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$ 1,799,999
Est. payment | /mo
1,950 SqFt
$ 1,799,999
Est. payment | /mo
1,950 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,950 sqft
Price per Sqft $923
MLS Listing ID A11960128
HOA Y/N No
Year Built 1952
Annual Tax Amount $15,496
Lot Size 3,181 Sqft
Property Sub-Type Retail
Property Description
This 1,950 SF building in Normandy Isle, offered at $1,799,999, represents a fully modernized, low-CapEx acquisition with substantial immediate value. The property has been extensively hardened and upgraded, featuring a New Roof (2026), new impact doors and windows (2025), fresh exterior paint (2025), and a designer bathroom finished in Italian porcelain (2025). These specific improvements offer an investor significant long-term savings on insurance premiums and maintenance while providing a "plug-and-play" environment that bypasses the difficult Miami Beach permitting process. The asset is divided into two 975 SF bays; one is a meticulously finished luxury showroom, while the second offers the flexibility to be delivered "as-is" or renovated by the owner to the same high-end standard depending on the offer.
The location value is driven by its position at the primary transit gateway between the mainland and the ocean, placing it at the epicenter of a massive residential renaissance. To the west, North Bay Village is being reshaped by ultra-luxury towers like Shoma Bay, the Continuum Club, and Pagani Residences, while the immediate area to the east is densifying with projects like 72 Park and Ella Miami Beach. For the investor, this concentration of high-net-worth inventory ensures a captive, affluent consumer base and guaranteed land value appreciation.
The location value is driven by its position at the primary transit gateway between the mainland and the ocean, placing it at the epicenter of a massive residential renaissance. To the west, North Bay Village is being reshaped by ultra-luxury towers like Shoma Bay, the Continuum Club, and Pagani Residences, while the immediate area to the east is densifying with projects like 72 Park and Ella Miami Beach. For the investor, this concentration of high-net-worth inventory ensures a captive, affluent consumer base and guaranteed land value appreciation.
Location
State FL
County Miami-dade
Area 32
Exterior
Private Pool Yes
Others
Tax ID 02-32-10-002-0810
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11960128
Listed by Fausto Commercial Realty Consultants Inc
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