Building Details

Year Built 1981

Listing Agency: Coldwell Banker Realty

Listed By: Catalina Uribe Show Phone

Source: Mymiahomes

Added: Apr 24 Changed: Oct 25 Last Checked: Oct 7 at 2:03PM

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Investment Insights

Based on property information with market context.

This commercial space is located within The Square, a commercial condominium in Key Biscayne. The unit occupies a corner position on a courtyard that features shared outdoor seating areas and experiences high pedestrian traffic. The surrounding area includes businesses such as Patagonia Nahuen, La Despensa, and Kazumi Restaurant, as well as major banks, medical offices, and a variety of retail shops offering clothing, toys, and décor. The property is currently leased through July 2028. The current monthly rent is $6,036.59. The rent will be $6,217.71 in January 2027 and $6,404.24 in January 2028. The lease expires on July 31, 2028. The owner is responsible for property taxes and maintenance. The monthly maintenance fee is $475. The location has a bike score of 63, indicating it is bikeable, and a walk score of 72, indicating it is very walkable.

Key Highlights

• Excellent commercial space in The Square, a premier commercial condominium in Key Biscayne.
• Currently leased through July 2028, providing immediate rental income.
• Corner courtyard location with high pedestrian traffic and shared outdoor seating.**

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Retail space

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

1,345

Businesses Nearby

Explore this area Business Placement

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

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Frequently Asked Questions

What type of property is this?

Retail space - Commercial space in Key Biscayne's premier commercial condominium.

Where is this retail space located?

The property is located at 260 Crandon Blvd E18 Key Biscayne, FL.

What is the asking price?

The asking price for this property is $1,100,000.

What are key features of this property?

This property features: Excellent commercial space in The Square, a premier commercial condominium in Key Biscayne.; Currently leased through July 2028, providing immediate rental income.; Corner courtyard location with high pedestrian traffic and shared outdoor seating.**