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260 Crandon Blvd # E18, Key Biscayne FL 33149

Commercial For Sale
$1,100,000

BTC: 17.18750000

ETH: 611.11111111

125 days
0 room(s)

Overview

Investment Opportunity! Excellent commercial space located at The Square, a premier commercial condominium in Key Biscayne. The unit is positioned on a corner courtyard with shared outdoor seating areas and high pedestrian traffic, surrounded by Patagonia Nahuen, La Despensa, and Kazumi Restaurant. Other tenants include major banks, medical offices, and a variety of restaurants and retail shops (clothing, toys, and décor, among others). The unit is currently leased through July 2028. Current monthly rent: $6,036.59 January 2027 rent: $6,217.71 January 2028 rent: $6,404.24 Lease expiration: July 31, 2028 The owner pays property taxes and maintenance. Monthly maintenance: $475

Location

Florida • Key Biscayne • 33149 • Commercial • For Sale

Details

Type:
Commercial Sale
Parking:
Common
Year Built:
1981
Lot:
No Data
Heating:
Central Electric
Price/sqft:
No Data
Cooling:
Central Individual A/C
HOA:
$420

Valuation

Our model vs. what's actually selling nearby.
Estimate
$729,000
$314K – $1.2M
Confidence Low
List vs. estimate
$371K above estimate
List $1,100,000 · +50.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
9 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.1M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$11,475
HOA
$420/mo
All facts and features

  • Flooring

    • Vinyl

    Heating

    • Central Electric

    Cooling

    • Central Individual A/C

  • Parking

    • Common

    Other Property Information

    • Parcel Number: 24-42-32-022-0160

    • Zoning: 6100

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Other financial information

    • HOA: $420

    • HOA Frequency: Monthly

    • Annual tax amount: $11,475

  • Source details

    • MLS ID: A11951163

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Corner Unit / 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
161
median $2.6M
Active
Same city
Key Biscayne
160
median $2.6M
Active
Same type
Commercial
2
median $1.8M
Active
Similar price
$770K – $1.4M
40
median $1.1M
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: Coldwell Banker Realty