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Key Biscayne Commercial Condominium Space
For Sale
$1,100,000

260 Crandon Blvd E18, Key Biscayne, FL 33149

Commercial space in Key Biscayne's premier commercial condominium.

Property Size785 SF
Price / SF$1,401
Days on Market143

Property Features for 260 Crandon Blvd E18

General Information

Standard status Active
Size 785 SF

Building Details

Year Built 1981
Listing Agency: Coldwell Banker Realty
Listed By: Catalina Uribe
Source: Mymiahomes
Added: Apr 24 Changed: Sep 6 Last Checked: Sep 12 at 2:36PM

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 Coldwell Banker Realty

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

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Current Use

Retail space

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.

Location Intelligence

Trade Area within ½ mile

1,345
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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.**
More about this property
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