Property

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.

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 on 71st St (Normandy Dr.)

2 free standing restaurants

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Demographics

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Demos

Estimate

1 Mile 2 Mile 3 Mile
Population 27,090 49,284 71,142
Households 12,965 23,245 33,104
Avg Household Income $87,167 $96,187 $106,127
Median Home Value $457,311 $499,999 $639,030

Team

Leasing/Property Management

Joel Benes

Joel Benes

Broker
Horizon Properties of Miami
305.364.9945
Maria Frances

Maria Frances

Property Manager
Horizon Properties of Miami
305.364.9945
Property website by SharpLaunch