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Pinnacle Real Estate Group – FL

1226 Normandy Drive, Miami Beach, FL 33141 (MLS# A12069920)

1226 Normandy Drive, Miami Beach, FL 33141

$4,900,000
Property Type: Commercial Sale Square Footage: 6,518 Status: Active
Current Price: $4,900,000 List Date: 8/13/2026 Last Modified: 9/10/2026

Overview

Description

Prime North Beach Commercial Opportunity – Income-Producing Property with Redevelopment Potential. Located in the heart of North Beach, this exceptional commercial property is surrounded by ongoing new business activity, luxury condominium developments, and high-end construction throughout the Beach/Collins and North Bay Village. Strategically positioned between these thriving areas, the property benefits from strong visibility, traffic, and continued neighborhood growth. The existing shopping center is currently home to 9 established businesses, providing immediate income-producing potential for a new owner. Each of the 9 suites has its own individual FPL electric and water/sewer setup, offering flexibility and ease of management. All current tenants are secured under 2-year leases with options to renew, creating stability and an attractive opportunity for an investor seeking existing cash flow. The property currently offers the potential for approximately a 5.5% capitalization rate ...

Listing Details MLS# A12069920

General Property Information

Property Sub Type
Retail
Occupant Type
Tenant
Building Area Main
6518
Year Built
1953
Lot Size Area
11476
Lot Size Acres
0.26

Property Features

Business Type: Retail Structure Type: Office; Retail

Contract Information

Comp Sale YN
No
Original List Price
4900000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
1226
Street Name
Normandy
Street Suffix
Drive
City Name
Miami Beach
Municipal Code
2
State Or Province
FL
Postal Code
33141
Postal Code +4
3611
Area
2320
Parcel Number
0232100131200
Subdivision Number
13
Zoning
6400
Flood Zone
AE

Financial Information

Tax Legal Description
2-3-10-11 53 42 PB 25-60 OCEAN SIDE SEC ISLE OF NORMANDY LOTS 7 THRU 11 LESS S25FT BLK 10 LOT SIZE 127.520 X 90 OR 16178-1263 1193 1

Status Change Information

Major Change Timestamp
2026-08-13T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-08-13

More Information

Price Calculations

Current Price To SqFt
751.76

Section Details

Parcel Number MLX
1200

Originating Details

Originating System Key
548544270
Originating System ID
M00000151
IDX
Listing Office: One Sotheby's International Realty
Last Updated: September - 10 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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