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NNN Cafe & Gelato Retail Unit
For Sale
$1,450,000

260 Crandon Blvd # C40, Key Biscayne, FL 33149

Fully leased cafe and gelato retail unit in a 55-unit open-air shopping center under an NNN lease.

Property Size1,044 SF
Days on Market49

Property Features for 260 Crandon Blvd # C40

General Information

Standard status Active
Size 1,044 SF
Property subtype Retail

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $14,447

Building Details

Building Size 1,044 SF
Year Built 1981
Listing Agency: Great Properties International LLC
Listed By: Fernando Echeverri · License #3045300
Source: Silverleafrealtygroup
Added: Jul 13 Changed: Aug 24 Last Checked: Aug 29 at 5:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Great Properties International LLC

Investment Insights

Based on property information with market context.

This is a fully leased retail unit operating as a cafe and gelato, with tenant responsibility for operating expenses under a NNN lease structure. The asset is positioned within The Square, an open-air shopping center comprising 55 units.

The property is located on Crandon Boulevard in Key Biscayne, with shopping and services provided by a mix of restaurants, boutiques, salons, and professional offices within the center.

The unit is offered as an in-place, leased investment, with minimal landlord obligations tied to the NNN operating expense framework.

Key Highlights

  • Fully leased cafe and gelato retail unit under a NNN lease
  • Tenant operates the cafe & gelato and is responsible for operating expenses
  • Located in The Square, a 55‑unit open‑air shopping center

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Grocery & Convenience Store Electrical Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Hair Salon Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,345
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33149, FL

14,847
Population
7,514
Households
2
Avg Household Size
43
Median Age
74%
College-Educated
96%
High-School Grad
4.7 sq mi
ZIP Area
3,159
Density / Sq Mi
$171,982
Median Household Income
$76,530
Median Earnings
$3,501
Median Rent
$1,231,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully leased cafe and gelato retail unit in a 55-unit open-air shopping center under an NNN lease.
Where is this conventional restaurant located?
The property is located at 260 Crandon Blvd # C40 Key Biscayne, FL.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Fully leased cafe and gelato retail unit under a NNN lease; Tenant operates the cafe & gelato and is responsible for operating expenses; Located in The Square, a 55‑unit open‑air shopping center
More about this property
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