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Leased NNN Retail Unit
For Sale
$1,450,000

260 Crandon Boulevard C14, Key Biscayne, FL 33149

Restaurant-occupied unit in an open-air commercial center with tenant-paid operating expenses.

Property Size1,044 SF
Days on Market58

Property Features for 260 Crandon Boulevard C14

General Information

Standard status Active
Size 1,044 SF
Property subtype Retail
Occupancy 100%

Taxes and HOA fees

Annual Taxes $14,447

Building Details

Building Size 1,044 SF
Year Built 1981
Tenancy Single
Listing Agency: Great Properties International LLC
Listed By: Fernando A Echeverri · License #3045300
Source: Silverleafrealtygroup
Added: Jul 6 Changed: Aug 31 Last Checked: Aug 30 at 10:05PM

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 retail unit is occupied by a restaurant under a NNN lease, with the tenant responsible for operating expenses. The arrangement places the space within an established commercial setting while limiting the landlord’s operating responsibilities. The property was built in 1981.

The unit is located at 260 Crandon Boulevard, C14, in Key Biscayne, Florida, within The Square, a 55-unit open-air shopping center. The center includes restaurants, boutiques, salons, and professional offices, creating a varied commercial environment around the property.

The asset combines an occupied retail space with a NNN lease structure and an existing restaurant use. The Square’s tenant mix and open-air format provide the broader physical and commercial context for the unit.

Key Highlights

  • Fully leased retail unit occupied by a restaurant
  • NNN lease places operating expenses with the tenant
  • Located within The Square, a 55‑unit open‑air shopping center

Property Analytics

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.

Lease Details

100%
Occupancy
Single-tenant
Tenancy

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

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?
NNN property - Restaurant-occupied unit in an open-air commercial center with tenant-paid operating expenses.
Where is this nnn property located?
The property is located at 260 Crandon Boulevard C14 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 retail unit occupied by a restaurant; NNN lease places operating expenses with the tenant; Located within The Square, a 55‑unit open‑air shopping center
More about this property
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