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260 Crandon Blvd # C40, Key Biscayne FL 33149

Commercial For Sale
$1,450,000

BTC: 22.96120348

ETH: 909.26763195

New
0 room(s)

Overview

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.

Location

Florida • Key Biscayne • 33149 • Commercial • For Sale

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1981
Lot:
1044 Square Feet
Heating:
Central Individual A/C
Price/sqft:
No Data
Cooling:
Central Individual A/C
HOA:
$630

Valuation

Our model vs. what's actually selling nearby.
Estimate
$200,000
$152K – $1.3M
Confidence Low
List vs. estimate
$1.2M above estimate
List $1,450,000 · +625.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
13 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.9M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$14,447
2025
HOA
$630/mo
All facts and features

  • Heating

    • Central Individual A/C

    Cooling

    • Central Individual A/C

  • Lot

    • Lot: 1044 Square Feet

    Other Property Information

    • Parcel Number: 24-42-32-022-0380

    • Zoning: 6100

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Other financial information

    • HOA: $630

    • HOA Frequency: Monthly

    • Annual tax amount: $14,447

  • Source details

    • MLS ID: A12048925

    Other facts

    • Lot Features: Shopping Center

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33149
144
median $2.5M
Active
Same city
Key Biscayne
144
median $2.5M
Active
Same type
Commercial
5
median $1.4M
Active
Similar price
$1.0M – $1.9M
35
median $1.4M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Great Properties International LLC