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260 Crandon Blvd C40 Key Biscayne, FL $ 1,370,000
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$ 1,370,000 Get more info
260 Crandon Blvd C40
$ 1,370,000
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260 Crandon Blvd C40

Key Biscayne, FL, 33149
$ 1,370,000
Baths0.0 Sq 1,044

Monthly Estimate*

$ 9,570

260 Crandon Blvd C40, Key Biscayne, FL 33149 - Image 1
260 Crandon Blvd C40, Key Biscayne, FL 33149 - Image 2
260 Crandon Blvd C40, Key Biscayne, FL 33149 - Image 3
260 Crandon Blvd C40, Key Biscayne, FL 33149 - Image 4
260 Crandon Blvd C40, Key Biscayne, FL 33149 - Image 5
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Studio

Commercial Property for sale in Key Biscayne, FL

for $1,370,000. This 1,044 square foot building was built in 1981.

PRIME Investment Opportunity. Fully NNN(tenant reimburses for all expenses) - NOI $76,441 - 5.58% Cap - 4% Annual Increases - Unit in main plaza of Shopping Center. Rented to Narbona, a highly successful restaurant/market with other locations in the city. Shopping center located in an affluent Zip Code with a captive client base. Tenant occupies 4 units in the plaza and has recently expanded into this unit. Lease has 5 years remaining with another 5 year renewal option. High foot traffic, other tenants include Bank of America and First Horizon among other successful restaurants, salons and retailers. Shopping center is on Crandon Blvd, the main road in Key Biscayne. Unit has 1,044 sq ft.

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Commercial Active

Price

$ 1,370,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 12,773

Style

Retail

Year Built

1981

Town/City

Key Biscayne

County/Region

Miami-Dade

MLS | Web ID

A11550603
Features
General
Year Built 1981
Unit Number C40
Property SubType Retail
County Miami-Dade County
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
City Key Biscayne
Buyer Agent Compensation 3%
Disclosures OwnerIsListingAgent
View Y/N N
Senior Community Y/N N
Zoning Description 6100
MLS Area 42
Lot Size Square Feet 0.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Crandon Blvd
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 12773.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11550603
Days on Market 0
Structure Type Retail
Standard Status Active
Occupancy Description Tenant
Legal Description THE SQUARE AT KEY BISCAYNE CONDO UNIT C-40 UNDIV 2.157% INT IN COMMON ELEMENTS OFF REC 11327-1796 OR 21133-4032 0303 4
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Exterior
Lot Size Area 0.0
Spa N
Building Area Total 1044.0
Lot Size Units SquareFeet
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 260
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* Excluded Features
List By
Great Properties International Llc

Broker

josedelcorral@me.com

Email

Affordability Calculator

$10,634
Per Month
90%
10%
0%
Monthly Principal & Interest
$9,570
Monthly Property Taxes
$1,064
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/14/2024$1,370,000 Listed Price

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260 Crandon Blvd C40, Key Biscayne, FL, 33149 is a Commercial Property for sale at $1,370,000 with 1,044 sqft. 260 Crandon Blvd C40 is a studio with 0.0 baths and was built in 1981. The property's zip code is 33149 which is in Key Biscayne, FL

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