260 Crandon Boulevard C40, Key Biscayne, FL 33149
- $1,450,000
Description
Investment opportunity to acquire a fully leased retail unit at The Square, one of Key Biscayne’s most established commercial centers. The property is occupied by a successful Cafe & Gelato under a NNN lease, with the tenant responsible for operating expenses, providing stable in-place income and minimal landlord obligations. Located on Crandon Boulevard, The Square is a vibrant 55-unit open-air shopping center with a diverse mix of restaurants, boutiques, salons, and professional offices.
Address
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Address: Array
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City: Key Biscayne
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State/county: Miami-Dade
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Zip/Postal Code: Array
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Area: Key Biscayne
Details
Updated on August 27, 2026 at 1:02 am-
Property ID Array
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Price $1,450,000
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Land Area 0.02 Sq Ft
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Year Built 1981
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Property Type Retail
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Property Status Commercial Sale
Additional details
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AssociationFee 630
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AssociationFeeFrequency Monthly
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Building Area Total 1044
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Business Type Retail
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Community Features Shopping
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Cooling Central Air
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Days On Market 36
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Documents Available Ground Photo, Rent Rolls
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Gross Income 105116
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GrossScheduledIncome 82679
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Heating Central, Individual
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Listing Terms Cash, Conventional
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Lot Size Area 1044
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Mobile Dim Units Feet
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Net Operating Income 82678
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NumberOfUnitsTotal 1
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Occupant Type Tenant
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Other Expense 22437
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Possession Negotiable
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PublicSurveyTownship 24
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RoadFrontageType City Street
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Sewer Public Sewer
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Street Suffix Boulevard
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Tax Annual Amount 14447
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TenantPays Insurance, Management, Taxes
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Water Source Public
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Zoning 6100
Features
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