List Search

969 Normandy Dr
Miami Beach, FL 33141 Normandy Isles

$13,500,000 USD

Storefront For Sale  •  14,475 SF

Property Details

  • Property Type Storefront
  • Total Building Size 14,475 SF
  • Lot Size 0.91 AC
  • Building Class C
  • Year Built 1987
  • Tenancy Multiple
  • Zoning CD-2
45 Transit Score
90 Walk Score

Highlights

Normandy Isle Grocery Anchored Retail Property on Two Large, Developable Lots Zoned CD-2 and RM-1, Totaling 39,750 SF of Land
Offering Allows for up to Five Stories of Multifamily / Mixed-Use Development, or the Ability to Raise Rents on Existing Leases, which are Short-Term
Includes 14,475 SF Retail Building – 100% Occupied by Sabor Tropical Supermarket and Advance Auto - Both Expire in '28 w/No Renewal Options
Corner Location in Miami Beach on High Traffic Normandy Drive Just Across the Street From the Famous Normandy Fountain Plaza
North of Miami Beach has Seen a Development Boom with Multiple Retail, Hotel and Multi-Family Developments Currently in Planning or Under Construction
Subject Property Includes an 18,750 SF Surface Lot that is Adjacent to the Retail Parcel, Allowing for Additional Development and/or Parking Capacity

Major Tenants

Tenant SF Occupied Lease End Date
Advance Auto Parts 6,600 SF
Tropical Supermarket 7,875 SF

Amenities

  • Signalized Intersection

Public Transportation

Commuter RailDriveWalkDistance
Allapattah (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 20 min - 8.8 mi
Santa Clara (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 21 min - 9.5 mi
AirportDriveWalkDistance
Miami International 35 min - 16.0 mi
Fort Lauderdale/Hollywood International 37 min - 22.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 15
Type: Surface
Included in Rent: Yes
Tricia Lim 786-522-7086 Marcus & Millichap
Tricia Lim 786-522-7086 Marcus & Millichap