BreakThru Realty

1226 Normandy Drive, Miami Beach, FL 33141

$4,900,000 · $752 per sq ft · Retail for sale

  • Property type: Retail
  • Asking price: $4,900,000
  • Price per sq ft: $752
  • Building size: 6,518 sq ft
  • Lot size: 11,326 sq ft
  • Zoning: 6400
  • Year built: 1953
  • Parcel ID: 0232100131200
  • MLS#: A12069920
Photo 1 at 1226 Normandy Drive, Miami BeachPhoto 2 at 1226 Normandy Drive, Miami BeachPhoto 3 at 1226 Normandy Drive, Miami BeachPhoto 4 at 1226 Normandy Drive, Miami BeachPhoto 5 at 1226 Normandy Drive, Miami BeachPhoto 6 at 1226 Normandy Drive, Miami BeachPhoto 7 at 1226 Normandy Drive, Miami BeachPhoto 8 at 1226 Normandy Drive, Miami Beach

About this property

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 while maintaining the existing configuration. For investors and developers looking beyond the existing income stream, the property also offers significant redevelopment potential. Create approximately 14,350sqf of under air. The additional space could accommodate a wide range of uses, including, Schools and educational facilities, Professional and corporate offices, Medical and wellness offices, recording studios, Creative and entertainment businesses, Retail and service-oriented businesses

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

One Sotheby's International Realty · MLS@onesothebysrealty.com · Listing agent: Casey Loundy

BeachesMLS logo All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 1226 Normandy Drive or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Questions About 1226 Normandy Drive

How much is 1226 Normandy Drive?
1226 Normandy Drive is listed at $4,900,000, about $752 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
What is 1226 Normandy Drive zoned?
The listing reports zoning of 6400. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
How big is 1226 Normandy Drive?
The listing reports 6,518 square feet of building.
When was 1226 Normandy Drive built?
1226 Normandy Drive was built in 1953. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
How do I tour 1226 Normandy Drive?
Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

More Commercial Listings Nearby

See every commercial listing in Miami Beach or browse Florida commercial real estate.

Explore