as the “green area” in the proposed floor plan, offers approximately 1093 sqft, including common areas, with a base rent of $35 per sqft/yr plus cam $10.98 pr sf/yr under a Modified -NNN Lease. Thanks to its amazing street frontage, Space 1 offers an opportunity for outdoor sitting area and high visibility on one of the main roads. 

• Space/Retail 2 identified as the “pink area” in the proposed floor plan, offers approximately 850 sqft, including common areas, with a base rent of $36.70 per sqft/yr plus cam $10.16 pr sf/yr under a Modified -NNN Lease. Additionally, its central location between the other two spaces offers high visibility along with outdoor sitting area opportunity, attracting customers.

• Space/Retail 3 identified as the “blue area” in the proposed floor plan, offers approximately 1,800 sqft, including common areas, with a base rent of $32.66 per sqft/yr plus cam $12 pr sf/yr under a Modified -NNN Lease. This space being the most opened and large area creates value for any type of business, offering adaptable layout, outdoor sitting area and opportunity to satisfy any potential needs. 

 

LEASE TERM ARE NEGOTIABLE , OWNER WILL BEAT ANY DEAL AND WE PAY FULL COMMISSIONS Cars come right at it. 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 offers the perfect opportunity for your business. Local Owners will create and beat any deal in the Area Exceptional opportunity to lease a 2nd generation restaurant in a high- visibility location. Situated on a bustling thoroughfare in the central area of Normandy Isle and 71st, this property offers prime potential for diverse opportunities. Owners are local, Full commissions paid to brokers

 

LEASE TERM ARE NEGOTIABLE , OWNER WILL BEAT ANY DEAL AND WE PAY FULL COMMISSIONS

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Brokers

Jessica Fernandez
Spaces
Suite name Space type Lease rate Available space Brokers
Space Available Restaurant $420-$720/Sqft/Year 4,200 Jessica Fernandez
(305) 827-8373
Active Listings For This Property:
For Lease 940 71st St
940 71st St
940 71st Street, Miami Beach
Property Restaurant
Availability 1 Spaces listed / 4200 Sqft
Price $420-$720/Sqft/Year
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Past Sales & Property History for 940 71st Street, Miami Beach

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Purchase date Purchase price Buyer name Seller name
06/22/1993 $250,000

Title Documents for 940 71st Street, Miami Beach

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Date Type Amount Party 1 Party 2 Maturity Document Related documents Doc image
06/22/1993 - R Warranty Deed
                 
                 
                 
                 
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R: Recorded date
D: Document date

Property Taxes for 940 71st Street, Miami Beach

Access detailed property tax data for 940 71st Street, Miami Beach, FL 33141. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $33,285
Market value $2,256,000
Assessed value $1,510,722

Assessment History for 940 71st Street, Miami Beach

Here's the assessment & property tax history for 940 71st Street, Miami Beach, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessment value Total tax rate Property tax Year over year change
2025 $2,256,000 $1,510,722 18.7601 $33,285 +5.22%
2024 $2,256,000 $1,373,384 18.7913 $31,635 +7.98%
2023 $2,100,000 $1,248,531 18.8967 $29,297 +5.82%
2022 $2,100,000 $1,135,029 18.7893 $27,685 +38.96%
2021 $1,031,845 $1,031,845 19.3081 $19,923 -0.28%

Miami Beach residential market stats

Median Sale Price
$513,500
-4% YoY
Median Price/Sqft
$566
-3.2% YoY
Miami-Dade County Median Sale Price
$510,000
0% YoY

Access a detailed real estate market overview of Miami Beach so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Miami Beach and compare it to other neighborhoods in Miami-Dade County.

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Demographics by Zip Code

Total population 36,438
Median age 45.4
Average household income $103,794
Family households 50.3%
Occupied housing units 16,872
Owner occupied units 37.5%
Average number of people per household 2.14
Median year structure built 1972
Median value for units with a mortgage $412,000
Median value for units without a mortgage $476,500

Risk

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FEMA flood zone(s) AE (See more on map)

Transportation

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Neighbors for 940 71st Street, Miami Beach

Here are the neighbors for 940 71st Street, Miami Beach.

Address Square feet Purchase date Purchase price
932 71st St, Miami Beach 1,882 04/13/2005 $500,000
916 71st St, Miami Beach 2,970
908 71st St, Miami Beach 1,848 05/03/2023 $10
7116 Bay Dr, Miami Beach 5,894 09/12/2023 $10
904 71st St, Miami Beach 5,664 06/29/2010 $10
969 Normandy Dr, Miami Beach 16,780 07/02/1992 $1,525,000
6940 Bay Dr, Miami Beach 5,843 04/21/2022 $1,930,000
880 71st St, Miami Beach 08/10/2017 $3,500,000
912 71st St, Miami Beach 3,875 02/03/2025 $10
6922 Bay Dr, Miami Beach 2,115 01/28/2008 $10
913 Normandy Dr, Miami Beach 1,776 05/18/1988
909 Normandy Dr, Miami Beach 5,567 12/23/2019 $800,000
875 71st St, Miami Beach 2,036 07/07/2014 $2,100,000
928 Marseille Dr, Miami Beach 07/02/1992 $1,525,000
928 71st St, Miami Beach 2,321 08/04/2015 $775,000
924 71st St, Miami Beach 1,730 08/20/2009 $10
6932 Bay Dr, Miami Beach 1,387 12/18/2018 $10
931 Normandy Dr, Miami Beach 2,711 06/06/2003 $1,300,000
7124 Bay Dr, Miami Beach 4,732 06/26/2024 $1,765,000
924 Marseille Dr, Miami Beach 11,475 04/11/2022 $4,176,000

Nearby ZIP Codes for 940 71st Street, Miami Beach

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