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260 Crandon Blvd
Key Biscayne, FL 33149
The Square at Key Biscayne · Retail Property For Sale
·
1,044 SF
Investment Highlights
- End-cap space in a prime location at The Square of Key Biscayne, offering excellent accessibility, ingress, and egress.
- Located within an affluent and highly exclusive island community with strong demographics and purchasing power.
- Convenient direct access from Crandon Boulevard, Key Biscayne’s primary commercial corridor.
- Ideal opportunity for an investor or owner-user, including professional office, financial institution, or bank use.
Executive Summary
The Square of Key Biscayne is an established open-air shopping center strategically located at 260 Crandon Boulevard, the island’s primary commercial corridor. The center features approximately 55 commercial units and a diverse mix of restaurants, specialty retailers, boutiques, salons, medical providers, professional offices, and other neighborhood-serving businesses. Its central location, convenient customer parking, and direct access from Crandon Boulevard make The Square a well-known and frequently visited destination for Key Biscayne residents and visitors. The center benefits from its location within an affluent, highly desirable island community with limited commercial real estate inventory.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | APN/Parcel ID | 24-4232-022-0490 |
| Cap Rate | 5.73% |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.73% |
| APN/Parcel ID | 24-4232-022-0490 |
Description
Prime corner NNN retail unit located at The Square Shopping Center. Highly desirable end-cap space in an ideal location with great accessibility, ingress, and egress. This high visible space is located at the entrance of a shopping center with high foot traffic. Other tenants include restaurants, retailers, salons, and offices. Shopping center is located on Crandon Blvd, the main road in Key Biscayne.
Sale Notes
Unique investment opportunity featuring one of only two end-cap spaces at The Square of Key Biscayne. All income and expense information is presented on a pro forma basis and is based on estimated market assumptions.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit A51 | 1,044 SF | Retail | Upon Request | $160,204.20 CAD |
Unit A51
| Unit Size |
| 1,044 SF |
| Condo Use |
| Retail |
| Price |
| Upon Request |
| NOI |
| $160,204.20 CAD |
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Unit A51
| Unit Size | 1,044 SF |
| Condo Use | Retail |
| Price | Upon Request |
| NOI | $160,204.20 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.73% |
| APN/Parcel ID | 24-4232-022-0490 |
| Description | |
| Prime corner NNN retail unit located at The Square Shopping Center. Highly desirable end-cap space in an ideal location with great accessibility, ingress, and egress. This high visible space is located at the entrance of a shopping center with high foot traffic. Other tenants include restaurants, retailers, salons, and offices. Shopping center is located on Crandon Blvd, the main road in Key Biscayne.</li></ul> | |
| Sale Notes | |
| Unique investment opportunity featuring one of only two end-cap spaces at The Square of Key Biscayne. All income and expense information is presented on a pro forma basis and is based on estimated market assumptions.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Amenities
- Banking
- Property Manager on Site
- Restaurant
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
- Smoke Detector
1 of 39
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
