Navarro Miami Beach
Market Price
631 71st Street, Miami Beach, FL 33141
For Lease
Retail
Active
Last Updated: 07/01/2022
7,174 sqft
Building Size
Details:
Building Size: 7,174 sqft
Highlights:
- 11,872 SF.
- High barriers to entry with few properties zoned for retail
- Strong demographics, with Avg HH Income of $84k within 3-miles
- 14,400 VPD in 2017 on 71st St (Normandy Dr.)
- 2 free standing restaurants
Description:
Located on the corner of 71ST and Indian CreekDrive, this property's unique features make it a rare Miami Beach gem. This renovated free-standing building offers excellent visibility and ample self-contained parking. The building is currently occupied by a high-volume Navarro Pharmacy, a subsidiary of CVS. The property also includes the two restaurants adjacent to the Navarro. Recent up-zoning and increasing density along 71st Street have led to a significant increase in values of adjacent properties and accelerated sales activity.
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