620 Crandon Blvd Key Biscayne, FL 33149
For Sale
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This exceptional Key Biscayne restaurant presents a rare investment opportunity. Located at 620 Crandon Blvd #7, this single-tenant property is situated in a highly desirable area known for its vibrant atmosphere and significant foot traffic. Currently operating as a successful restaurant, the space benefits from excellent visibility and is perfectly positioned to capitalize on the strong local demand. The property's zoning is classified as 6100. The building consists of a single suite, offering a cohesive and manageable operation. While the square footage is not currently specified, the property's prime location and established business make it an attractive proposition for both seasoned restaurateurs and new entrants to the market. The property's APN is 24-52-05-063-0070. This is a chance to acquire a turnkey restaurant business in a coveted location, offering immediate income potential and significant long-term growth prospects. The property's success is underpinned by its strategic placement within the bustling Key Biscayne community, ensuring consistent customer flow and a strong reputation. Serious inquiries are encouraged to explore this unique opportunity to own a thriving business in a highly sought-after area. Further details regarding gross rent are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · Key Biscayne, FLKey Biscayne. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.