Commercial: MLS #A12048772 Key Biscayne, FL $ 1,450,000
Commercial: MLS #A12048772
$ 1,450,000
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Commercial: MLS #A12048772

Key Biscayne, FL, 33149
$ 1,450,000
Bedrooms-- Baths-- Sq 1,044

Monthly Estimate*

$ 9,155

MLS #/Web ID: A12048772 - Image 1
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MLS #/Web ID: A12048772 - Image 7
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Commercial Property for sale in Key Biscayne, FL

for $1,450,000. This 1,044 square foot building was built in 1981.

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 restaurant 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.

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Commercial Active

Price

$ 1,450,000

Property Type

Commercial

Taxes

$ 14,447

Style

Year Built

1981

Town/City

Key Biscayne

County/Region

Miami-Dade

MLS | Web ID

A12048772

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Possession Closing & Funding
HOA Fee 630
Year Built 1981
Tenant Pays Common Area Maintenance Insurance Taxes
Property Subtype Retail
Tax Year 2025
Gross Income 105777
Building Name THE SQUARE AT KEY BISCAYNE
Assoc Fee Paid Per Monthly
County Miami-Dade
Net Operating Income 82679
Property Type Commercial Sale
Status Active
City Key Biscayne
Zoning Description 6100
MLS Area 42
Lot Size Units Square Feet
Lot Size Square Feet 1044
Listing Terms Cash Conventional
Tax Annual Amount 14447
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12048772
Structure Type Retail
Standard Status Active
Occupancy Type Tenant
Legal Description THE SQUARE AT KEY BISCAYNE CONDO UNIT C-14 UNDIV 2.157% INT IN COMMON ELEMENTS OFF REC 11327-1796 OR 18280-4699 0998 1 COC 24074-1812 11 200
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Water Source Public
Lot Size Area 1044
Building Area Total 1044
Covered Spaces 0
Road Frontage Type City Street
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* Excluded Features
List By
Great Properties International Llc

Broker

fe@kbrealtor.com

Email

Affordability Calculator

$10,359
Per Month
88%
12%
0%
Monthly Principal & Interest
$9,155
Monthly Property Taxes
$1,204
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/14/2026$1,450,000 Listed Price

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