Navarro Miami Beach Miami Beach, FL

Property

Overview

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.

Key Facts

  • 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

Address

631 71st Street
Miami Beach, FL 33141

Video

Location

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Demographics

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Demos

2017 Estimate

1 Mile 2 Mile 3 Mile
Population 27,090 49,284 71,142
Households 12,965 23,245 33,104
Avg Household Income $61,695 $77,838 $84,425
Median Home Value $359,079 $415,917 $476,640

Team

Leasing/Property Management

avatar

Joel Benes

Broker
Horizon Properties of Miami
305.364.9945 jbenes@horizonpropertiesfl.com
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Maria Frances

Property Manager
Horizon Properties of Miami
305.364.9945 maria@horizonpropertiesfl.com

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