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Property profile & analytics
FOR SALE
Retail space

620 Crandon Blvd Key Biscayne, FL 33149

1,788 SF Built 1951
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-4829993
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1951
Total area 1,788 SF
Zoning code 6100:COMMERCIAL,NEIGHBRHD
APN 24-5205-063-0070
UPID US18-4829993
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.29M
Owner & transaction history
620 Crandon Boulevard Re LLC · 1 yrs held
620 Crandon Boulevard Re LLC
since 2025
5 recorded transactions
2025
$1.8M
2018
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · Key Biscayne, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.3M +29.2%
Office building $1.2M +19.2%
Auto repair, garage $1.2M +14.3%
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